Coin

<ul class="news-points"> 
 <li><strong>Crypto analyst tweeted that SUI has broken the trend of making lower highs.&nbsp;</strong></li> 
 <li><strong>SUI token is up by 17% in the last seven days and is trading inside a falling wedge.&nbsp;</strong></li> 
 <li><strong>The token may retrace before it spikes and reaches the resistance levels above.</strong></li> 
</ul> 
<p>A Crypto Analyst by the pseudonym Woetoe tweeted that the <a href="https://coinedition.com/tag/sui-sui/">SUI token</a> has broken the trend of making lower highs. With the trend overturned, the analyst expects a spike in SUI tokens. According to his expectations, the minimum spike would be $0.622&nbsp; while the next higher price would be $0.770. $1 is the maximum hike that Woetoe expects SUI to reach.&nbsp;</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Update on <a href="https://twitter.com/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SUI</a>.<br><br>Managed to break the long downtrend. Now let's see some strength! <a href="https://t.co/9sIcYrhdSC" target="_blank" rel="nofollow">https://t.co/9sIcYrhdSC</a> <a href="https://t.co/ESyLKYx42i" target="_blank" rel="nofollow">pic.twitter.com/ESyLKYx42i</a></p>— Woetoe (@cryptowoetoe) <a href="https://twitter.com/cryptowoetoe/status/1718941227570114895?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">October 30, 2023</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The below chart shows the <a href="https://coinedition.com/sui-price-prediction/">SUI token’s price</a> movement for the past seven days. SUI has had some jagged movements and was trading at $0.3997 after the markets opened for trading. SUI was heavily reliant on the support just above $0.42 during the first five days of trading, where it fluctuated between $0.42-$0.46.&nbsp;</p> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img decoding="async" src="https://lh7-us.googleusercontent.com/DUxEbNFBl2Ars_PHZY-qLTcA9PG_KNRWtMmeYHdHoXPngOE_yJwIJtkJOMso1X8A3WOg4sPPzfUsWr2eNYUjg9C7zLMNMw9aczb0ykaJoEzEsveNwojO986BsIAjfwWZCjI5Zj5e4ofupGuvEIB84xI" alt="">
  <figcaption class="wp-element-caption">
   <em>SUI/USD 1 Week Chart Source: <a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="nofollow">CoinMarketCap</a></em>
  </figcaption>
 </figure>
</div> 
<p>Currently, the SUI token is trading at $0…</p>
<p>The post <a rel="nofollow" href="https://coinedition.com/sui-breaks-the-lower-highs-trend-is-this-a-sign-of-a-bull-run/">SUI Breaks the Lower Highs Trend, Is this a Sign of a Bull Run?</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

SUI Breaks the Lower Highs Trend, Is this a Sign of a Bull Run?

Coin Edition

Other articles published on Oct 30, 2023

Only 3 Days Left Before MK Price Increases, Meme Kombat Presale Attracting Hordes of Investors

Ethereum Whistleblower Shares Bullish Expectations For XRP Price

SIT Operations Lead To Arrest of Key Suspect in Crypto Scam in India

Crypto funds see largest weekly inflows in more than a year: CoinShares

X has lost more than half its value since Elon Musk bought it last year

Gemini hunts for Genesis’ GBTC shares to repay all Earn claims

Join our free newsletter for daily crypto updates!