SUI Preparing For Another Leg Up – Is $5 The Next Target?

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SUI Preparing For Another Leg Up – Is $5 The Next Target? - NewsBTC

Quick Summary:

However, he warned that the smaller impulse after a bigger one is "usually a sign of weakness.” Related Reading: Bitcoin Price Nears Record Highs: Are We Headed For A $120,000 Breakout For its next jump, the altcoin must break through the range’s upper boundary, around the $4.00 mark, before continuing its rally.

This time, SUI closed above the $3.78 mark two weeks ago and confirmed it as support last Sunday after closing the week at $3.94, which could suggest that a breakout to a new high is coming.SUI’s Rally To $5.00 Loading?

At the time, the cryptocurrency consolidated around this range’s upper boundary for weeks before Weekly Closing above this level and retesting it as support to confirm a breakout towards a new ATH.