Has SUI Awakened the Mighty Bulls with a 13% Lift?
The post Has SUI Awakened the Mighty Bulls with a 13% Lift? appeared on BitcoinEthereumNews.com. SUI has gained over 13% and is now trading at $3.90. Its daily trading volume has surged by more than 141%. With the solid greedy sentiment in the broader market, Bitcoin, the largest and dominant asset, has hit a new ATH. Following the surge, the bullish pressure has dragged the assets to reclaim their recent highs again and push further high. Among the altcoins, in the last 24 hours, SUI has posted a steady 13.32% gain. The altcoin could move up to new highs if the bullish streak holds up. SUI kicked off the day trading at the low range of $3.41. As the bullish momentum picked up, the price rose to a high of $3.93. As per CMC data, at the time of writing, SUI traded within the $3.90 mark, with a market cap of $13.51 billion. Notably, the asset’s daily trading volume has exploded by over 141%, reaching $2.2 billion. According to Coinglass data, the market has experienced a 24-hour liquidation of $9.49 million worth of SUI. SUI has recorded a surge of over 34.17% in the last seven days. The asset’s weekly low price was marked at the $2.83 level. With the renewed bullish interest, the price has climbed to the current trading zone. Will SUI Push Higher from Here? With the bullish pressure, the SUI price could climb and find the nearby resistance at the $3.96 range. A breakout above this level might open the gateway for the golden cross to emerge and drive the price above $4.03. If SUI loses momentum, a downtrend appears, and the price might fall and aim for the $3.84 support. If the altcoin breaks down past this level, the bears could likely direct the price toward $3.77 or even lower, as a make-or-break zone for the asset. SUI’s technical analysis…
The post Has SUI Awakened the Mighty Bulls with a 13% Lift? appeared on BitcoinEthereumNews.com.
SUI has gained over 13% and is now trading at $3.90. Its daily trading volume has surged by more than 141%. With the solid greedy sentiment in the broader market, Bitcoin, the largest and dominant asset, has hit a new ATH. Following the surge, the bullish pressure has dragged the assets to reclaim their recent highs again and push further high. Among the altcoins, in the last 24 hours, SUI has posted a steady 13.32% gain. The altcoin could move up to new highs if the bullish streak holds up. SUI kicked off the day trading at the low range of $3.41. As the bullish momentum picked up, the price rose to a high of $3.93. As per CMC data, at the time of writing, SUI traded within the $3.90 mark, with a market cap of $13.51 billion. Notably, the asset’s daily trading volume has exploded by over 141%, reaching $2.2 billion. According to Coinglass data, the market has experienced a 24-hour liquidation of $9.49 million worth of SUI. SUI has recorded a surge of over 34.17% in the last seven days. The asset’s weekly low price was marked at the $2.83 level. With the renewed bullish interest, the price has climbed to the current trading zone. Will SUI Push Higher from Here? With the bullish pressure, the SUI price could climb and find the nearby resistance at the $3.96 range. A breakout above this level might open the gateway for the golden cross to emerge and drive the price above $4.03. If SUI loses momentum, a downtrend appears, and the price might fall and aim for the $3.84 support. If the altcoin breaks down past this level, the bears could likely direct the price toward $3.77 or even lower, as a make-or-break zone for the asset. SUI’s technical analysis…
What's Your Reaction?
