APT falls as intraday weakness and bearish momentum persist
Aptos (APT) is trading at $0.7771, down 7.2% on the day. The asset is positioned below its key short- and medium-term moving averages but remains above its major long-term daily average.
Highlights
- Aptos activated an encrypted mempool via Decibel Trade on October 21, 2026, allowing order concealment to reduce frontrunning and sandwich attacks.
- Aptos net supply growth rate fell to about 1.5% after March 2026, following reduced token issuance and increased token burns from fees.
- APT/USD trades under key moving averages with bearish momentum; expected 2 to 3 day price range is $0.7418 to $0.8611.
Transaction privacy upgrade and supply reduction boost network confidence
Aptos activated a mainnet Encrypted Mempool through Decibel Trade on October 21, 2026, introducing mechanisms that allow traders to conceal pending order details and mitigate frontrunning as well as sandwich attacks, according to Crypto. This security-focused upgrade increases transaction fairness and may drive greater confidence among ecosystem participants. Separately, Aptos’ annualized net supply growth rate dropped to about 1.5% after a change in March 2026 that reduced token issuance and increased the rate of token burns via transaction fees, as reported by Tokenpost. Regulatory developments also remain in focus after Aptos and several Blockchain foundations jointly petitioned the U.S. Securities and Exchange Commission to formalize its digital asset framework, according to Commstrader, though price action has remained under broader selling pressure.
Bearish momentum dominates amid oversold signals and key supports
On the h1 timeframe, APT/USD is trading below both the MA-20 at $0.8169 and MA-50 at $0.8144, with immediate resistance identified at the Ichimoku Kijun level of $0.8134. The price remains above the daily MA-200 at $0.7445, which stands as long-term support. Momentum indicators present a bearish picture: MACD, ADX, and Awesome Oscillator all point to continued weakness. Oversold conditions are confirmed by RSI at 29.2, Stochastic RSI, and CCI, though there is no clear signal of an impending reversal. Bull/Bear Power readings also confirm intraday seller dominance.
Further downside likely as upside breakout odds diminish
Over the next 2–3 trading days, APT/USD is likely to consolidate within the $0.7418 to $0.8611 volatility band relative to current levels. The probability of a move higher is considered very low, while the likelihood of continued downside is assessed as very high. The baseline scenario calls for sideways price action within this range. A sustained break above $0.8134 would indicate a potential bullish attempt, while a failure to hold support at $0.7445 might open the path for further declines.
Previously it was reported that Aptos’s technical structure remained broadly bullish following its mainnet privacy upgrade and deflationary policy changes. With the current shift to sustained bearish momentum and oversold technicals, traders should closely monitor the MA-200 at $0.7445 as the decisive level for potential support in the coming sessions.