CandleFocus ETH, SHIB, SUI: Top cryptocurrencies to watch this week
2024-11-10
Author: Content Editor
Last week was extremely bullish for the cryptocurrency market, with the global crypto market cap surpassing $2.85 trillion. Bitcoin led the rally, reaching nearly $80,000 and entering a price discovery phase. Ethereum also saw significant gains, closing the week above $3,100 and potentially facing a pullback to $2,981. Shiba Inu, a meme coin, had its most bullish week in over a month, rallying by 21% and breaching the $0.00002 psychological resistance. Sui, the native token of the layer-1 blockchain, reached a new all-time high of $3.14 before pulling back to $3.1. Investors should be mindful of potential pullbacks and support levels.
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