Aptos: Decentralized Trading at 25ms Block Time
Aptos hits 25ms block times for decentralized trading per AveryChing, with APT at $0.63 showing bearish EMA50 resistance at $0.67 on 4h chart.
SourceAnalysis
Aptos processes decentralized trades in 25ms per block on what AveryChing calls a slow day.
Current APT price sits at $0.63. On the 4h chart price tests inside Bollinger bands with lower support at $0.62 while EMA50 resistance at $0.67 and EMA200 at $0.79 cap any recovery. MACD death cross at -0.01 keeps the structure bearish and RSI at 33.68 offers neutral momentum, pointing to limited upside in near-term APT price prediction before potential retest of upper band resistance at $0.71.
avery.apt
@AveryChingCo-founder & CEO @ Aptos building a layer 1 for everyone - http://aptoslabs.com. Ex-Meta/Novi crypto platforms tech lead. Ex-Diem blockchain tech lead.