Close Menu
AsiaTokenFundAsiaTokenFund
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
What's Hot

Post-maintenance mishap on Solana’s Backpack triggers incorrect futures orders, balance reports

July 3, 2025

Solana Price Analysis: Can Rising Institutional Demand Reverse Bearish Outlook?

July 3, 2025

Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum

July 3, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) YouTube LinkedIn
AsiaTokenFundAsiaTokenFund
ATF Capital
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
AsiaTokenFundAsiaTokenFund

SUI Price Triggers a Strong Rebound—Will it Form a New ATH at $3 in November? 

0
By on October 29, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
Share
Facebook Twitter LinkedIn Pinterest Email

The post SUI Price Triggers a Strong Rebound—Will it Form a New ATH at $3 in November?  appeared first on Coinpedia Fintech News

The SUI price has rebounded from crucial support, which hints towards the presence of the bulls over the platform. The price was consolidating above the local support after the drastic fall from the levels above $2. With the latest rebound, the SUI price appears to be primed to revoke a strong ascending trend that could not only elevate the levels close to its highs but form a new ATH above $3 in the coming days. 

After a remarkable 400% increase, it’s quite normal to witness the profits being secured and the price taking a moment to cool down. In the last 24 hours, the SUI price has moved by over 8% to rise above $1.88 while the trading volume surged from levels below $400 million to as high as levels close to $1 billion. Moreover, the data from the Artemis terminal suggests the SUI chain recorded the highest-ever net inflows, compared to the other chains. 

The chain recorded over $24.6 million in inflows compared to Arbitrum and Solana, which recorded $6.9 million and $8.3 million inflows respectively. Interestingly, Ethereum has experienced massive outflows over the past seven days, recording levels above $700 million. With the growing attention over the chain, the SUI price is expected to maintain a continued ascending trend and mark new highs very soon.

After the latest reversal, the technicals have switched in favour of the token. The RSI has triggered a bullish divergence, while the MACD displays a drop in selling pressure, which could display the possibility of a bullish crossover. The price defended the trend line after holding above 0.618 FIB levels and above to rise over the 0.786 FIB soon. The technicals suggest a bullish continuation with an ascending consolidation. 

Therefore, the SUI price is expected to remain consolidated above the gains for a while and further trigger a healthy rise to 1 FIB at the ATH and further push the price to 1.2 FIB at $3. 

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Post-maintenance mishap on Solana’s Backpack triggers incorrect futures orders, balance reports

July 3, 2025

Solana Price Analysis: Can Rising Institutional Demand Reverse Bearish Outlook?

July 3, 2025

Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum

July 3, 2025
Leave A Reply Cancel Reply

What's New Here!

Post-maintenance mishap on Solana’s Backpack triggers incorrect futures orders, balance reports

July 3, 2025

Solana Price Analysis: Can Rising Institutional Demand Reverse Bearish Outlook?

July 3, 2025

Ethereum Looks Strong Despite Volatility – $10,000 Price Target Gains Momentum

July 3, 2025

Ethereum News: 4 Bullish Signs Show ETH Price Might Be Ready to Explode

July 3, 2025
AsiaTokenFund
Facebook X (Twitter) LinkedIn YouTube
  • Home
  • Crypto News
    • Bitcoin
    • Altcoin
  • Web3
    • Blockchain
  • Trading
  • Regulations
    • Scams
  • Submit Article
  • Contact Us
  • Terms of Use
    • Privacy Policy
    • DMCA
© 2025 asiatokenfund.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.