WikiBit 2026-02-03 11:13Joerg Hiller Feb 02, 2026 15:14 Aptos (APT) trades at $1.28 after finding support near $1.20. Technical analysis
Aptos (APT) has been consolidating near critical support levels, currently trading at $1.28 after touching an intraday low of $1.20. With the token showing signs of stabilization near its lower Bollinger Band, technical indicators suggest a potential recovery phase may be emerging for this Layer-1 blockchain token.
APT Price Prediction Summary
• Short-term target (1 week): $1.34-$1.42
• Medium-term forecast (1 month): $1.50-$1.67 range
• Bullish breakout level: $1.57 (SMA 20)
• Critical support: $1.17-$1.22
What Crypto Analysts Are Saying About Aptos
While specific analyst predictions from the past week are limited, historical forecasts from late January provide context for current price action. Tony Kim previously targeted “$2.00-$2.10 short-term and $2.10-$2.43 medium-term” when APT was trading at $1.58, though current market conditions have shifted significantly since that analysis.
Timothy Morano‘s earlier forecast of “$2.00-$2.10 range” for the short term now appears optimistic given APT’s current position below key moving averages. According to on-chain data platforms, Aptos has been facing selling pressure as it trades well below its major moving averages, with the SMA 200 at $3.26 highlighting the significant distance from previous highs.
APT Technical Analysis Breakdown
The current technical picture for Aptos presents a mixed but potentially constructive setup. APT‘s RSI of 31.24 sits in neutral territory, suggesting the token isn’t oversold despite recent weakness. This positioning often indicates consolidation rather than capitulation.
The MACD histogram at 0.0000 shows bearish momentum has stalled, though the indicator hasnt yet turned bullish. This stagnation could signal an impending directional move, particularly as APT approaches key technical levels.
Aptos position within the Bollinger Bands is particularly noteworthy. With a %B position of 0.0969, APT is trading very close to the lower band at $1.21, while the upper band sits at $1.94. This compression near the lower band often precedes either a breakdown or a relief rally back toward the middle band at $1.57.
The daily ATR of $0.11 indicates moderate volatility, providing sufficient room for meaningful price movements while maintaining relative stability for position management.
Aptos Price Targets: Bull vs Bear CaseBullish Scenario
In a bullish scenario, APT price prediction models suggest an initial move toward the immediate resistance at $1.31, followed by a test of the stronger resistance at $1.34. Breaking above $1.34 would likely trigger momentum toward the SMA 7 at $1.42.
The most significant bullish target lies at the SMA 20 level of $1.57, which aligns with the Bollinger Band middle line. A successful reclaim of this level would represent a 23% gain from current prices and could establish a foundation for further recovery toward the $1.67-$1.94 range.
For this Aptos forecast to materialize, APT would need to see increased buying volume and a break above the $1.31 resistance with conviction. The RSI moving above 40 would provide additional confirmation of bullish momentum.
Bearish Scenario
The bearish case for APT centers around a failure to hold the current support cluster between $1.22-$1.25. A breakdown below the pivot point at $1.25 could trigger selling toward the immediate support at $1.22, with the strong support at $1.17 serving as the next major level.
A move below $1.17 would be particularly concerning, as it would place APT in uncharted territory below the lower Bollinger Band and could trigger accelerated selling. In this scenario, psychological support levels around $1.00 might come into play.
The MACD remaining in negative territory and any decline in the already-low RSI would support this bearish thesis.
Should You Buy APT? Entry Strategy
For those considering APT positions, the current price action offers several potential entry strategies. Conservative buyers might wait for a clear break above $1.31 with volume confirmation before establishing positions, targeting the $1.42-$1.57 range.
More aggressive traders could consider accumulating near current levels with a tight stop-loss below $1.20. This approach captures potential upside while limiting downside risk to approximately 6-7%.
A dollar-cost averaging approach between $1.25-$1.30 could also be effective, allowing investors to build positions while managing volatility risk. Any purchases should include stop-losses below $1.17 to protect against significant downside moves.
Position sizing should remain conservative given APTs distance from major moving averages and the broader uncertainty in crypto markets.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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