Some of the most important cryptocurrencies to see this week are mantra, SUI, and optimism.
why? In the cryptocurrency market, MANTRA (OM) has reached a new record on Sunday, but optimism (OP) is planning to lock a $ 53 million token. The Sui (SUI), which is currently on the bear's trajectory, has been set to unlock a $ 138 million token this week.
Read more in detail the technical and the trajectory of each token.
Mantra: The top crypto project in the real world assets (RWA) tokenization industry has jumped to a record high of $ 5.08. The rebound matched the recent OM price prediction.
MANTRA has recently risen because Blackrock's CEO has recently called for regulatory authorities to approve stocks and bonds token. We have also reached a contract to make DAMAC real estate projects in Dubai.
The daily chart reveals that the price of the mantra has formed a bullish flag chart pattern, which is a popular continuous sign. This pattern is composed of long vertical and rectangular patterns, followed by bullish breakouts.
The height of the mantra flag is at least 156 %. Therefore, the same distance from $ 4.53 is expected to increase the coin to $ 11 in the long term.
Optimism: The third largest Layer-2 network is preparing to unlock more than $ 53 million or 1.48 % of the float. Currently, more than 1,35 billion tokens are distributed to a total of 429 billion supply.
Release optimism occurs when the token has been under pressure in the past few months. It decreased by 40.7 % from the highest level in November, lowering to $ 1.6295.
OK was hovering with major support for $ 1.6076, and could not be moved down after December 20. In addition, a symmetrical triangle pattern is formed. Therefore, a break below that level is the lowest swing last November, and it can potentially $ 1.30.
Sui: As with optimism, SUI will unlock a large float equivalent to $ 138 or 1.1 % on Thursday. Only 37 % of all SUI tokens have been unlocked, and it is expected that the final one will occur in 2069.
SUI's token locks occur when you are in a technical bear market after reducing the highest level of this year by 22 %. I moved below the lower channel.
The coins fall below the 50 -day moving average, and the relative strength index and MACD continue to fall. Therefore, coins are likely to continue to fall, and the next point is that the lowest point is $ 2.9415 on November 26.
The other top coins to be viewed this week are Pi networks, Etherneum, and DYDX.
The deadline for customer verification that Pi Network knows will end on January 31. Ethereum is a spotlight to monitor the controversy with Ethereum Foundation.
DYDX will unlock a token equivalent to $ 9.6 million on Wednesday.
