- The SUI price is close to the level of the average SIA movement (EMA), which allows high prices.
- MACD and RSI technical indicators indicate a short -term bullish momentum.
The SUI price has a decline and moves towards the annual SIA moving average (EMA). Before that, the level was a pivotal launch platform for large price movements. As the original approaches this decisive point, the market is closely monitoring to see if $ sui will repeat the previous price procedures and lead to a great outrage.
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According to the analysis of Marcus Corvinus, the SUI price has recently moved over the direction line, indicating a potential upward trend. The low support level was tested near 1.90, followed by a reflux. This procedure refers to ascending momentum, where price expectations reach levels of $ 3.00, $ 4.00 and $ 5.00.
Besides technical analysis, SUI grows up with the upcoming Wal list. The company will open more attention from traders, and therefore, more stock trading through insertion. SUI recorded a rise with the approaching list, as the capabilities of the price gathering once the list was completed.
The increase is in line with a low decrease, which indicates the growth of the growing market. The moving average (MA) is lower than the current price, which enhances the idea of an imminent upward trend.
Technical Analysis: MACD and RSI indicators
According to TradingView monitoring, the MACD index indicates a positive value at +245.74. The graph under the zero line indicates the upward momentum. The MACD line is placed over the signal line, indicating the bullish feeling in the short term.
However, the negative value -47.93 million in the long -term graph indicates some continuous declining pressure. The overall image indicates short -term growth, but the long -term trend is still uncertain. The RSI index, which measures the speed and change of price movements, is 56.90.
This value indicates that the distinctive symbol may not be superior to or overlooking the work, indicating a neutral market. Since the RSI index is less than 70 marks, there is no an imminent script indicator. However, the current level indicates a moderate force in the market, with space for more movement without referring to a reflection.
SUI current market performance
Tracking current market procedures, Coinmarketca data indicates that SUI trades at $ 2.74. It has increased by 4.86 % over the past 24 hours, with a maximum of $ 8.69 billion. The trading volume 24 hours of the distinctive symbol is $ 1.32 billion, which represents a significant increase of 92.36 %.
The price varies to a certain amount and meat about $ 2.75, which is currently stable at this level. In 24 -hour trading activity, the volume to the market value is 15.12 %, and the rate of trading volume to the market value is also good. Its medication offer is 3.16 billion, the total and the maximum is 10 billion. The fully diluted evaluation (FDV) is calculated to be 27.42 billion dollars, whose value will be in case of floating all the symbols in the market.
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