$SUI Price Surges Beyond $1, Bulls Eye $1.55
Despite recent volatility in Bitcoin and Ethereum, SUI maintained a bullish trend, rising 15% over the past week. The crypto analyst BMOON predicts a rally targeting $3.65, supported by Grayscale’s Trust, which boosts investor confidence.
With a market cap of $2.713 billion, SUI has jumped 14.48% in the last 24 hours, reclaiming $1. Technical analysis shows a bullish cycle from the 23.60% Fibonacci level, and a 36.25% price increase over the last 10 days. SUI now faces resistance at $1.23 and $1.55, with a bullish breakout likely.
Technical Indicators:
EMA: A possible golden crossover as the 50-day EMA gains strength.
MACD: Bullish crossover with a rising trend.
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