CandleFocus SUI Price Surges Past Avalanche as It Targets Entry Into Top 10 Cryptocurrencies
2025-01-11
Author: Content Editor
The SUI token has experienced a significant price increase, surpassing Avalanche (AVAX) and nearing the 11th position among cryptocurrencies globally. Its market capitalization has reached $15.41 billion, making it a contender to enter the top 10 cryptocurrencies. The token has shown strong performance, recovering by 10.93% in the last 24 hours and reclaiming the $5 psychological level. It has surpassed the 61.80% Fibonacci retracement level at $5, indicating strong upward momentum. The next critical resistance lies near $5.35, and a successful breakout could propel the token to a new all-time high of $5.89. Despite the challenges, bullish patterns and ascending price action provide optimism for further gains. Market observers anticipate SUI's next all-time high to be near $6.02.
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