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Cryptocurrencies to watch this week: Optimism, Bitcoin, SUI

CRIPTOCURRENCI prices mixed last week as concern about tariffs, interest rates and 1.4 billion group $ 1.4 billion in Bibit.

Bitcoin (Btc) The price remained below $ 100,000, while Etherum (El) Crashed below the stamp for $ 3,000. The index of crypto fear and greed has moved to a neutral point, while the Bitcoin Domination was at 60%. This article explores Why Bitcoin, Optimism (Wash) and sui (Sui) this week will be the center of attention this week.

Bitcoin

Price bitcoin
BTC Chart | Source: Cripto.news

Bitcoin, the largest cryptocurrency, this week will be the center of attention this week, because techniques will soon point to an eventual interruption or breakdown. The daily ticket above shows that she still formed a symmetrical triangle in the last few weeks.

The two lines of this triangle pattern are approaching the level of evidence. It is a sign that big moves will be made soon, potentially this week, because it is the last of the month.

Key support and viewing resistance levels are 88,960 and 109,100 USD. Pause below the support level at $ 88,960, her lowest level in January, will not meet more, potentially at $ 73,350, the highest point in March last year.

On the other hand, a powerful move above $ 109.080 will indicate further gain at $ 110,000, followed by $ 122,000.

Optimism

Optimism price
Op token chart | Source: Cripto.news

Optimism, one of the largest layer projects in the Krupti industry, will be in focus this week while it performs a large token unlock. Will release the tokens worth over $ 38 million on Wednesday. These tokens will be equivalent to 2% of the float or number of tokens that are actively traded in the market. It is observed, but not an irresistible increase in circulation.

They will be at the top of the daily unlocking token of 257,000 municipal tokens worth over $ 303,000.

These token unlocks come at a time when the price OP is seated at a key level. He traded on Sunday 1,077 dollars, the lowest swing in August last year. Optimism also formed a bear pattern, pointing to more missing in the coming weeks. This drop will push it to the next key point at $ 0.791, the lowest level 3. February.

The token optimism created an optimism foundation, Nonofit founded Jinglan Wang, Karl Fless and Ben Jones. Runified in May 2022. year, municipality of municipalities and incentives within optimism collective, a system designed to finance public initiatives and decentralization initiatives.

Sui

Sui price
Sui Token Chart | Source: Cripto.news

Sui, one of the tops Layer-1 The networks will also be in the center of attention, because it unlocks tokens worth $ 111 million, which is equivalent to 1.07% of the total floating. 39% of all its tokens is now unlocked, and the final unlock is expected to happen in 2069. years.

SUI token fell 38% of its highest level in January. Moved below 50-day average movements, a sign that bears control.

However, it also formed a drop of wedge, a very popular working sign. He also formed a small double-bottomed sample, pointing to a powerful jump in the coming weeks. The fall below support to 2.91 USD will not undo Bikovsko vision.

The SUI LAIER-1 network created by Misten Labs, Blocchain Infrastructure Company was founded in 19921. Years of Meta Engineers who worked on Diem Blocchain and moved programming program.

Misten Labs Guided by General Manager Evan Cheng, CTO I’m Blackshear and co-founder George Danezis, Avery Ching and Costas Chalkias.

Suisom’s domestic cryptocurrency authorization online facilitating gas fees, commitment to security, management participation and definitely.

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2025-02-23 19:21:00

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