Reputed Crypto Analyst Expects Aptos to Hit $5 Soon Before New Bull Targets Above $7 Can Be Hit
- Reputed crypto analyst expects Aptos to hit $5 soon.
- After which, new bull targets can be hit by the price of APT.
- Aptos is one of many legacy altcoins showing strong pump signals.
The crypto bull market is slowly shifting to the altcoin bull phase state, this move is clear from many bullish altcoin market pump indicators starting from Bitcoin Dominance in a steady downtrend state, and altcoin whale accumulations being more active than ever. Amidst all these bullish signals, one reputed crypto analyst expects Aptos to hit $5 soon before new bull targets above $7 can be hit.
Reputed Crypto Analyst Expects Aptos to Hit $5 Soon
As we near Q4 of the year, expectations for the altseason peak phase to finally begin gains momentum. So far, a series of bullish altcoin market pump indicators have flooded the crypto space. These indicators include the fact that Bitcoin Dominance has been in a downtrend for about 12 weeks and that ETH whales and most other popular altcoins whales are heavily accumulating their most promising and potent altcoin assets.
However, what could be pointed out as the most bullish sign for altseason peak phase’s arrival is the fact that the pioneer altcoin, Ethereum (ETH), has finally set its latest ATH target, marking its first ATH record for the ongoing bull cycle. Above all else, this is the most bullish indicator. Presently, the price of ETH is still trading at lower prices, and analysts hope to see the asset reenter its price discovery phase soon.
Presently, the price of ETH is trading in a slow sideways movement between the $4,000 and $4,600 price range. Analysts think that ETH is working hard towards a breakout after a mass consolidation from breaking past the $4,000 price range. Thus, the price of ETH is expected to reclaim its previous ATH prices and enter its price discovery phase once again, perhaps pushing past the $5,000 price target soon.
APT Price Can Go Up To Hit Bullish Price of $7 and Above This Altseason
Following Ethereum’s bullish trend and expectations are several other popular altcoins, all of which are printing their own bullish signals across their respective price charts. At the moment, most legacy altcoins are working their way towards reclaiming their previous ATH targets, and one such altcoin is Aptos (APT). Analysts believe the price of APT will pump to higher highs soon.
As we can see from the post above, this reputed crypto analyst calls APT a criminally undervalued asset and cannot believe that it is still trading below $5. According to CoinMarketCap analytics, the price of APT is currently trading at $4.66. The analyst goes on to say that after 220 days of accumulation, the APT price breakout will be massive. In the chart shared, he believes APT will pump to $7 and above soon.
