SushiSwap price prediction for today, February 27th

adminFebruary 27, 2024

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SushiSwap price prediction shows that SUSHI price may break further resistance levels if buyers increase the bullish movement.

Exploring SushiSwap (SUSHI) Investment – Comprehensive Guide

According to the daily chart, SUSHI/USD is hitting new daily highs as the coin moves higher and trades close to the $2.00 resistance level. However, the daily chart shows the coin trading at $1.82, with a bullish movement centered around the upper boundary of the channel. Meanwhile, if the stock falls below the 9-day moving average and the 21-day moving average, sellers may try to return to the market, but bulls are likely to raise more money from falling prices.

SushiSwap Forecast Statistical Data:

Current SushiSwap price – $1.54
SushiSwap market capitalization – $357.5 million
SushiSwap Circulating Supply – 232 million
SushiSwap total supply – 250.2 million
SushiSwap CoinMarketCap Ranking – 171st

SUSHI/USD Market

Main level:

Resistance levels: $2.30, $2.50, $2.70

Support levels: $1.10, $0.90, $0.70

SushiSwap Price Prediction for Today, February 27 - SUSHI Technical Analysis — SUSHIUSD – daily chart

SUSHI/USD looks set to hit a new daily high as the price of the coin rises and trades close to the $2.00 resistance level. However, SushiSwap (SUSHI) is currently trading at a bullish $1.82 centered around the upper boundary of the channel. Meanwhile, if the coin falls below the 9-day moving average and the 21-day moving average, sellers may try to return to the market, but bulls are likely to raise more money due to the falling price.

SushiSwap Price Prediction: SushiSwap Price Is Ready to Go Higher

SushiSwap price can sustain its upward trend only if the newly touched $1.87 resistance level is maintained at all costs. At the time of this writing, the 9-day MA remains above the 21-day MA, creating more bullish signals in the market and thus encouraging more buyers to enter the market. However, SushiSwap (SUSHI) may continue its upward trend as soon as the coin crosses the upper boundary of the channel.

Nevertheless, as long as the red line of the 9-day MA remains above the green line of the 21-day MA, the coin may continue to perform well and the price of SushiSwap may reach the resistance levels of $2.30, $2.50, and $2.70. each. Meanwhile, if technical indicators decide to take a quick turn south, there could be a slight bearish pullback that could push the market down to support levels of $1.10, $0.90, and $0.70, respectively.

SUSHI/BTC is going strong.

Compared to Bitcoin, SushiSwap price is hovering above its 9- and 21-day moving averages, reaching a daily high of 3672 SAT. However, if buyers increase buying pressure within the channel, the bulls may continue to dominate the market.

Also, as seen on the daily chart, potential resistance levels are above 4000 SAT, but a sustainable move lower may lead to cancellation of the bullish pattern and the next focus will be on the support level of 2500 SAT, which could attract new sellers coming into the market. And below.

@ZAYKCharts recently shared exciting news with his extensive following of over 18,000 on This surprising upward trend reflects the continued power of the bullish wave driving SushiSwap forward. Join the conversation with $SUSHI today and join the wave of success! 🚀📈

$sushi +30% profit achieved so far🔥
The bullish wave continues📈#episode #SUSHIUSDT #Cryptocurrency https://t.co/SNuHWkXWhm pic.twitter.com/7MVPgLgBDZ
— ZAYK Charts (@ZAYKCharts) February 24, 2024

Alternatives to SushiSwap

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