CandleFocus

Sui Struggles to Hold Price Dip at 4% Amid Recent Market Crash

The cryptocurrency market experienced a price dip in the last 24 hours due to increased liquidations, with Bitcoin falling to $96K. Sui Network's native token, SUI, also saw a decline after reaching a new all-time high, currently trading at $3.8. However, there are signs of recovery in the market, and SUI still shows a bullish chart with a 2.07% price increase over the past week. Technical indicators and price movements suggest positive results for the SUI token, with an ascending channel pattern indicating upward movements in the coming days. Other cryptocurrencies, such as XRP and Solana, are also showing moderate upward movements, potentially indicating an attempt at recovery.

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