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Technical Analysis and Upcoming Levels
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Will Altcoins Surge Back This Week? The broader market sentiment will be a critical driving factor of the altcoin market this week. While the global markets are standing on thin eyes, the crypto market and the market share a similar fate. A bullish comeback in altcoin will likely happen with a minor recovery in Bitcoin. Supporting this possibility, the BTC price is teasing a morning star pattern in the daily chart with an intraday gain of 0.59%. Currently, the BTC price is trading near the $61,000 level after a massive crash. Nevertheless, with the morning star possibility, the altcoin market sentiment is likely to recover this week.$BTC $ETH $BNB
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Bitcoin Price To Drop $52k
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Sui (SUI) The SUI coin price continues gaining momentum by adding 8.03% in the past 24 hours with a trading volume of $845.91 million. Further, it has jumped 22.51% over the past week and 138.41% during the last 30 days. With a market cap of $5.22 billion, it has secured the 20th position. The Moving Average Convergence Divergence (MACD) shows a constant green histogram in the SUI price chart. Furthermore, the SMA indicator constantly supports the price trend. This suggests that the SUi price will continue gaining value this week. If the bulls continue to dominate the crypto space, this could result in the SUI crypto price retesting its ATH of $2.1850 this month. Conversely, if the bears regain power, the altcoin could retest its low of $1.60. $SUI
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Top 3 Gainer Tokens For the Day
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