Aptos latest news: mixed momentum with volatility after $29M token unlock and Kraken USDT listing

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Aptos Drops 7.17% Today

Highlights

Aptos (APT) trades at $4.839, just above key moving averages but faces upside resistance near the MA-200 at $4.843 amid tested momentum.
Upcoming USD1 stablecoin launch on Aptos and recent $29 million token unlock on September 11 drive increased volatility and anticipation, while Kraken adds USDT support for APT.
APT closed 7.17% down ($0.374) with strong selling pressure and only a less than 20% chance of sustained recovery; likely to remain below $5.21 with downside risk toward $4.68.

Stablecoin launch anticipation drives volatility and liquidity changes

Anticipation is building around the upcoming launch of the USD1 stablecoin on the Aptos network, which is expected to drive greater demand and utility for APT. Recent token unlocks, including a $29 million release on September 11, have injected volatility into trading, while new USDT support on the Kraken exchange has improved liquidity and accessibility for APT holders. The asset remains influenced by the broader crypto market environment, with key technical levels in focus ahead of potential new product launches.

Intraday selling pressure diverges from mixed oscillator signals

Momentum is mixed on the daily chart. The MACD is positive and signals some buying, while the strong ADX suggests sellers are dominant. Both Stoch RSI and CCI show possible oversold conditions on lower time frames, while the daily RSI remains elevated, showing no clear relief from selling. BBP is neutral, suggesting neither buyers nor sellers have full control of intraday momentum. The daily change of $0.374, or 7.17% down, marks a decisive move lower after a flat open, with the price now near the session’s low in a wide, volatile range. Intraday dynamics reflect strong selling pressure right after the open and do not fully align with some oscillator-based signals, highlighting a notable divergence.

Downside bias prevails as indicators limit upside recovery potential

Looking ahead, the expected range for the next five trading days is between $5.071 and $5.207. Among the weekly indicators, only the RSI signals a possible upward move, while MACD and MA-50 are bearish and ADX is neutral, resulting in a very low probability (less than 20%) for a sustained price recovery. The downmove remains more likely. The baseline scenario points to APT holding in a sideways range just below $5.08 – $5.21, while a bullish move would require breaking above MA-50 and $5.21 resistance, and a bearish break below Ichimoku and MA-20 support could quickly send the price toward $4.68 or lower.

Anton Kharitonov, expert at Traders Union, sees Aptos (APT) facing strong technical hurdles as mixed momentum and recent heavy selling pressure counter potential catalysts like the upcoming stablecoin launch. Kharitonov notes that the asset’s failure to decisively break above the $5.21 resistance, coupled with bearish MACD and MA-50 signals, keeps the recovery outlook weak, even as improved liquidity and new listings provide some support. He believes risk remains skewed to the downside unless buyers reclaim key levels, staying defensive in light of volatile session lows and persistent selling. "Base case remains a sideways or bearish range below $5.08 — $5.21; until these levels break, I see little reason to expect a sustained rebound for APT."

Previously, it was noted that Aptos announced a partnership to integrate the USD1 stablecoin, supporting DeFi applications and attracting new developers. Last time we reported that market momentum increased as traders anticipated the upcoming launches of the Decibel DEX and the decentralized storage system Shelby.

Source of Data: APT Price Analysis by TU

The analysis is based on a proprietary model combining technical, on-chain, and expert data. Not investment advice. See methodology

The information is based on forecasts and does not constitute investment advice or a guarantee of future results. Market conditions may change. See our Disclaimer and Editorial Integrity for details.