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📅 July 3, 7:00 – July 9,
APT
Aptos (APT) fell sharply from $15.70 on March 16, but the bears were unable to push the price below the 20-day EMA, which could signal buying at lower levels. A rising 20-day EMA and RSI in the positive zone may indicate that the bulls have the advantage. If buyers keep the price above $15.70, the APT/USDT pair could signal the start of the next leg of the uptrend. The pair could rise to $16.75 and then to $18.69. According to experts, if the price turns down and breaks below the 20-day EMA, it could mean that all relief rallies have been sold. This could signal the beginning of a corrective phase that could reach the 50-day SMA. The moving averages on the 4-hour chart have turned sideways and the RSI is located just above the midpoint and could signal a possible range-bound action in the short term. The pair could hover between $15.81 and $12 for a while. A close above the range may indicate that the bulls are exhausting the supply. This could start the next leg of the upward movement. Contrary to the assumption, if the price turns down and drops below $12.92, the pair could start a correction towards $12 and then $11.50
RNDR
Render (RNDR) corrected to the 20-day EMA, but the bulls successfully defended the support. In this case, it shows that sentiment remains positive and investors are buying on dips. The bulls pushed the price above the $12.78 resistance on March 17 and could signal the start of the next leg of the uptrend. If buyers hold the price above $12.78, the RNDR/USDT pair could jump to $16.81. The first sign of weakness in the cryptocurrency could be a drop below the solid support at $12. A break and close below the 20-day EMA could accelerate the sell-off and push the pair down to the 50-day SMA
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