The recent tensions between Russia and the US, despite the Alaska summit, have raised concerns about potential negative impacts on the cryptocurrency markets. Observers anticipate that these geopolitical tensions might lead to unexpected drops. However, market participants remain optimistic about further price increases. What do the current chart analyses reveal about AVAX and APT Coin?
AVAX and Aptos (APT) Insights
Breaking past the $27 mark was pivotal for AVAX. After a long period of stagnation, Avalanche (AVAX) has shown a positive trend, leading to renewed investor optimism. An analyst known as Cryptobullet suggests that a significant AVAX rally could be on the horizon.
In the shared chart, a monthly upward trend is noted, supported by the RSI breakout and a MACD bullish momentum. Cryptobullet’s optimism centers around the potential epic breakout of a massive Bull Flag.
His target for AVAX is over $100, a price the cryptocurrency has achieved in the past. A successful last quarter could see AVAX rewarding patient investors with returns exceeding 300%.
Michael Poppe, who remains bullish, states Aptos (APT) Coin is on the brink of a breakout. The Token 2049 event this week could bring significant announcements, potentially impacting the charts.
The Crypto Sage’s Latest Prediction
An anticipated announcement came from Donald Trump Jr., noting WLFI’s stablecoin USD1 is built on APTOS, marking it as major news. Technical analysis suggests a critical juncture is at hand, with this announcement potentially triggering the next substantial rise.
Roman Trading’s latest forecast hinted at a new all-time high if BTC stays above $112,000 and breaks past $117,000. He believes, given the data, that BTC could continue towards $124k in the next few days.
Monitoring the news flow is crucial as altcoins see substantial fluctuations tied to significant announcements. CryptoAppsy is a handy tool for keeping track of rapid developments.