What to know:
- Aptos (APT) records a strong daily gain amid rising demand.
- Trading volume surges sharply, signaling active participation.
- Price remains inside a broader descending channel structure.
- Indicators suggest improving short-term bullish momentum.
Aptos (APT) surged more than 9% on March 24, 2026, as trading activity increased sharply across the crypto market. The rise in price for APT at $1.03 can be attributed to the increased buying activity in the market following a period of weakness.
Trading volume around the clock touched a high of $238.19 million, an increase of 152.36% according to CoinMarketCap data. Market capitalization was also up, rising to $824.47 million, an increase of 9.02% during the day.
Also Read: Aptos Achieves 10 Million Daily Transactions as Tokenized Assets Expand
Descending Channel Keeps Broader Trend Intact
Despite the recent surge, APT continues to trade within a descending channel on the daily chart. The structure began forming after a sharp breakdown in October and still reflects a broader bearish trend with consistent lower highs and lower lows.
The price has rebounded off the lower edge around the $0.85-$0.95 range, but it has yet to move above the channel’s midpoint around $1.05.
This indicates that the bulls’ run remains constrained. Crypto analyst Globe Of Crypto notes that sustained buying pressure is required to shift the overall trend.
A break above a confirmed resistance level in a downward orientation may pave the way to the $2.30-$2.40 range. However, if the price level remains strong and a breakout does not occur, the price may fall back to a support level.
Momentum Indicators Show Bullish Shift
The technical indicators point towards a potential bullish bias in the market. The relative strength index is at 55.69, while its moving average is at 48.64.
The indicator has crossed the neutral 50 line and is rising, indicating a potential bullish bias in the market. However, it is still not in the overbought zone.
The MACD is in positive territory, and it has just made a crossover from negative to positive, with a MACD line of 0.01438, a signal line of 0.00351, and a histogram of 0.01086.
This shows that there is an increase in bullish momentum in the market, and this is a clear indication that the trend is improving and that buyers are taking control of the market.
Why This Matters
Increasing volumes and a more defined price pulse are suggesting that short-term traders are becoming believers in Aptos once again, even as the overall market maintains a bearish bias.
A break above the resistance level could change the trend, while a failure to break above could result in another fall towards the major support levels.
This article contains market analysis and price predictions. These are not guarantees. Crypto markets are volatile. Always DYOR. Not financial advice.
Also Read: Aptos Token Labeled Digital Commodity by SEC and CFTC in 2026
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