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Cryptocurrency News Articles

Crypto markets face a key week (April 14-20, 2025) with over $519.4 million in token unlocks.

Apr 11, 2025 at 06:05 pm

These unlocks often lead to notable shifts in price action, as large volumes of previously locked tokens enter circulation.

Crypto markets face a key week (April 14-20, 2025) with over $519.4 million in token unlocks.

Crypto markets are set for a key week as over $519.4 million in token unlocks are scheduled for April 14-20, 2025.

These unlocks can lead to notable shifts in price action, especially with large volumes of previously locked tokens entering circulation. Such a sudden influx can exert selling pressure or stir interest from investors, the latter being more likely if the market is in a strong bullish trend.

Among the key tokens to watch are $TRUMP, $FTN, $ARB, $UXLINK, $DBR, and $CONX, each displaying unique patterns in price movement and trading behavior.

$TRUMP faces immediate support at $7.65–$7.70, while Fib resistance is at $8.02–$8.03. Feeling is slightly positive after the rebound, but a 45% volume drop advises care. Breaking resistance could lead to new gains if buying returns.

Fasttoken remained range-bound, varying between $4.017 and $4.032. The $80.6 million unlock is part of a 4.65% holding. Despite limited price action, small volume gains hint at quiet accumulation. Support at $4.017 held strong. Not pushing past $4.032 could limit gains. A volume-backed breakout is needed for a large move.

Arbitrum enjoyed a 2.93% price increase, moving from $0.275 to nearly $0.296 before pulling back. The $27.2 million unlock is part of a 2.01% holding. However, the declining volume down 22.74% is a red flag. To keep rising, ARB needs to clear $0.296 and hit the $0.30 resistance mark.

With an 11.09% holding valued at $24.6 million, UXLINK surged 7.25% to close at $0.6387. It rallied from a low of $0.5933 and touched $0.683 before settling lower. Staying above $0.625 keeps positive hopes up. A solid push past $0.685 could send it towards $0.70, where selling will likely appear.

deBridge, despite its $17.07 million holding (41.11%), managed a steady climb to $0.02288. The trend is healthy, although weakened volume could slow momentum.

Lastly, CONX dipped early to $16.40 but recovered slightly to $17.08. Its 86.96% holding raises concerns about supply pressure. Still, holding above $17.00 might encourage a retest of prior highs.

The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

As always, stay tuned to Benzinga for more crypto market coverage.

On Monday, the $TRUMP token faced immediate support at $7.65–$7.70, while Fib resistance levels were at $8.02–$8.03. Feeling was slightly positive after the rebound, but a 45% drop in volume advised caution. Breaking resistance could lead to new gains if buying returned.

Next, Fasttoken remained range-bound, varying between $4.017 and $4.032. The $80.6 million unlock was part of a 4.65% holding of the token. Despite limited price action, small gains in volume hinted at quiet accumulation. Support at $4.017 held strong. Not pushing past $4.032 could limit gains. A volume-backed breakout was needed for a large move.

Arbitrum enjoyed a 2.93% price increase, moving from $0.275 to nearly $0.296 before pulling back. The $27.2 million unlock was part of a 2.01% holding and came at a time when the price was forming higher highs. However, the declining volume—down 22.74%—was a red flag. To keep rising, ARB needed to clear $0.296 and hit the $0.30 resistance mark.

Then, UXLINK, with an 11.09% holding valued at $24.6 million, surged 7.25% to close at $0.6387. It rallied from a low of $0.5933

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Other articles published on Apr 18, 2025