As of December 21, 2024, the current price of $SUI against Tether (USDT) is approximately $4.83.
Over the past 24 hours, $SUI has experienced a price increase of approximately 22.64%, with a 24-hour trading volume around $4.45 billio
Technical analysis for the $SUI /USDT cryptocurrency pair indicates a predominantly bullish trend. Here's a summary of the key technical indicators:
Moving Averages (MAs):
Short-Term (10-day): The 10-day simple moving average (SMA) is at $4.44, with the current price at $4.54, suggesting a 'Sell' signal.
Medium-Term (50-day): The 50-day SMA is at $3.44, indicating a 'Buy' signal.
Long-Term (200-day): The 200-day SMA is at $1.71, also indicating a 'Buy' signal. Overall, the moving averages suggest a strong buy signal in the medium to long term.
Oscillators:
Relative Strength Index (RSI): The 14-day RSI is at 56.84, which is considered neutral.
Moving Average Convergence Divergence (MACD): The MACD is at 0.34, indicating a 'Buy' signal.
Commodity Channel Index (CCI): The 14-day CCI is at 26.58, which is neutral. These oscillators suggest a neutral to slightly bullish momentum.
Pivot Points:
Support Levels: S1 is at $4.44, S2 at $4.38, and S3 at $4.27.
Resistance Levels: R1 is at $4.62, R2 at $4.74, and R3 at $4.80. The current price is near the first resistance level, indicating potential upward movement if it breaks through.
Overall Summary: The combination of moving averages and technical indicators points to a 'Buy' signal for SUI/USDT, with strong bullish momentum in the medium to long term.
