The cryptocurrency ecosystem closely monitors data on token unlock events. According to the token unlock data analysis platform Token Unlocks, tokens worth $382.91 million will be unlocked in the next seven days. Tomorrow, we examine the unlock event for SingularityNET’s popular artificial intelligence altcoin project, (AGIX).
Final Hours for AGIX
According to data provided by the Token Unlocks platform, which shares token unlock events with its users, $382.91 million worth of token unlocks will occur next week, including the noteworthy unlock event for SingularityNET’s (AGIX).
The event, taking place tomorrow (March 28) at 04:00, will unlock an amount of tokens equivalent to 0.69% of AGIX’s total supply, valued at $11.75 million. With just hours remaining, investors are keenly following the process, and at the time of writing, the AGIX token was 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 structure. This formation has notably only been subject to a bull trap twice. The recent decline has seen the EMA 200 (red line) level act as support, helping AGIX price gain momentum.
The most important support levels to watch on the two-hour AGIX chart are, in order; $1.31, $1.25, and $1.17. A two-hour bar close below the $1.25 level, which intersects with the EMA 9 (blue line), could lead to a depreciation in AGIX price.
The most important resistance levels to follow on the two-hour AGIX chart are, in order; $1.34, $1.39, and $1.46. 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 gain further momentum.
