{"id":592957,"date":"2024-10-30T08:04:55","date_gmt":"2024-10-30T08:04:55","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=592957"},"modified":"2024-10-30T08:04:55","modified_gmt":"2024-10-30T08:04:55","slug":"sui-price-prediction-sui-soars-10-but-experts-say-consider-this-layer-2-pepe-for-parabolic-gains","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/sui-price-prediction-sui-soars-10-but-experts-say-consider-this-layer-2-pepe-for-parabolic-gains","title":{"rendered":"Sui Price Prediction: SUI Soars 10%, But Experts Say Consider This Layer-2 PEPE For Parabolic Gains"},"content":{"rendered":"

The Sui price surged 10% in the last 24 hours <\/span>to trade at $2.08<\/span><\/a> as of 00:31 a.m. EST on trading volume that rose 36% to $1.7 billion.<\/span><\/p>\n

Sui Price Gearing Up Towards A Sustained Bullish Rally<\/h2>\n

According to data from <\/span>GeckoTerminal<\/span><\/a>, the Sui price movements since March have formed a cup-and-handle pattern, with the bulls finding enough support around the $0.63 level.<\/span><\/p>\n

Meanwhile, the price of Sui has crossed above both the 50-day and 200-day Simple Moving Averages (SMAs), which is an affirmation of the bullish stance.<\/span><\/p>\n

Additionally, on the 4-hour chart analysis, the Relative Strength Index (RSI) is rebounding to currently trade above the 50-midline level, showing that the asset may be picking up some bullish pressure.<\/span><\/p>\n

If the SUI price bulls capitalize on the cup and handle pattern and the SMAs, the price of Sui could continue soaring. Moreover, the 50-SMA is crossing above the 200-day SMA, which forms a golden cross around $1.12. In this scenario, the Sui price could keep rising, as they target $3.70.<\/span><\/p>\n

\"Sui
SUIUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n

Conversely, if the bears take charge of the price at this level, SUI could plunge back to the 200-day SMA at $1.13.<\/span><\/p>\n

Meanwhile, investors are going all-in on new meme coin rival<\/span> Pepe Unchained ($PEPU)<\/span><\/a>, which aims to emulate and surpass the success of its predecessor, PEPE.<\/span><\/p>\n

According to 99Bitcoins, a leading crypto YouTube channel with more than 706k followers, Pepe Unchained could be the next meme coin to deliver 100x returns.<\/span><\/p>\n