I can't stop saying it: $SUI can be a promising investment.
From November 1st to today, 12/12/24, that is, 40 DAYS, it has made more than 100% (x2)
$SUI is an attractive investment when considering gains and risks, as it does not represent a very risky token and much less one that will not give you profits
Today it was fluctuating around $4.9 and aims to break the $5 barrier!
$SUI seems to have respected the upper limit of the bullish channel that it had established and shows possibilities of a small correction (at least)
By drawing a Fibonacci retracement, we see that the 0.382 point coincides with the previous maximum of $3.95, so if there is a correction, that could be a price where we may then see a brief bounce upwards, ideal for a LONG trade.
This is not an investment recommendation; you should always do your own analysis before trading with your money
Attention with $DOGE ! Since its significant rise at the beginning of November, it has been forming a parallel ascending channel that could explode at any moment.
(You will find the image below)
After reaching a new high by surpassing the previous high of June 2021, its fall was not noticeable as the price was supported by the liquidity marked in red (coming from previous highs and lows), which makes it possible that $DOGE has not experienced a strong drop yet, and I don't believe it will.
The ascending channel, which is progressing slowly, makes it even more attractive. $DOGE rejects a drop and moves slowly and steadily: Liquidity will soon enter that will drive its price up.
In this Alt Season, we will see the explosion of multiple coins whose projects are promising, with a solid and efficient structure, capable of attracting capital due to their appeal to the intelligent investor.
One of the projects that I am interested in highlighting is $SUI.
SUI is a Layer 1 blockchain with DPoS based on the Move programming language. SUI is the native utility token.
Since its market launch in May 2023 at a value of $0.1, $SUI has demonstrated great solidity and confidence for investors.
For several months, it remained stable at a price of $1, and since September 2024, it has had a performance of 400%, reaching a value of almost 4$ !!!
The million-dollar question is: When we are in the Alt Season, will $SUI be able to reach 10 dollars? I look forward to hearing your thoughts.
#BecomeCreator $SUI is flying away people!!! Excellent blockchain that has had a 400% performance since September and has just broken the $4 barrier!!!!
Speculating with Bitcoin, people forget what comes next. The 'Altseason' is not something to be underestimated, and even less so the 'Meme Season'.
The liquidity entering projects with charts that were not attractive to investors is now appealing.
If you are considering entering $BTC , let me tell you that you are late. You will be risking to earn little and lose a lot. The FOMO (fear of missing out) will ultimately stain your portfolio red.