Sui Price Prediction: SUI Tops Weekly Gainers With 46% Surge, But Traders Turn To This Meme Coin With A 1,016% APY
The Sui price surged 9.6% in the last 24 hours to trade at $1.51 as of 10:28 p.m. EST on trading volume that skyrocketed 34% to $928 million. SUI also soared 46% in the past week, a jump that made it the biggest gainer among major cryptos by market capitalization, according to Crypto Bubbles . Sui Price On A Sustained Bullish Rally The SUI/USDT price Analysis on the 4-hour chart shows that in August and early September, the Sui price bulls struggled to push the price above the $1.06 resistance. The $0.77 support allowed the price of Sui to form a double bottom pattern. In the last rounding bottom pattern, the bulls have used the support level to push the Sui price towards a sustained bullish rally. SUI price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which now act as the immediate support levels at $1.179 and $0.095, respectively. The token trading above both the SMAs is also a confirmation of the bullish rally. Furthermore, the Relativ...