CRYPTO

Is this the beginning of Super Rally?

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  • With 9 % profit, SUI retains about $ 3.93.
  • Its size increased 24 hours a day by more than 77 %.

The recovery attempts at the encryption market ended with a strong jump more than 5.43 % in the maximum market, reaching $ 3.22 trillion. It is worth noting that the broader market morale is greed, with fear and greed index in 70. In the aftermath of the lawsuit, SUI publishes a profit of 9.21 % during the past 24 hours.

With the recession fading, with renewed durability, the continuous bullish procedure can be resolved to the last losses, which leads it to entering a positive area. The origin started from today commerce In the bottom range of $ 3.58. After the bullish shift, the price rose about $ 4.08.

At the time of the press, SUI was traded within the level of $ 3.93, with the trading volume increased by more than 77.47 %, to reach $ 3.08 billion. Moreover, Altcoin saw a 24 -hour liquidation of $ 14.80 million, according to Coinglass Data.

Can sui keep its upscale momentum?

Via SUI average convergence divergence line above the signal line. This involves a strong upper intersection and is likely to lead to a potential upward correction if the price price acquires an upward power.

The money flow index (CMF) has reached 0.14, which alludes to a strong purchase pressure, and money flows to the original. With the support and careful bullish signal, it begins in the continuous upward trend.

The active bullish correction of the assets can push the price to 4 dollars. Assuming SUI explosions after this level, it may start a golden cross and send the price to $ 4.13. Other gains to build a fixed momentum in the price track.

If the SUI’s bullish wave runs out, the price may decrease and test support 3.72 dollars. The formation of the death cross may start with a fixed decrease towards a scale of $ 3.50. It is likely that it is a point of making or breaking the price of the original.

In addition, the value of the bull bear force (BBP) at 0.3311 Indicate The bulls control the market. The SUI (RSI) daily relative index indicates that the original in a neutral area is to the peak of purchase.

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