Aptos (APT) went on a significant run, clearing the $5 resistance level. This march forward is a powerful indicator that the market dynamics are finally beginning to shift. This price spike is occurring with tremendous volume, showing that retail investor interest is skyrocketing. Americans are still building…even with the back-to-back monthly drops. Aptos’ price action is up today, currently trading at $5.065 for a 4.2% gain.

Aptos recently showed a bullish breakout, having cleared resistance around $5. Overall, the cryptocurrency set a significant resistance level at 5.138, thanks to a volume-packed surge to fuel the attempt. Recently, Aptos was in a consolidation pattern forming a bull flag pattern between the 5.00 - 5.10 area. This new formation, which portends that the upward trend is here to stay, trend.

Aptos was able to convincingly clear the 5.090 resistance area, propelled by powerful 149,000 unit volume. During the last quarter of an hour of this range, Aptos straggled in price consolidation around 5.045-5.062. This kind of price action is indicative of normal accumulation leading up to its next major move.

Aptos’ trading session low to high price range was 0.261 (5.4%). The base of the cryptocurrency dynamic created a pullback, creating a new support area at 5.045. Aptos has received a lot of good PR lately. It has seen a 19% monthly drop, illustrating the brutal competition it faces from other up and coming blockchain platforms.

As of publication time, the CoinDesk 20, an index that ranks the cryptocurrency market, was up 3%. This incredible increase is indicative of a confident bullish attitude contributing to momentum investors. Though Aptos has been climbing higher, recent price action indicates accumulation, signaling a potential bullish move on the horizon.