CandleFocus Sui Surpasses Consolidation Phase, Analysts Predict New High
2024-10-31
Author: Content Editor
Crypto expert Raoul Pal believes that SUI has broken out of a consolidatory phase and is poised for new all-time highs. The price of SUI recently increased by over 15% in a single day, triggering interest from investors and analysts. Data from CoinMarketCap shows that SUI's price has risen by more than 20%, with its market cap reaching over $5.5 billion. The growing positivity is due to increasing trading volume and market valuation. The Sui price chart shows bullish patterns, and technical indicators such as the RSI and MACD suggest upward momentum. Market participants are closely watching resistance levels at $2.12 and $2.15.
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