Search Inside Bitcoins

SushiSwap Price Prediction for Today, December 26: SUSHI/USD Begins a Recovery Mode above $0.95

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

SushiSwap Price Prediction for Today, December 26: SUSHI/USD Begins Recovery Mode above $0.95
SushiSwap Price Prediction for Today, December 26: SUSHI/USD Begins Recovery Mode above $0.95

Join Our Telegram channel to stay up to date on breaking news coverage

The SushiSwap price prediction is seen breaking above the $0.95 resistance level as SUSHI trades bullishly above the 9-day moving average.

SushiSwap Prediction Statistics Data:

  • SushiSwap price now – $0.97
  • SushiSwap market cap – $217.2 million
  • SushiSwap circulating supply – 222.2 million
  • SushiSwap total supply – 244.5 million
  • SushiSwap Coinmarketcap ranking – #109

SUSHI/USD Market

Key Levels:

Resistance levels: $1.60, $1.65, $1.70

Support levels: $0.45, $0.40, $0.35

SushiSwap Price Prediction for Today, December 26: SUSHI/USD Begins Recovery Mode above $0.95
SUSHIUSD – Daily Chart

SUSHI/USD is likely to begin a recovery move above the resistance level of $0.98 as the coin spikes to the upside to trade close to the resistance level of $1.00. However, the coin is currently trading at $0.97 with a bullish movement toward the 9-day and 21-day moving averages. Meanwhile, if the SushiSwap price slides below the 9-day moving average, sellers may attempt to return to the market.

SushiSwap Price Prediction: SushiSwap Price Ready to Gain More

The SushiSwap price can only maintain the uptrend if the newly touched $0.98 resistance level is maintained at all costs. At the time of writing, the technical indicator Relative Strength index (14) is likely to cross above the 40-level to create more bullish signals in the market, this could encourage more buyers to enter the market.

However, if the red line of the 9-day MA crosses above the green line of the 21-day MA, the coin may begin to perform well and the price of SushiSwap may reach the resistance levels at $1.60, $1.65, and $1.70 respectively. Meanwhile, if the technical indicator decides to make a quick turn to the south, there may be a slight bearish drop which could roll the market down to the support levels of $0.45, $0.40, and $0.35 respectively.

Against Bitcoin, the SushiSwap price is likely to cross above the 9-day and 21-day moving averages as the price touches the daily high at 585 SAT. However, the technical indicator Relative Strength Index (14) is likely to cross above the 40-level as the coin aims for upward movement.

SUSHIBTC – Daily Chart

Moreover, as seen on the daily chart, the potential resistance level is located at 800 SAT and above, but a lower sustainable move may cancel the bullish pattern and could attract new sellers coming into the market with the next focus on the support level of 400 SAT and below.

Dash 2 Trade gives you the ability to optimize your trading and speculative profitability with effective crypto trading recommendations, auto trading, and analytics features. There is a D2T token presale ongoing and time is running out. The presale dashboard launch is coming soon since the product dev is ahead of the schedule. So far, the presale has raised almost $11 million.

Related

Join Our Telegram channel to stay up to date on breaking news coverage

Read next