FTX Token

SushiSwap

<ul><li>Spot On Chain reports a 12% decline in $SUSHI price due to FTX and Alameda Research moving 2.732M $SUSHI to Binance.</li><li>SushiSwap&#39;s price analysis reveals a downtrend with a current RSI of 35.16, hinting at potential oversold conditions.</li><li>Indicators like the MACD and EMA suggest SUSHI may face further declines, with resistance levels posing significant challenges.</li></ul>Spot On Chain, an onchain analytics firm,  recently reported a significant drop in the $SUSHI price, exceeding 12% within 24 hours. This sharp decline might be linked to FTX and Alameda Research wallets. They reportedly deposited a substantial 2.732M $SUSHI, valued at approximately $3.90M, into <a href="https://cryptotale.org/?s&#61;Binance" rel="noopener noreferrer nofollow">Binance</a>. This action took place around three hours ago, potentially hastening the price fall by an additional 4%. The crypto community is buzzing with speculation over these developments.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/ada67dde8997410d87f95a55d9b6106b.png" />Moreover, the latest data indicates a continuing downward trend for SushiSwap. At press time, it trades at $1.40, a 6.64% dip in the last day. An analysis of SUSHI&#39;s daily price chart on TradingView reveals a series of red candlesticks. This pattern signifies a persistent downtrend. Presently, the price hovers near 1.397. Consequently, the Relative Strength Index (RSI) is at  35.16 suggesting that <a href="https://cryptotale.org/breaking-sushi-approaches-key-resistance-amid-market-uptrend/" rel="noopener noreferrer nofollow">SUSHI</a> may soon enter oversold territory.<a href="https://cryptotale.org/sushi-price-tumbles-over-12-amid-ftx-and-alameda-moves/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

SUSHI Price Tumbles Over 12% Amid FTX and Alameda Moves

CryptoTale

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