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.
Weak Dollar, Money Printing and Other ‘Massive Changes’ To Bring Bitcoin to $1,000,000: Arthur Hayes
Bitcoin Exchange Binance Announces It Will Support Network Upgrades and Hardforks of These Altcoins!