🔥🚀Sui (SUI) is on the rise: Can it reach $2?
#Sui (SUI) has managed to surpass the important resistance point by achieving a rise of close to 15 percent in the last 24 hours.
The cryptocurrency market has been exhibiting bullish activity over the past few days. Bitcoin's (BTC) rise on February 7 and its testing of 48 thousand dollars revealed a 12 percent rise in the leading cryptocurrency. This rise has also been a lifeline for altcoins. Many altcoins have broken resistance with significant rises.
Sui (SUI), one of the cryptocurrencies that gained strength with the rise of BTC and moved to the exit, hosted a rise of almost 15 percent in the last 24 hours. SUI managed to break an important resistance point by turning the positive market course into an opportunity. Will SUI be able to reach $2 with this breakage?
Sui (SUI) graphic analysis, will the rise continue?
Sui (SUI), one of the star-shining cryptocurrencies, has raised expectations with a 124 percent rise since the beginning of the year. SUI was among the cryptocurrencies that experienced the most upswing in the new year Dec.
The rise of the popular cryptocurrency has been exacerbated recently. SUI has risen by almost 30 percent in the last week. The rise of SUI has proceeded in parallel with the increase in total locked-in assets (TVL). The Sui ecosystem has improved with the increase in network activity and the growth in social metrics. The development of Sui was reflected in the project's local token, SUI.
SUI attracts attention with its structure that maintains price stability and a long-term upward trend. The popular cryptocurrency is back in action with BTC coming to the fore last week. The SUI has risen by close to 15 percent in the last 24 hours.
SUI made a sharp rise to $ 1.80, with it breaking through the $1.65 resistance. The selling pressure that emerged after this rise caused the price to pull back to $ 1.70.