bullish

Solana

Worldcoin

Daily

<ul class="wp-block-list">
 <li>Sui Network’s SUI has factored in an additional 2.26% price increase over the past day.&nbsp;</li>
 <li>The altcoin’s daily trading volume incurred a 5.58% dip as per CMC data.</li>
</ul>
The crypto market has gone bearish in the last 24 hours, having been influenced by Bitcoin’s returning to the $68K level. The overall crypto market cap has dipped by 0.76% while its daily trading volume shows a 12.89% surge. Meanwhile, within the altcoin sectors, several cryptocurrencies have taken a bullish turn.&nbsp;
Notably, <a href="https://thenewscrypto.com/worldcoin-moves-12m-worth-wld-to-5-market-makers/" target="_blank" rel="noopener noreferrer nofollow">Worldcoin</a> and SUI, two altcoins that incurred recent price drops have shown signs of recovery in the past few days. Specifically, SUI has factored in an additional 2.26% price increase in the last 24 hours. In the Asian morning hours of November 4, the altcoin was trading at $1.85 after which it surpassed the $1.9 level.&nbsp;
The altcoin incurred the aforementioned dip during the middle of October which then sustained for almost 10 days. At the time, SUI returned to the $1.6 level, its previous trading level before the bull run.&nbsp;
However, in the last few days, the cryptocurrency has begun to show bullish signs again and momentarily surpassed the $2 level. At the time of writing, SUI was trading at $1.93 as per CMC <a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="noopener noreferrer nofollow">data</a>. Additionally, the altcoin’s <a href="https://www.tradingview.com/x/2apKmmfn/" target="_blank" rel="noopener noreferrer nofollow">RSI</a> indicates a neutral market sentiment standing at 50.91 after briefly leaning towards an oversold situation.&nbsp;
<h3 class="wp-block-heading" id="h-will-sui-reach-new-price-levels-nbsp-nbsp-nbsp">Will SUI Reach New Price Levels?&nbsp;&nbsp;&nbsp;</h3>
Inferring to SUI’s technical indicators, the altcoin shows positive signs. Its short-term 9-day MA stands close to the 21-day MA exhibiting potential for a bullish crossover as per TradingView <a href="https://www.tradingview.com/symbols/SUIUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow">data</a>. In case of a continued bull run, SUI might face resistance at $1.99 and $2.14.&nbsp;
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXeLNI1MIgJuZJ5wT1VAHrBwPt1P7ki0biCjE9CQGH6iW7ZMoiJBr6GD9zgVa3958MDmdwGdd_8018lag9I6uCR6AMH8V-RgXeQ9V1xFIyYqP64gvteUMRwJ81pAzg80zSHRKnbynD4HowQT6GHIBzBvpV4?key=Iajr4A7QofkjI3llet8MeGM5" alt="">
 <figcaption class="wp-element-caption">SUI/USDT Daily Price Chart (Source: <a href="https://www.tradingview.com/symbols/SUIUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)
 </figcaption>
 </figure>
</div>
Additionally, SUI’s bull power indicator value stands at 5.45 while its bear power indicator value stands at 2.61. This suggests a positive sentiment for the altcoin and thus it can be expected to sustain the bull run. The price levels have also been inching closer to its PATH at $2.36.&nbsp;
Meanwhile, other altcoins such as <a href="https://thenewscrypto.com/ethereum-price-drops-further-amid-surging-market-selloffs/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> and Solana continue to combat consolidation or modest gains over the past few days.&nbsp;
Highlighted Crypto News Today:&nbsp;
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Is SUI Rooting for New ATH As Bull Run Resumes Post Price Dip?

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