Can Aptos Price Hit $20 Amid Soaring Network Activity?

Aptos price looks promising after the asset broke out of an extended consolidation zone. APT price today is 1.1% up, trading at $8.28, while the entire crypto market is down 5% due to Bitcoin price sliding below the $60,000 mark late on October 3. Onchain metrics suggest that APT price is headed for higher highs as derivative traders turn overwhelmingly bullish on the asset. Is $20 the next stop for Aptos?