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Aptos' APT Gains 6% With High-Volume Buying Amidst Wider Crypto Market Bounce

The token has potentially found strong support between the $3.87-$3.89 zone with high-volume buying validation.

Jun 23, 2025, 7:23 p.m.
Aptos gains 6%.
Aptos' APT gains 6% amidst bounce in the wider crypto market

What to know:

  • APT gained 6% on strong momentum.
  • The token has established new support around the $3.87-$3.89 zone

Aptos' token started to bounce back with the wider crypto market, establishing a strong uptrend from $3.84 to $4.08, representing an 8.85% range, according to CoinDesk Research's technical analysis model.

Read more: BTC Bounces Back Above $102K After Iranian Strikes on U.S. Bases in the Gulf

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The model showed that a clear support zone for APT formed around $3.87-$3.89, validated by high-volume buying.

In recent trading, APT was 6.6% higher over 24 hours at around $4.096. The broader market gauge, the CoinDesk 20, was up 5.3% at publication time.

Technical Analysis:

  • Potentially strong support established at the $3.87-$3.89 zone with high-volume buying validation.
  • Possible ascending channel formation with progressively higher lows at $4.012, $4.025, and $4.035.
  • The resistance level was identified at $4.08-$4.10, and multiple tests suggested continued bullish pressure.
  • Consolidation between $4.070-$4.090 indicates potential accumulation before next resistance test.

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Bitcoin (TheDigitalArtist/Pixabay, modified by CoinDesk)

Crypto lender packages more than 5,400 bitcoin collateralized loans into first asset backed securities transaction of its kind.

What to know:

  • Ledn sold $188m of bonds backed by 5,400 bitcoin collateralized consumer loans, with an investment grade tranche priced at +335 basis points.
  • Automated liquidation of bitcoin collateral helped shield asset backed security investors even as the token fell.