gtag('config', 'G-0PFHD683JR');
Crypto News

Sui PRICE EYES RALY to 10 dollars with a decrease in forms of wedge patterns

Sui Price offers a strong bullish momentum with its price move to the level of 4 dollars. Many analysts have noticed the interruption of the pattern of falling string, and the symbol is expected to turn to the level of $ 10.

Trading at $ 3.04 now, SUI recorded strong gains in all fields. This includes an increase of 10.6 % in the past 24 hours and a growth of 56.1 % during the past week.

Sui Price eyes falling the sprays style

SUI’s recent encrypted currency analysts participated as a strong price indicator for future prices. In addition, described in the analyst Chefir Rand in A. tweet This step as a huge leader on the main domination channel. He suggested that the distinctive symbol is looking for other gains. This feeling was repeated by the analyst Coinvo, who explicitly indicated the outbreak of a massive Safy.

Fallen wedge style is the formation of an upper reflection that develops when the price makes its highest level and less than its lowest levels, but with close direction lines. This generally indicates the end of the declining direction. Analyst Michaël Van De Poppe strengthened this view and note that a strong collapse occurs and advises the followers to think that they are buying in the next direction.

The bullish issue is strengthened by analyzing the broader time frame of Bitcoinsensus. The analyst has set an ascending sorry pattern formed since June 2023. He also participated in “assertion in the high time with the interruption of the direction on the relative power index per week.”

The price is expected to reach $ 10

Analysts set huge goals for Sui on technical penetration. Lidura, which indicates SUI as “No. 1 alternative”. He expected the distinctive symbol to reach its highest levels ever in the near future and stated that “$ 10 coded”. This is more than 200 % installment of the current price.

The most accurate technical prediction is by bitcoinsensus, which set the next target price at $ 11.50 for SUI in the time frame for a week. This is according to Sui’s behavior within an ascending sorry structure since June 2023, as well as the recent bullish confirmation by the RSI Index (RSI) on charts for a week.

The latest performance data from SUI check such optimistic expectations. The distinctive symbol gained 31.2 % during the past month. Even in performance for one year, the distinctive symbol grew with amazing 150.1 %.

The symbol has become more prominent, as it appears through its location among the 5 best encoded currencies in America Coingecko numbers. Sui ranked fifth, barely behind XRP only ($ 125 billion), Solana ($ 76.3 billion), USDC ($ 61.8 billion), and Cardano ($ 24.4 billion) among digital currencies made in America.

Coingepe also has a potential prediction in the SUI price, which indicates a 46 % difficult.

partner:

Vignesh karunanidhi

Vignesh Karunanidhi is an experienced encryption journalist with nearly 7 years of experience in the cryptocurrency industry. It has contributed to many posts, including Watchergaru, Beincrypto, Milkroad and Authored, more than 10,000 articles

Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button