Share this article
Aptos drops 5% to $1.50 as volume spikes above monthly average
The token has resistance at the $1.53 and then the $1.64 levels.
Dec 17, 2025, 6:05 p.m.
What to know:
- APT fell from $1.59 to $1.51 over the 24-hour period.
- Volume jumped 23% above the 30-day moving average, signaling institutional participation.
dropped 5% to $1.50 over the past 24 hours.
The token established lower highs and lower lows within a $0.1429 range, according to CoinDesk Research's technical analysis model.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The model showed that APT spiked to $1.64 on heavy volume before crashing back down. This created strong resistance at that level.
Volume hit 258% above the 24-hour moving average during the rejection. Selling pressure intensified below the $1.56 support zone, according to the model.
The elevated trading activity reached 23% above the 30-day average, the model showed. This indicated genuine institutional interest rather than low-volume technical moves.
The decline in APT came as wider crypto markets also fell, The broader market gauge, the CoinDesk 20 index, was 2.1% lower at publication time.
Technical Analysis:
- Strong resistance established at the $1.64 level following volume spike rejection
- The volume surge to 6.88 million confirmed selling pressure at 258% above the 24-hour SMA
- Sustained volume above 6 million during breakdown phases validated the bearish structure
- Lower highs and lower lows established the bearish structure
- Immediate resistance at $1.53 must be reclaimed for recovery
- A break below $1.515 support targets lower levels while $1.64 remains key upside barrier
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
U.S. bitcoin ETFs see strongest inflows for over a month as BTC dominance hits 60%
Fidelity's FBTC recorded a top five inflow day as the ETFs took in a combined $457 million amid sharp BTC price swings.
What to know:
- U.S. spot bitcoin ETFs recorded $457.3 million in net inflows on Wednesday, the strongest daily intake since Nov. 11.
- Fidelity Wise Origin Bitcoin Fund led with a $391.5 million inflow which is a top five inflow day for FBTC.
- Bitcoin dominance rose to 60%, its highest level in a month.
Top Stories
