The cryptocurrency market is buzzing with anticipation as investors search for the next promising altcoins. Stellar (XLM) and Aptos (APT) have emerged as potential contenders, catching attention with their recent performance. Signs suggest these coins might be gearing up for significant moves. Exploring their recent developments could reveal if they are set to lead the upcoming rally.
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Stellar (XLM) is trading between $0.09 and $0.10, with the nearest resistance at $0.10. The Relative Strength Index is 52.71, and the stochastic is 53.93, both hinting at slight bullish momentum. The MACD level is positive at 0.0003803, suggesting potential upward movement.
If XLM breaks above the $0.10 resistance, it could reach the next level at $0.11, which would be a 10% gain. Over the past week, the price has increased by 1.08%, showing growing interest. With both the 10-day and 100-day simple moving averages at $0.10, a decisive move could pave the way for further growth. Traders are watching closely for a breakout soon.
Aptos (APT) is currently trading between $9.50 and $10.60, and despite a slight 1.46% dip over the past week, it has surged nearly 20% in the last month. This upward trend suggests that bulls are gaining momentum. The immediate target is the resistance level at $11.21; breaking through it could see APT reaching $12.31, which would be an increase of about 20% from current prices. The Relative Strength Index is at 34.29, indicating the coin is not overbought and has room to grow. With the altcoin market showing signs of a bull run, Aptos may be poised for further gains.
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