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Reading: Altcoin accumulation increases as Cardano targets $1.24 and Aptos targets $5.50
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Investor's Crypto Daily > Blog > Headlines > Cryptocurrency News > Altcoin accumulation increases as Cardano targets $1.24 and Aptos targets $5.50
Cryptocurrency News

Altcoin accumulation increases as Cardano targets $1.24 and Aptos targets $5.50

Last updated: September 11, 2025 4:16 am
By Shelly Davidson 4 Min Read
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  • Aptos holds a $3.50-$4.00 basis; a $5.50 breakout can open $7.00 and $10.00

  • Sonic defends $0.25 to $0.28; reclaiming $0.35 to $0.40 sets path towards $0.60

  • Cardano targets $1.24 from $0.74-$0.83 support; trend extension to 2026

Analyst Michael van de Poppe says that the debate over whether or not the bull market is officially underway is far from settled. Many altcoins are still in the early stages.

Contents
Aptos (APT), Targets $5.50 for First Breakout LevelSonic (S), a strong base around $0.25-$0.28Cardano Recovery Targets $1.24 Breakout

He points out that the majority of major projects have been in a downtrend for nearly three years, creating the conditions for long-term accumulation. His latest outlook highlights Aptos, Sonic (S), Cardano (ADA), and other tokens that are showing positive signals. These signals could be precursors to a trend reversal.

Aptos (APT), Targets $5.50 for First Breakout Level

Aptos is consolidating in a key support zone between $3.50 and $4.00, where historically demand has re-emerged. The token is currently trading at $4.46. It has gained 2.01% over the last 24 hour period and a weekly gain 2.41%. Trading volume reached $458 million. This shows that the market is still active despite the extended correction.

Van de Poppe identifies the $5.50 level as the first major breakout trigger. A move above this threshold could open the door to rallies towards $7.00 and $10.00 in subsequent phases. A decisive break under $3.50 would expose APT once again to downside pressure.

Request 01 – $APT

I am stunned that people are claiming that the bull market has almost ended.

It hasn’t even begun.

Most #Altcoins have been downtrending for 1.5-3 years.$APT is one of them, a massively strong accumulation here with the support levels & about to… pic.twitter.com/pl3n9TSbeL

— Michael van de Poppe (@CryptoMichNL) September 10, 2025

Related Weekly token unlocks: ARB APT SEI prices rally despite $120 million in new supply


Sonic (S), a strong base around $0.25-$0.28

Sonic is currently trading at $0.2979 after a test for liquidity below its lows from June. The token has fallen 2.5% over the past day, and 4.5% this week. Daily volume is $138 million with a market capitalization of $1.1 billion.

Technical structure suggests that $0.25 to $0.28 is a solid accumulation base. Resistance is $0.35-$0.40 and could be the next breakout path. If Sonic breaks through that zone, the upside targets stretch to $0.60. Van de Poppe said that Sonic was still in its accumulation stage, which historically precedes sharp rallies as sentiment changes.

Request 2 – $S

I think the $S ecosystem deserves to be watched.

As you can see the upside is still spectacular and it’s currently at a strong support.

Breaking through the MA indicates that there is a lot of upside as it hasn’t seen a trend up yet. pic.twitter.com/56AzdAZ1qc

— Michael van de Poppe (@CryptoMichNL) September 10, 2025

Cardano Recovery Targets $1.24 Breakout

Cardano is also reclaiming its higher levels after a long fall. ADA, currently priced at $0.8804 is up 1.93% over the last 24 hour and 4.74% in this week. The daily trading volume is $1.52 billion. This supports the growing strength of accumulation zones.

Van de Poppe identifies $0.74-$0.83 in the range as a critical support zone, while resistance is building near $0.98. A confirmed breakout could propel ADA towards $1.24. This is his next major technical goal. If the network maintains strength above this level, it could signal the beginning of a continuation phase that will last until 2026.

This site is for entertainment only. Click here to read more

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