Aptos (APT) Breaks $5 Barrier, Sets Sights on $7 Resistance

Aptos' breakout from a descending wedge pattern signals potential bullish price action. Furthermore, an ETF structure is boosting APT's appeal for institutional crypto investors.

Aptos (APT) has surpassed a key resistance level, igniting bullish sentiment within the cryptocurrency market. According to analysis shared by World Of Charts on TradingView, APT has successfully broken out of a descending wedge pattern on the 12-hour Binance chart.

The token had been establishing lower highs and lower lows for several weeks before decisively pushing past the $5.00 resistance. This area had previously rejected price advances multiple times, making this breakout a significant technical development.

At the time of the analysis, APT was trading at $5.03, representing a 3.18% increase within 12 hours. Traders anticipate a retest of the breakout zone near $5.00 to solidify it as a new support level. If this is confirmed, the level could serve as a springboard towards the $6.00–$7.00 target range.

Current Price Action and Market Support

Currently, Aptos is trading at $5.17, reflecting a 5.53% gain over the last 24 hours. Market observers have noted that the $5.00 level is now acting as support, after previously hindering upward movement. The immediate support zone lies between $4.85 and $4.90, which has successfully held during previous price dips.

Source: Coinmarketcap

Trading volume has surged to $364 million, reinforcing the momentum driving the current rally. Analysts suggest that maintaining a position above $5.00 could confirm a trend reversal. CoinCryptoNewz’s recent analysis indicated that such a move would strengthen the technical outlook and attract additional interest from traders seeking short-term profits. The price remains favorably positioned above key support levels, with bullish pressure intensifying.

ETF Structure Adds Institutional Appeal

Aptos is gaining momentum due to advancements in financial accessibility. Bitwise has amended its proposed Aptos ETF to allow for in-kind redemptions. This modification enables investors to exchange ETF shares directly for APT tokens, a strategy intended to enhance tax efficiency and liquidity.

Bitwise amended the S-1 for Dogecoin ETF. Source: SEC

Solomon Tesfaye, head of capital markets at Aptos Labs, described ETF access as a transformative step. He highlighted benefits such as increased capital flow, improved market participation, and regulatory alignment.

As ETF filings for altcoins like Dogecoin and Aptos continue to increase in 2025, this trend positions APT as a potential conduit between traditional finance and decentralized assets.

With an improving price structure, increased trading volume, and growing institutional involvement through ETF strategies, Aptos may be entering a new phase of growth. Market participants will be closely monitoring whether the token can sustain its momentum and challenge the next resistance levels within the $6.00–$7.00 range.

Disclaimer: This article is intended for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any financial losses incurred. Readers should conduct their own thorough research before making any financial decisions.