Raul Pal, former CEO of Coldman Sachs, believes that one of the Solana competitor (SOL) appears to be in a huge division.
Stomach Recount Its 1.1 million followers on the social media platform X have that the TOM Demark Index (TD) is a pictured upward on the Layer-1 Sui (SUI) platform.
Traders use the TD serial index to predict the potential trend reversions of the distinctive symbols based on the prices of closing bars or nine or 13 -year -old candles.
It is also suggested that SUI is about to get out of a declining channel, a declining pattern that indicates that the original is formed low and lower levels.
“Sui: roads, knocking, knocking on the door of the sky.”
Other analysts also suggest that SUI may prepare for explosive movement.
Wig He says If SUI is able to penetrate its immediate resistance, it may start printing large gatherings.
“2.50 dollars public expenditures is a long operator.”
At the same time, the Michaël Van de Poppe Recount It is followed by 783,900 his followers on the social media platform X that SUI acquires adoption as a decentralized financing network (Defi), including for Bitcoin (BTC) lending, and is referred to as Bitco DEFI (BTCFI). It is also suggested that SUI bounce from the main support level on the graph for a period of three days.
“Once the markets return to the upward trend, the money will be flowing again to those that showed strength. Sui is one of them. It’s a great place to investigate sui:
- BTCFI grows quickly 10 % of TVL (the total closed value) that passes through SUI.
- Defi on sui in the first six places of all chains.
- Nearly $ 6 billion in the trading volume on Davi last month.
I think it can work well in the next session. “
Finally, you are the financial giant Propagate SUI will increase more than 358 % of its current value.
“We believe that the bull’s encryption market will continue until 2025, when it reached its first peak in the first quarter. At the top of the course, we evaluate the value of bitcoin by about $ 180,000, with ETHEREUM (ETH) trading above $ 6000. Other prominent projects, such as Solana and SUI, can exceed $ 500 and $ 10, respectively.”
Sui is trading for $ 2.18 at the time of writing, an increase of 4 % in the past 24 hours.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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