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Cryptocurrency ecosystem closely watches token unlock events. According to the Token Unlocks data analysis platform, tokens worth $382.91 million will be unlocked in the coming seven days. Tomorrow, we examine the unlock event for SingularityNET’s (AGIX), a popular artificial intelligence altcoin project.
Final Hours for AGIX
According to data provided by the Token Unlocks platform, which shares token unlock events with its users, token unlocks valued at $382.91 million will occur next week, including the notable unlock event for SingularityNET’s (AGIX).
The event, taking place tomorrow (March 28) at 04:00, will release an amount of tokens equivalent to 0.69% of AGIX’s total supply, with a market value of $11.75 million. With just hours left for the event, investors are eagerly following the process, and at the time of writing, AGIX tokens were trading at $1.34. The AGIX token unlock event is a process that investors should closely monitor.
AGIX Chart Analysis
The two-hour AGIX chart analysis shows a rising channel formation. Within this formation, only two instances of a bull trap are noteworthy. The recent decline has seen the EMA 200 (red line) act as support, helping AGIX price to gain momentum.
The most important support levels to watch on the two-hour AGIX chart are; $1.31, $1.25, and $1.17, respectively. A two-hour bar close below the $1.25 level, which intersects with the EMA 9 (blue line), could lead to a loss in AGIX value.
The most important resistance levels to follow on the two-hour AGIX chart are; $1.34, $1.39, and $1.46, respectively. A two-hour bar close above the $1.39 level, which has been a significant barrier in the recent upward momentum, could help AGIX price to gain further momentum.
