Ethereum

Major

Solana

Bitcoin

<a href="https://yellow.com/asset/sui">Sui</a> has rapidly gained attention as a formidable competitor in the cryptocurrency arena since its debut in mid-2023. With impressive technological advancements, it poses the question: how high can SUI climb? 
The weekly SUI/USD chart <a href="https://cryptodaily.co.uk/2024/12/sui-sui-continues-rampage-takes-on-all-comers">demonstrates</a> a significant parabolic surge. Following a successful breakout from an earlier cup and handle pattern, the $SUI price seems poised to approach the 2.618 Fibonacci level. Observers anticipate possible price consolidation at this juncture, eyeing the longer-term target of the 3.618 Fibonacci mark at $6.70. 
Remarkably, SUI is outperforming <a href="https://yellow.com/asset/btc">Bitcoin (BTC)</a> in the current bull market, a feat achieved by few cryptocurrencies. The monthly SUI/BTC chart showcases strong support at 0.000035 BTC, with the digital currency making notable gains against Bitcoin. 
Against <a href="https://yellow.com/asset/eth">Ethereum (ETH)</a>, SUI's performance is even more significant. The SUIUSD/ETHUSD pairing exhibits a substantial breakout from a resistance level of 0.0007 ETH, culminating in a 78% gain for SUI. 
Lastly, Sui's movement against <a href="https://yellow.com/asset/sol">Solana (SOL)</a> offers further intrigue. On the biweekly chart, SUI is overcoming a downward trend and appears to be on track to reach the resistance level of 0.0245 SOL, with further resistance levels indicated on the chart.

SUI Maintains Momentum, Outperforms Major Cryptocurrencies

Yellow News

Other articles published on Dec 13, 2024

Best Altcoins to Invest in for Short Term as Qubetics Sells 318M Tokens, AAVE’s TVL Climbs 17%, a...

Sonic L2 Network Announces Plans to Allocate Portion of its Upcoming Token Airdrop to Some Solaye...

13 Million RLUSD Ready to Hit Market After Ripple’s Fresh Minting: Details

Trump team seek ways to slim or abolish banking regulators: WSJ

Chainlink Partners with 21X to Launch First EU-Regulated Tokenized Securities Market

Grayscale Opens Another Surprise Altcoin to Exclusive Investors

Join our free newsletter for daily crypto updates!