According to Alex Wasey, an expert in the field of DeFi research, in February of this year, many projects are planning to unlock their tokens.

This step is aimed at regulating the supply and demand ratio for cryptocurrency. The analysis of the unblocks showed that various tokens worth about $ 1 billion will be released into circulation.

Among the well-known projects to be unblocked are Aptos (APT), Immutable (IMX), Sui (SUI), Sei Network (SEI) and Oasis Network (ROSE).

Aptos (APT):

The unlocking of Aptos tokens is scheduled for February 12, and the release of assets worth about $230 million is expected. It is important to note that previous token unlocks had little effect on the price of APT.

At the moment, the price of APT is $9.1. The chart of APT/USD shows that the price has overcome strong resistance at $9.10. However, the Aroon indicator hints at a bearish movement, with the Aroon Up line at 35.71% and the Aroon Down index at 92.86%.

In addition, the RSI indicates a weakening of the bullish movement, and the APT price could potentially drop to $8.20 or rise to $9.50 in a more optimistic scenario.

Immutable (IMX):

Immutable (IMX) plans to unlock $70 million worth of tokens on February 23. Over the past 24 hours, the IMX has lost just 0.1% of its value, trading at $1.96. However, the 4-hour IMX chart shows an RSI increase similar to the one seen in APT.

This momentum created an upward channel that pushed the price above $2, but later the IMX ended up in the overbought zone, indicating the current bearish trend. The MACD is also negative, which supports this dynamic. If there is no buying pressure, the IMX may drop to $1.80, becoming the next support level.

Sui (SUI):

The unlocking of the SUI token is scheduled for February and will lead to an increase in the supply of tokens by $ 100 million. According to Wacy, the first unlock of SUI tokens was successful.

On January 30, SUI reached a historic high of $1.65, but later the price dropped to $1.47. The +DI and -DI indicators hint at a decrease in the dominance of buyers and the entry of sellers into the market. If -DI continues to rise, the SUI price may fall to $1.25-1.32 in accordance with the Fibonacci retracement levels.

Sei (SEI):

Previous unblocks of SEI tokens had minimal impact on the price movement. On February 15, the project plans to unlock tokens worth $85 million.

The SEI price has been declining for most of the last few days, which contrasts with its rise from $0.23 to $0.88. The analysis of the Awesome Oscillator (AO) indicates a period of calm due to the bears, and the current dynamics may continue, especially given the negative MACD. The SEI price may drop to $0.55.

Oasis Network (ROSE):

The unlocking of Oasis Network tokens is scheduled for February 18 and amounts to only $19 million. At the time of publication, the price of ROSE was $0.1012.