The best crypto presales allow early investors to buy new tokens at lower prices before they are listed on exchanges. Crypto Presales are usually held ahead of the initial coin offering (ICO) and can benefit developers and early-stage investors. Presales allow developers to raise funds for project development, marketing, and future partnerships. On the other…
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The collapse of the $10 billion crypto hedge fund 3AC sent shockwaves through the cryptocurrency market in 2022.
The crypto market thrives on comebacks and SUI is no exception. Once again, the token is making waves as it rebounds from the key $2.8 support level, reigniting bullish optimism in the market. This level has proven to be a crucial battleground, with buyers stepping in to defend it multiple times. Now, with renewed momentum, traders are watching closely to see if SUI can finally break through key resistance levels and turn this comeback into a sustained rally. The price action suggests growing confidence among bulls, but challenges remain as sellers continue to put pressure at higher levels. A decisive move above resistance could open the door for a stronger push upward, potentially setting the stage for a fresh bullish trend. On the other hand, failure to maintain this strength might lead to another pullback, keeping SUI trapped in its consolidation phase. Bullish Momentum Builds, Will Buyers Finally Take Control? SUI is showing signs of renewed bullish momentum as buyers step in to defend the crucial $2.8 support level. After multiple attempts to push higher, the price action suggests that positive sentiment is gradually strengthening. Furthermore, this growing strength could catalyze a break through key resistance levels and establish a more sustained uptrend. Related Reading: SUI Rally Eyes Double-Digits: VanEck Analyst Forecasts $16 Price By Year-End Technical indicators are beginning to reflect this shift in sentiment. Currently, the price is climbing toward the 4-hour Simple Moving Average (SMA), signaling increasing buying interest, while the MACD hints at a possible bullish crossover. If buyers sustain this momentum, SUI may break above crucial resistance and trigger a stronger move toward higher price levels. Despite this positive setup, the battle isn’t over yet. Bulls must maintain control and push through key resistance barriers to confirm a trend reversal. If successful, SUI would establish a more stable uptrend, attracting further interest and paving the way for a breakout. Key Levels To Watch As SUI Eyes A Breakthrough As SUI continues to gain upward pressure and eyes a potential breakout, several price levels become crucial in determining its next move. Understanding these key levels can help investors navigate the market and make informed decisions. Related Reading: SUI Strong Resilience Play: Price Push Past $3.9 Resistance On the upside, the $3.5 resistance level is the first key barrier to overcome. A break above this level can fuel a stronger rally, bringing the next major resistance at $3.9. Should bulls manage to push past these hurdles, SUI could target $4.9 and $5.3, signaling a major shift in market sentiment. Meanwhile, traders are also watching momentum indicators like the RSI and MACD, which are showing signs of improvement. A bullish breakout would require strong volume and sustained buying pressure to confirm a trend shift. As SUI eyes a possible breakout, the next few trading sessions will be critical in confirming bulls’ full control of the market. Featured image from YouTube, chart from Tradingview.com
Key Takeaways: Metaplanet’s Bitcoin-focused strategy propelled its stock price by more than 4,000%. Japanese retail investors’ participation through NISA accounts drove the stock surge to this range. Bitcoin’s continued growth remains the key driver of the company’s future. The pro-crypto political climate is making waves worldwide. One Japanese hotelier who boldly pivoted to Bitcoin is…
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Hey, I've been doing some research on the history of money and how money works and all that fun stuff, and I just had this question like a few minutes ago in my head that I want an answer for, but before my question I just want to link this from the wikipedia: "Executive Order…
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The government of El Salvador has continued buying bitcoin despite the deal reached with the International Monetary Fund (IMF) in December. According to the National Bitcoin Office, in the last 7 days, Bukele’s administration acquired 18 BTC, with its total reserve reaching 6.073 BTC, nearly $584,000. “Stacked again,” the organization posted on social media, reinforcing […]
This is only the second time Ether’s daily transaction fees have fallen below $1 million since November 2020.
Bitcoin digests tariffs, sell-offs and more as BTC price action clings to the center of its three-month range.
The best meme coins are cryptocurrencies that began as jokes but now gained massive popularity, community, and some real-world value. Today, many new coins hitting the crypto world, and finding the next meme coin to explode requires deeper research. The top criteria to decide the best meme coins are community engagement, liquidity & exchanges, tokenomics,…
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South Korean lawmaker Kim Nam-kuk was acquitted of charges related to concealing crypto holdings, with the court ruling that he was not required to disclose virtual assets.
