With the latest mobility in the crypto market, SUİ (SUI) token, has come to the fore with its performance in recent weeks. According to Coindesk data, water increased to $ 4.23 with a 15 percent rise on Saturday. 13.1 percent in the last week, 28.7 percent in the last 14 days and 62.3 percent in the last month gained a significant momentum.
Technical Indicators and Analyst Comments in Water Token
This price increase attracted the attention of crypto investors and analysts. It was foreseen that the current appearance in the market indicates that SUI could make a wider movement. Different experts mentioned that the current level of SUI on social media may be one of the best investment opportunities in the market, especially as it is below $ 5. According to some analysts, time narrows and the amount of token as much as the price becomes important.
Martyparty: “Time is narrowing. Here is the price, not the price, how many token you have.” Crypto investors’ application – the reason will surprise you!
Technical analysts, the rise is supported by technical indicators, he said. Marcus Corvinus stressed that the price has been approaching the trend line that has not been overcome for a while and that a technical formation called AB = CD is about to be completed. In this case, SUI is expected to reach $ 5.64. In addition, the price can accelerate at the level of 6.70 dollars and up to 8 dollars under appropriate conditions.
Marcus Corvinus: “This is not just an ordinary leap. The beginning of the next important rise of water.”
Increase in critical resistance and transaction volume
Another analyst, CryptoBull_360, drew attention to the importance of the critical resistance level of SUI in the past. According to him, he said that if a clear movement takes place above this level, the price could rise to the $ 7 to 10 dollars.
CryptoBull_360: ısında If the level of resistance that cannot be overcome in the past is passed, the range of $ 7-10 can be accessed. ”
Looking at the data, it was reported that there has been a significant accumulation of accumulation on the water and then the psychological resistance of the $ 4 was exceeded with a high trading volume. The transaction volume showed that there was a strong demand by increasing almost double the last 24 -hour average during the rise. In addition, in parallel with the price increase, short -term supports occurred at 3.93, 3.98 and $ 4,02.
In the last minutes of the session, water increased by 2 percent and jumped from 4.09 to 4.17 dollars. During this increase, the transaction volume also peaked. Significant resistance levels were passed one by one and the price was consolidated for a while in the $ 4,16–4.17 range.
According to market observers, technical indicators, rapidly increasing momentum and the clarity of the upward targets increased the interest in SUI. In the following process, investors closely follow the market, focusing on whether water can realize the expected major rise.
Water Tokenı has become the focal point of investors and experts with recent price increases and serious rise in transaction volume. Experts, technical analysis of structures and upward targets formed, token, the signal of more rise in the tokend, he says. Investors think that new peaks may be possible if critical resistance levels are exceeded. While certain support levels gain importance in the short term, the continuity and market interest in the transaction volume will be effective in monitoring developments.
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.
