CandleFocus Why These Altcoins Are Trending Today — February 3
2025-02-03
Author: Content Editor
The crypto market is currently experiencing pressure, with Bitcoin and Ethereum trading below key price levels. However, certain altcoins are garnering attention due to notable price movements. SUI has seen a 17% decline in the past 24 hours, with its MACD indicator suggesting bearish momentum. If the downtrend continues, SUI's price may fall to $2.10, but an uptrend could push it towards $5.35. HYPE, on the other hand, has seen a 3% increase in value, defying the broader market trend. Its RSI indicates bullish momentum, and if buying pressure persists, its price may break above $24.10 to trade at $27.57. Finally, TRUMP, a meme coin linked to Donald Trump, has seen a 16% decline in price accompanied by high selling pressure. This suggests a potential further downside, with a possible price drop to $15.78, but a spike in demand could push its value towards $22.22.
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