Sui Price Prediction: SUI Top Trend Soars 6% in CoinMarketCap Community as Traders Use This 2.0 Cryptocurrency for Potential 100X ROI.

adminApril 2, 2024

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Sui price has surged 6% in the last 24 hours. Traded for $2.01 As of 9:07 a.m. EST, trading volume had surged 125% to $473 million.

This surge coincides with SUI’s rise to become one of the most popular coins on coinmarketcap, surging 20% last week to a market capitalization of $2.6 billion.

Sui price breaks bull rally above symmetrical triangle.

at the price

SUIUSDT Analysis by Tradingview

Sui price is in an upward trend, breaking out of the consolidation channel, forming a symmetrical channel as a buying surge begins at the $1.54 support level.

Despite a slight decline at resistance $1.89, the bulls showed resilience and pushed the Sui price to a new high of $2.18.

The price is trading above the 50-day and 200-day simple moving average (SMA), indicating positive sentiment along with a golden cross at $1.61.

The relative strength index (RSI) also rose from the midline of 50 to 61, toward the overbought level, indicating strong buying pressure.

Sui Price Bulls Aim for New Highs

Sui prices remain bullish as they are expected to hit new highs by the end of April. but, If the bears intervene, there is a risk of selling at the protective support zone of $1.85.

Meanwhile, investors are now focused on SpongeV2, which experts believe has the potential to skyrocket 100x after launch.

A promising alternative for 100x returns

Sponge V2 Thanks to the success of its predecessor, Sponge V1, it is attracting attention as there is a possibility of a significant price increase. In May 2023, Sponge V1 experienced remarkable growth, achieving a 100x return on initial investors and reaching a peak market capitalization of $100 million.

never fade $sponge Gold🧽︎#SpongeV2 #Cryptocurrency #web3 #how #Binance #OKX #stress #100x pic.twitter.com/hkRjRfuqGq
— $SPONGE (@spongeoneth) March 29, 2024

Traders have the opportunity to earn passive income through tokens. By purchasing and staking V2 tokens, investors can potentially earn returns of up to 378% on the Polygon network and 169% on the Ethereum network.

The platform plans to launch a play-to-earn racer game that will be available in both paid and free versions. In the paid version, SPONGE is used as in-game credits, and rewards are also given in Meme Coins.

🌟 Larger exchanges will be added soon. #P2E public works, #SpongeV2 It’s about to get bigger and better than ever!
We are not here to participate, we are here to replace! 🧽︎
$sponge #Cryptocurrency #web3 #how pic.twitter.com/BlGZhYKjoe
— $SPONGE (@spongeoneth) March 27, 2024