The Napoli Fan Token ($NAP) is showing strong momentum ahead of the Serie A season kickoff, as investors anticipate more upside in the coming days. The token is currently priced at $0.7793, reflecting a 5.26% increase over the past 24 hours and a 14.78% gain in the past week.

With a circulating supply of 4.7 million $NAP, the token’s market cap now stands at $3,705,624, while its 24-hour trading volume is $3,961,421, a 17.90% decline from the previous day, signaling slightly reduced trading activity despite the bullish price action.

$0.80 in Sight as Transfer Saga Fuels Sentiment

Market sentiment remains highly optimistic for $NAP, with many anticipating $0.80 as the next key resistance prior to Matchweek 1. $NAP’s bullish sentiment stems primarily from Napoli’s headline news grabbing signing of Kevin de Bruyne from Manchester City.

De Bruyne’s impact during the preseason has been impressive, scoring 3 goals and giving 1 assist, to the delight of fans and token holders. His signing is seen as a statement of intention from Napoli, revealing the club’s determination to contest for the top prizes this season.

In $NAP’s case, loyal supporters’ fan tokens seem to be activated with a new strong signing and good preseason performance. If the $NAP token remains strong, surpassing $0.80 would allow for even more gains as the season unfolds.

The $NAP market would face short-term corrections at some point, however, given the current setup from this market and the transfer saga, bullish tailwinds are evident for the token, at least to the season’s early kickoff.