{"id":578774,"date":"2024-09-21T08:41:12","date_gmt":"2024-09-21T08:41:12","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=578774"},"modified":"2024-09-21T08:41:12","modified_gmt":"2024-09-21T08:41:12","slug":"sui-price-prediction-sui-tops-weekly-gainers-with-46-surge-but-traders-turn-to-this-meme-coin-with-a-1016-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/sui-price-prediction-sui-tops-weekly-gainers-with-46-surge-but-traders-turn-to-this-meme-coin-with-a-1016-apy","title":{"rendered":"Sui Price Prediction: SUI Tops Weekly Gainers With 46% Surge, But Traders Turn To This Meme Coin With A 1,016% APY"},"content":{"rendered":"

The Sui price surged 9.6% in the last 24 hours <\/span>to trade at $1.51<\/span><\/a> as of 10:28 p.m. EST on trading volume that skyrocketed 34% to $928 million.<\/span><\/p>\n

SUI also soared 46% in the past week, a jump that made it the biggest gainer among major cryptos by market capitalization, according to <\/span>Crypto Bubbles<\/span><\/a>.<\/span><\/p>\n

\"Sui<\/p>\n

Sui Price On A Sustained Bullish Rally<\/b><\/h2>\n

The SUI\/USDT price analysis on the 4-hour chart shows that in August and early September, the Sui price bulls struggled to push the price above the $1.06 resistance.<\/span><\/p>\n

The $0.77 support allowed the price of Sui to form a double bottom pattern. In the last rounding bottom pattern, the bulls have used the support level to push the Sui price towards a sustained bullish rally.<\/span><\/p>\n

SUI price now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which now act as the immediate support levels at $1.179 and $0.095, respectively. The token trading above both the SMAs is also a confirmation of the bullish rally.<\/span><\/p>\n

Furthermore, the Relative Strength Index (RSI) also climbs towards the 70-overbought region, currently at 68, showing that the SUI is currently under intense buying pressure.<\/span><\/p>\n

The bullish run is also supported by the Moving Average Convergence Divergence (MACD) crossing above the neutral line.<\/span><\/p>\n

\"Sui<\/p>\n

SUIUSDT Chart Analysis (Source: Tradingview)<\/span><\/p>\n

Sui Price Prediction<\/b><\/h2>\n

According to the Sui price analysis, SUI is currently on a bullish run that the bulls aim to sustain. The RSI and MACD further support the positive trajectory as investors continue piling into the token.<\/span><\/p>\n

If the current momentum continues, SUI could soar even further, as the bulls currently target $1.84.<\/span><\/p>\n

In an inverse scenario, if the bears gain control of the price here, SUI could plunge to the $0.95 support level, coinciding with the 200-day SMA.<\/span><\/p>\n

Meanwhile, investors are rushing to buy the new meme coin Crypto All-Stars (STARS)<\/a> after it amassed over $1.46 million in its presale.<\/span><\/p>\n

ClayBro, a prominent crypto analyst and YouTuber with over 130K subscribers, calls $STARS a ”major opportunity” and says it has the potential to soar 10X after its launch.<\/span><\/p>\n