Top cryptocurrencies to watch this week: Mantra, Optimism, Swee

Some of the top cryptocurrencies to watch this week will be Mantra, SUI, and Optimism.

Why? The cryptocurrency market witnessed a spell (Oh) reaches a new record on Sunday, while optimism (Ref) plans to open $53 million token. Sui (but), currently on a downward trajectory, is set to open $138 million in tokens this week.

Read on for a more detailed look at the techniques and what each code’s path is.

mascot: The industry’s top crypto project Real World Asset (RWA) token has jumped to a record high of $5.08. This recovery has been with us lately OM price prediction.

The mantra rose because of the last call before BlackRock CEO to regulators to approve stock symbol And bonds. It also reached a deal to feature DAMAC real estate projects in Dubai.

The Daily Chart reveals that Mantra price has formed a bullish flag chart pattern, which is a popular continuation sign. This pattern includes a long vertical line and a rectangular pattern, which is then followed by a bullish breakout.

The length of the mantra flag pole is at least 156%. As such, measuring the same distance from $4.53 means that the coin is expected to rise to $11 in the long term.

optimism: The third largest Layer 2 The network is preparing to unlock tokens worth more than $53 million, or 1.48% of the float. It now has over 1.35 billion tokens in circulation against a total supply of 4.29 billion.

The opening optimism comes as the token has been under pressure in the past few months. It fell to a low of $1.6295, down 40.7% from its November highs.

Optimism is hovering at the key support at $1.6076, as it has failed to move below since December 20. It has also formed a symmetrical triangle pattern. Therefore, a break below this level would likely indicate a downside, perhaps to $1.30, its swing low in November of last year.

but: Like Optimism, SUI will also have a big opening of $138 million or 1.1% of denominations on Thursday. Only 37% of all SUI icons were to openwith the final expected to occur in 2069.

Sui’s token open comes when it is in a technical bear market after falling 22% from this year’s high. It has moved below the lower side of the ascending channel.

The currency moved below the 50-day moving average, while the RSI and MACD continued to decline. Therefore, the coin is likely to continue falling, with the next point to watch being $2.9415, its lowest point on November 26.

Other top coins to watch this week will be PI Network, Ethereum, and Dydx.

The Verify Network deadline will end on January 31. Controversy with the Ethereum Foundation.

DYDX will unlock tokens worth $9.6 million on Wednesday.