The cryptomarkt brakes on the brakes last week when Bitcoin slipped from his record high from $ 111,900 to less than $ 104,000, which led a wider Altcoin sale.
With investors who lock profit and important economic data such as non -farming style on the horizon, all eyes are aimed at what the following is.
This week Pi Coin (PI), unchanging X (IMX) and Zebec Network (ZBCN) are among the top tokens to look while the market is looking for his next catalyst.
Pi -Munt is at risk for more token -disguising
Pi Coin is in the spotlight this week while the network unlocks tokens. Piscan -Data Show that it will unlock 277 million tokens this month, with 67.3 million unlocking this week.
These unlocks are because the currency remains under intense pressure after the PI network companies Launch in May. It crashed to $ 0.6310, the lowest level since 8 May and 62% below the highest point during the month.
Pi-Munt has fallen at $ 0.6593 under the most important support level, the lowest point on 17 May. Moves below that level invalid the pattern with double bottoms that formed, the neckline of which was $ 0.8645.
That is why the path of the least resistance for the PI network price Bearish, where the next target is the low point of $ 0.40.
Unchanging x price brackets for a large unlocking
Unwelfled X, the gaming-oriented layer-2 blockchain network, will be a crypto to view while it performs its monthly token disclosure. It unlocks tokens worth $ 19.2 million, equal to almost 2% of the smoother. Immutable has already unlocked 90% of all its tokens, with the final unlock that is expected to take place in November.
The IMX -token price has come under pressure in recent weeks, to a low point of $ 0,5400, the lowest point since 8 May. It has fallen by 33% from the highest point in May, and the downward trend for the unlocking can remain. More sale can fall to the most important support for $ 0.3458, the lowest point in April.
Zebec Network loses Momentum
Zebec network was one of the breakout coins in May, jumped to a record high of $ 0.007156, an increase of 925% compared to the lowest level in April. The rally accelerated last week when he took over Science Card” A British fintech company with more than 50,000 users.
ZBCN price will be in Focus this week because the momentum loses, possibly if it is in the distribution and markup phase of the Wyckoff theory. It has already been withdrawn by almost 20% from the highest point in May, and apart from each large catalyst, the currency can fall to the psychological point of $ 0.00250.