FinanceAjie
vip

Researching the super public chain: SUI


SUI has been consolidating for a long time, will it be able to reach a new high of $5 in the near future?
After a brief period of dumping, the market is starting to rebound and the SUI price quickly triggers a strong rebound, bringing the Token back into the bullish range. The latest news about the introduction of BTC stake functionality and the major collaborations with Babylon Labs, Lombard Protocol, and Cubist reveal the growing dominance of Decentralized Finance in the field.
In addition to the integration of BTC and partnerships, the SUI platform has also achieved several other milestones.
The SUI ecosystem has registered over 35 million active users, while the total volume of DEX has exceeded 32 billion US dollars. This may be a major reason for the 25% pump in the past few days, which restores the possibility of a strong and sustained pump trend, and is likely to set a new high again in the near future.
From the weekly chart of SUI price, the price has risen above the rise trend line, which is a strong resistance level. Shorts have been keeping the price around $3.6, so the price cannot break through these levels. However, the Trading Volume has increased, and the RSI is trying to maintain within the Overbought zone. This may continue the pump trend for a period of time, paving the way for new highs at any time in the future.
SUI is currently one of the Cryptocurrencies with a market capitalization ranking in the top 20. However, in the past 24 hours, the volume has dropped by more than 36.5%, while the price has maintained a significant rise trend. This indicates that sellers have withdrawn in large numbers, which may further pave the way for a sustained rise trend, as long as it can successfully break through $3.68 from now, the next target is likely to break through the new high of $4.5! We will wait and see!
Wish that those who happen to come across my fren, prosper every day and all goes well! By the way, give a follow, make a fren, AJ is very willing to share dry goods and the latest information of the crypto world with everyone every day.
#BTC# #ETH#
View Original
post-image
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
JustMakeMoneyvip
· 2024-11-30 03:10
How to stake mine BTC
Reply0