Sui Price Prediction: SUI Tops Gainers With 13% Pump As This Blockbuster Pepe ICO Closes On $13 Million
The Sui price pumped over 13% in the last 24 hours to trade at $1.01 as of 11:42 p.m. EST as traders go long on the altcoin. The surge made SUI the top gainer among major cryptos by market capitalization, and pushed its weekly advance past 25%. The Sui Price Overcomes Two Major Resistance Levels 4-hour chart for SUI/USDT (Source: GeckoTerminal ) The Sui price blasted out of a short-term negative price channel in the last 12 hours, and also broke above the major resistance levels at $0.9348 and $0.9935. SUI establishing a position above the $0.9935 barrier within the next 8 hours could give the altcoin the technical foundation needed to rise to $1.0585 in the coming 24 hours. On the other hand, the Sui price failing to close a 4-hour candle higher than $0.9935 within the next 8 hours might invalidate the bullish thesis. In this alternative scenario, traders will likely begin to take profit. This potential sell pressure could then lead to SUI retesting the aforementioned $0.9348...