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SushiSwap Price Prediction for Today, November 28: SUSHI/USD Continues the Upside Journey

API3 Price Prediction for Today, November 28: API3/USD Eyes $1.6
API3 Price Prediction for Today, November 28: API3/USD Eyes $1.6

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SushiSwap Price Prediction for Today, November 28: SUSHI/USD Continues the Upside Journey

In the last trading session, SushiSwap bulls began the upside movement of the price. After breaking the $1.26 resistance level, the next difficult price level will be the $1.4 resistance level. And that next resistance level is needed to be captured if the market will be established its new upside-moving trend.

SushiSwap Market Price Statistic:

  • SUSHI/USD price now: $1.34
  • SUSHI/USD market cap: $165,894,645
  • SUSHI/USD circulating supply:127,244,443.00
  • SUSHI/USD total supply: 244,542,059
  • SUSHI/USD coin market ranking: #136

Key Levels

  • Resistance: $1.35, $1.40, $1.45
  • Support: $1.20, $1.15, $1.10

SushiSwap Market Price Analysis: The Indicators’ Point of View

With the significantly bullish candle representing today’s trading activities after the one of yesterday, the SushiSwap bull market is another step, in the right direction, closer to regaining control over the market. And because of the bullish market of today, the Bollinger indicator gives the impression that buying pressure is finally catching up with the selling pressure. The Bollinger indicator illustrates this by portraying the upper and lower bands creating a horizontally moving channel. Another bullish price move is needed in the next trading session to change the direction of the market to the upside.

SushiSwap Price Prediction for Today, November 28: SUSHI/USD Continues the Upside Journey

SUSHI/USD 4-Hour Chart Outlook

 From the smaller time frame, we see that the buyers are ready for more action as it seems like a new support level is being formed at the $1.3 price level. The first two 4-hour sessions of today’s market went in favour of the buyer as they control the market. The next two sessions or the two recent sessions are showing a serious struggle for the price as the aggressive bull market is faced with strong selling pressure. This price remains pegged at this level for now. But if the buyers can hold fast their position at this level, the market will continue its upside journey breaking the $1.4 resistance level and changing the direction of the price channel to an upward moving one.

SushiSwap is just coming out of the ranging market and taking up an upside-moving trend. A novel platform now needs to be well-developed to help traders reduce loss. The FTX disaster shows that there is a need for a very effective and innovative platform that can detect disasters that are similar to FTX/FTT, and enable speculators to pinpoint safer trading signals that will ensure huge returns. The platform is Dash 2 Trade (D2T), whose presale is currently ongoing. The presale has realized about $7.5 million. D2T affiliate program is also open to all. You can earn your share of the revenue by using the Dash 2 Trade referral links!

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