Sui (SUI) Price Action:
In spite of rising bearish sentiment in the cryptocurrency space, the SUI price has displayed a bullish action by recording a jump of over 20% within the past day. Further, it has surged approximately 120% over the past week and 40.11% during the last 30 days.
The Moving Average Convergence Divergence (MACD) has displayed a constant rise in the green histogram, indicating an increase in the buying pressure within the crypto space. Further, its averages show a bullish rise, suggesting that the SUI price will continue gaining value this week.
If the market continues trading under a bullish sentiment, the SUI coin price will prepare to test its upper resistance level of $1.460. Conversely, if a bearish trend reversal occurs, this altcoin will plunge toward its crucial support level of $0.6125.
