Aptos Slips Below $0.80 As Momentum And Vesting Ease

Aptos ($APT) slipped below $0.80 following its recent rally, with weakening daily momentum and a bearish weekly trend putting the $0.76–$0.78 support area in focus after its investor vesting cycle concluded, according to CryptoNews.

TradingView’s Binance APT/USDT daily chart showed Aptos trading at $0.7951 on Oct. 14, down from a daily opening price of $0.8368. The token recorded a 4.99% daily decline after reaching an intraday high of $0.8496 and falling to a low of $0.7867. The weekly chart showed a retreat of 11.77% from its weekly opening price of $0.9012, with a range extending from $0.7613 to $0.9155.

Technical Indicators Show Weakening Momentum

The daily MACD recorded a bearish crossover with the moving average convergence divergence line at 0.0303, sitting below its signal line at 0.0369 for a negative histogram reading of −0.0066. Additionally, the daily Chaikin Money Flow reading fell to −0.03, moving below its zero line. The weekly Supertrend remained bearish at $0.9652, positioned above the token's current trading price.

Scheduled monthly token releases fell to approximately 4.54 million APT after initial investor and core contributor vesting ended. Staking provider Everstake placed the final release for those two groups on Sept. 12, with the vesting period formally ending on Oct. 12. Their combined monthly allocation previously accounted for about 6.77 million APT, bringing prior monthly releases down from approximately 11.31 million APT.

Key facts

• Aptos traded near $0.795 on Oct. 14, marking a 4.99% daily decline.
• The weekly Supertrend remained red at $0.9652, above the token price.
• Scheduled monthly releases dropped to about 4.54 million APT after vesting ended.
• The daily Chaikin Money Flow fell to −0.03 below the zero line.