Solana, Aptos & Dogecoin– American Wrap 21 February


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Solana price is nearing complete recovery from the downfall that took place back in November 2022. The cryptocurrency is close to breaching the critical resistance that has remained untested for more than three months now.

Aptos (APT) price is set to rocket to the moon with a near 50% gain in its trace as bulls need to start buying into APT. The reason for this comes in the aftermath of the speech by President Putin in Russia that did not hold any specific clues and instead only dealt a pausing of the START treaty as revenge for US President Biden’s visit to Kyiv. Several analysts have pointed to plenty more risks and possible scenarios that have not materialized, which could bring big gains as the probability of tail risks has become significantly smaller. 

APT/USD daily chart

Dogecoin price seems to be continuing its streak of underwhelming recovery as the altcoin is struggling to breach a two-week barrier. Going forward, the altcoin is expected to slide further as the bullish cues do not appear to have any effect on DOGE.

DOGE/USD 1-day chart