Layer-1 crypto currency platform water, in recent days, both technical analysis indicators and expert comments attracts attention. Former Goldman Sachs manager and Real Vision Founder Raoul Pal said that there are positive signals pointing to the rise potential of SUI’s technical data. The expectations that the platform could emerge from the decline channel for a long time increased the interest of the investor again. According to the latest data, water was traded at $ 2.18, while 4 percent in the last 24 hours.
Technical indicators give positive signals for Altcoin
SUI’s future price movements are supported by many technical indicators. Among them, especially the TD Sequential indicator stands out. This indicator is trying to estimate trend changes based on the closing of the candlestick and has produced a rise signal for water, according to the latest data. Analysts point out that such technical signals may be decisive, especially at market return points.
Pseudonymous Crypto Para Trader Cheds also revealed a parallel view with this technique. “Breaking the $ 2.50 level can be a powerful bull signal in the long run, Ched, Cheds, emphasized the critical importance of this region. On the other hand, market data shows that the increase in transaction volume supports these expectations.
Experts trust SUI
Many well -known names in the crypto currency market share optimistic expectations for the short -term performance of SUI. Michaël Van de Poppe stated that SUI has jumped from its strong levels of support, giving recovery signals and attracted attention with its increasing use especially in decentralized finance practices. According to Van de Poppe, if a upward movement begins throughout the market, water may be one of the prominent projects in this process.
There are also remarkable developments on the corporate side. Global asset management company Vaneck, in the report prepared for water for over $ 10 levels can be possible. The same analysis includes $ 180,000 for Bitcoin and $ 6,000 for Ethereum. These projections show that the general crypto money market sensitivity is also being recovered. Investors continue to take positions according to such analysis and technical data.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
