🚨$SUI and $LUNC Price Prediction For August 🚨
SUI Price Prediction for August 2024
Sui (SUI) has gained significant attention with an impressive 11% price surge in the past 24 hours, driven by:
- 92% rise in open interest
- Key Grayscale announcement on August 8, 2024
- Recent breakout above $0.89 resistance level
Price Prediction:
- Potential 20% increase to $1.15
- Breaking above $1.20 could lead to $1.40 within August
- However, SUI remains below the 200 EMA, signaling a downtrend
LUNC Price Prediction
- Recent price: $0.000086
- Potential for a 15% increase to $0.000099
- Breaking above $0.0001 could lead to $0.00012
Market Trends:
- SUI's open interest continues to rise, indicating bullish sentiment
- Trading volume has dropped by 20%, suggesting lower participation
- RSI suggests a potential price reversal as it's in the overbought zone
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