The Aptos Foundation announced it will host the official Aptos Community Review for AIP-119 within two weeks. AIP-119 proposes gradually reducing Aptos staking rewards from about 7% to 3.79% over three months, aiming to improve capital efficiency and encourage ecosystem innovation. The proposal suggests this phased approach will allow assessment of economic impacts and includes plans to support smaller validators through a delegation program.
Community feedback is sought to balance capital efficiency with network decentralization. Following the review, a mainnet governance vote is expected to finalize the proposal’s adoption in the fifth week. Given the upcoming updates, let’s take a look at the latest Aptos price analysis to figure out what’s next for the coin in the coming day or two.
ICYMI: A new community-driven AIP has been proposed to adjust the Aptos staking rewards rate from 6.8% → 3.79% over 3 months
— Aptos (@Aptos) April 20, 2025
A novel proposal from @moon_shiesty, advocating for strategies to nurture a healthy ecosystem.
🗒️ Complete details: https://t.co/eTPsmbhcRw https://t.co/FJYclmJIgS
Aptos Price Analysis of the Last 24 Hours: Aptos Gains Steadily
Aptos began trading yesterday at a price of $4.920. Continuing in the trading range from the previous day’s consolidation, Aptos rose but found immediate rejection at $4.939. As the buying pressure fizzled out and settled around the midline on the RSI, an extended trading range followed. In the early hours of yesterday, the price action was almost benign, with Aptos displaying strong stability around the $4.91 mark. The much-anticipated breakout came at 5:50 UTC, as the Aptos price veered downward to $4.882. Correction occurred, but Aptos eventually fell to $4.865, marking its 24-H low.
Chart 1: Published on TradingView, April 21, 2025
The RSI was almost overbought at this point. Positive price action followed in the morning, with APT token price slowly ascending to reach $4.89 by 10:55 UTC. The golden cross widened around the same time, and Aptos ascended rapidly despite the overbought conditions. Within the next two hours, Aptos had climbed to $4.996. However, at 12:50, the rather due correction arrived and the APT price fell to $4.916. But, a golden cross soon formed again, and Aptos grew to $5.016, breaking the $5 psychological barrier.
A slight correction followed, after which Aptos continued the bullish run, spiking up to find resistance at $5.069. Another trading range followed, lasting until 23:00 UTC as the APT token continued to test the resistance at $5.079. At 23:50, the upward breakout occurred, and Aptos climbed to $5.169, thanks to the late golden cross yesterday.
APT Price Action Today
Much like yesterday, Aptos inaugurated the proceedings with a trading range, as it alternated between the $5.178 resistance and $5.108 support. Aptos went on to test the resistance multiple times since midnight, failing on three occasions, the latest at 06:50 UTC today. However, with a slight correction, Aptos was able to spike across the resistance level thanks to the strong buying pressure. This spike took the price to $5.239, marking the highest price Aptos has achieved since April 3. However, the overbought RSI led to a reversal, and as of now, Aptos has stabilized at $5.177.
Aptos Price Prediction for April 21: Will the Bullish Aptos Trend Continue?
Aptos had a wonderful showing yesterday, gaining a commendable 8%. It also seems to be following a pattern where it forms trading ranges and breaks out upward successfully each time. Again, when overbought levels loom, it is able to form a range and avoid any downturns. Given that, Aptos makes an interesting case for today. As of now, it is forming a trading range, with the RSI stabilizing around the midline. If the Aptos trend continues, we may very well see an upward breakout in the coming hours. If that does happen, Aptos would look to hover above $5.3.
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