Price: $0.43874 1.0764%
Market Cap: 64.54B 1.7455%
Volume (24h): 7.66B 0%
Dominance: 1.7455%
Price: $0.43874 1.0764%
Market Cap: 64.54B 1.7455%
Volume (24h): 7.66B 0%
Dominance: 1.7455% 1.7455%
  • Price: $0.43874 1.0764%
  • Market Cap: 64.54B 1.7455%
  • Volume (24h): 7.66B 0%
  • Dominance: 1.7455% 1.7455%
  • Price: $0.43874 1.0764%
Home > Information news > Sui Price Prediction for Today, November 29 – SUI Technical Analysis

Sui Price Prediction for Today, November 29 – SUI Technical Analysis

Release: 2024/11/30 05:10 Reading: 341

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/674a27b04e2f8f43650e5002

Sui Price Prediction for Today, November 29 – SUI Technical Analysis

Sui Price Prediction

Sui's price hovers around $3.49 near the 9-day moving average, facing resistance at the $3.49 level.

Sui Prediction Statistics

  • Current price: $3.49
  • Market cap: $9.93 billion
  • Circulating supply: 2.85 billion
  • Total supply: 10 billion
  • Coinmarketcap ranking: #18

Sui's Performance

Sui's early adoption has driven an impressive surge of +855.59% from its all-time low of $0.3643. Despite trading below its all-time high of $3.93, its current range ($3.36-$3.55) indicates ongoing interest.

SUI/USD Market

  • Resistance levels: $4.50, $4.55, $5.00
  • Support levels: $2.50, $2.45, $2.40

The SUI/USD market exhibits bullish reversal signs. After reclaiming support at $3.00 and $2.95, Sui showed strong buying interest. The breakout above the downtrend highlights market interest. However, broader market conditions, including Bitcoin's price, will influence the sustainability of Sui's rally.

Sui Price Prediction: Potential Upside Breakout

The $3.40-$3.50 range remains a critical resistance zone. Failure to maintain above this level may lead to a pullback. Conversely, increased trading volume above $3.40 could signal an upward move towards $4.00. Consolidation appears more likely in the near term.

Traders should monitor the $4.00 level for a new bullish trend, while support at $2.80 may offer buying opportunities. A bearish breakdown below $3.00 could open further downsides, targeting supports at $2.50, $2.45, and $2.40.

SUI/BTC Consolidation

Against Bitcoin, Sui consolidates within a channel. Selling pressure may push the price to a new low. The technical indicator shows negative moves if Sui crosses below the channel's lower boundary.

Traders may expect support below the moving averages at 3000 SAT before a break to 2700 SAT. A bullish breakout above the 21-day moving average could confirm a bullish move, with resistance at 4700 SAT and above.

Sui Alternatives: Pepe Unchained

Despite SUI/USD's potential bullish breakout, current market conditions favor consolidation. Pepe Unchained, transitioning from a meme coin to a transformative project, is gaining attention.

Its Layer 2 blockchain ecosystem and ambitious offerings position it as a formidable player in the blockchain industry. With a successful presale, Pepe Unchained has garnered investor confidence. If it maintains its momentum, it could become a standout project in the crypto space.

Related News

  • Is It Too Late to Buy SUI? Price Soars 99% In A Month
  • ADA Soars 9% As Traders Rush To Buy Pepe Unchained Presale With Time Running Out

Selected Topics

  • Dogecoin whale activity
    Dogecoin whale activity
    Get the latest insights into Dogecoin whale activities with our comprehensive analysis. Discover trends, patterns, and the impact of these whales on the Dogecoin market. Stay informed with our expert analysis and stay ahead in your cryptocurrency journey.
  • Dogecoin Mining
    Dogecoin Mining
    Dogecoin mining is the process of adding new blocks of transactions to the Dogecoin blockchain. Miners are rewarded with new Dogecoin for their work. This topic provides articles related to Dogecoin mining, including how to mine Dogecoin, the best mining hardware and software, and the profitability of Dogecoin mining.
  • Spacex Starship Launch
    Spacex Starship Launch
    This topic provides articles related to SpaceX Starship launches, including launch dates, mission details, and launch status. Stay up to date on the latest SpaceX Starship launches with this informative and comprehensive resource.
  • King of Memes: Dogecoin
    King of Memes: Dogecoin
    This topic provides articles related to the most popular memes, including "The King of Memes: Dogecoin." Memecoin has become a dominant player in the crypto space. These digital assets are popular for a variety of reasons. They drive the most innovative aspects of blockchain.