Cryptocurrencies Price Prediction: Bitcoin, Arbitrum & SUI — Asian Wrap 30 June
|Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC teases all-time high, ETH and XRP gear up for breakout
Bitcoin price rose sharply by 7.32% last week, closing above $108,000. At the time of writing on Monday, it hovers at around $108,500. If BTC continues its ongoing rally, it could extend toward the May 22 all-time high at $111,980. A successful close above this level could extend additional gains to set a new all-time high at $120,000.
Top Crypto Gainers Today: ARB, PYTH lead market recovery with double-digit gains, IMX tracks higher
Arbitrum eases slightly by 1% at press time on Monday, following the 18% surge the previous day. ARB challenges the $0.35 supply zone, holding its 37% recovery from last week. A close above the supply zone marked in yellow on the daily chart below could propel the uptrend towards the 200-day Exponential Moving Average (EMA) at $0.45.
SUI gains over 4% amid upcoming $119 million unlock
SUI is up 4% on Friday as the Layer-1 blockchain prepares to add $119 million worth of its token into circulation, contributing a major share of the unlocks for next week. Other tokens set to increase their supply include Optimism (OP), Kamino Finance (KMNO), and Artificial Superintelligence (FET), with allocations of $16 million, $12 million, and $2 million, respectively.
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