The post Will Sui Break $4 or Will It Fall Back To $2.3? appeared first on Coinpedia Fintech News
Sui has been attracting investors’ interest. As Bitcoin made a new all time high, sui followed to do so. Since the US election Sui has surged by 118% creating a new all time high. To understand what has been happening with this altcoin and what is next, let’s explore the charts.
Sui’s Journey to ATH
Since August, Sui has given 760% returns to its believers. It has been among the altcoins with best returns this year. For around a month it has been moving in a confined zone between $1.84 and $2.37. Along with Bitcoin and other alts, Sui also surged during the US election. A few hours ago, it created a new all time high at $4.04. However, it has been cold since then, moving very little. RSI in 4 hourly chart, is at 65.67 and is rising. Same goes for Average Directional Index. It has risen to 25.32. These two indicators hint at further upwards movement.
Metrics Giving Wa
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