Aptos (APT) Is in 23% Recovery Following General Cryptocurrency Market Recovery

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$APT has dangerously high exposure to FTX, which might become a problem for investors

has gained over 20% to its value in the last 24 hours. However, the nosedive to post the listing low is worrying investors.

On the day that FTX announced its insolvency, Aptos lost 36% of its value in the matter of a day. Considering its volatility, such performance should not be surprising, considering the state of the market on that day. Nonetheless, the behavior of whales after the fact has shown that there is some support behind the token even on the darkest days.On Nov.

Following a 20% recovery, APT reached the short-term resistance level reflected in the 21EMA indicator on the four-hour timeframe. The indicator acts as a guideline for a short-term trend on the chart and will most likely become the basis on which

 

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