The encryption market fluctuated during the weekend after most of them suffered a harsh reflection on Friday. Bitcoin remained stuck at 108,000 dollars, while Ethereum is still at $ 2,500, and the maximum market for all cryptocurrencies was 3.39 trillion dollars.
This article is looking at the best 3 encrypted currencies to see this week and the incentives that will lead them. Although many of them will be in the spotlight, the most prominent of them is the CETUS (CET), Aergo (Aergo), and Monero (XMR).
Monero (XMR): Will you repeat the high test at all?
The first encrypted currency to watch this week will be Monero, the largest privacy symbol in the encryption industry.
It will be in the spotlight because it has a great challenge in the past few months as it has separated from the package.
The data indicates that Monero Token has jumped in the past seven weeks in a row and that it does not lose momentum. She jumped by 20 % last week, after jumping less than 5 % in the previous week.
Monero Price also re -testing the important resistance level at $ 400, a strong performance of a metal currency standing at $ 99 last year.
This increase occurred as investors adopted private currencies after the end of Tornado Cash sanctions earlier this year. Analysts now believe that the end of these sanctions will help them get more exchange lists because most of them have installed them for a period of time.
Technically, Monero Price entered the coding stage for Wyckoff theory. This stage comes after one accumulation that has no little work. The high demand is characterized by the supply and then the distribution is followed.
Therefore, the lower -resistant path for XMR is upward, with the next point to see it at $ 515, an increase of 27 % of the current level. The drop in subsidies at $ 350 will nullify the upcoming expectations.
Aergo (Aergo): In focus after the main vote
Aergo’s distinguished code came in the spotlight in April, jumped from $ 0.050 in April to the highest level of $ 0.7158, an increase of 1,355 % that paid the market ceiling to more than $ 150 million. This gathering happened after some popular exchanges such as Coinbase, Upbit, OKX and Bitget.
Aergo will be in the spotlight this week after a recent vote by community members, who chose the home party protocol. They agreed to release it to the expression instead of a staple of optimism.
The developers noted that the expression was more convenient due to the management of the most intelligent resources, the maturity of the ecological system, the DEFI synergy, and the effect of the network.
Technically, the AEROGO price will be in focus because it shaped a falling scent, noting a possible recovery this week. If the style works well, the Aergo code may rise from $ 0.1590 to $ 0.2500.
CETUS Protocol (CET): What after the penetration?
Top Crypto to Watch will be the CETUS protocol, which is the largest player in the SUI network. The focus will be on CETUS where the network was hacked last week, as infiltrators last more than $ 223 million. 162 million dollars were suspended from this money.
CETUS indicated that he was following approaches, including voting on the series by the SUI community to license to recover 162 million dollars frozen. This vote failed at the beginning, as it only took a neutral position.
The developers also aim to reach the Whitehat Agreement with infiltrators to recover other funds. The infiltrators are unlikely to return the money, and it is possible that legal action will be taken against them.
Therefore, CETUS will be in the spotlight this week as investors are waiting for any new developments from the company.
Post Top Crypto to Watch: CETUS Protocol, Aergo, Monero first on Invezz
