Sui (SUIUSD) Price Forecast: September 24
Today, the Sui market shows fundamental growth above the supply levels, driven by bullish market trends and investors’ confidence. The crypto’s rising momentum signals further potential gains in the crypto space as it keeps growing. Meanwhile, if the coin price could sustain above the pattern supply trend line, the coin price may trigger up to the overhead resistance mark at the $1.800 level, suggesting a strong buying opportunity for the coin traders.
Key Levels:
Resistance Levels: $1.300, $1.400, $1.500
Support Levels: $0.800, $0.700, $0.600
SUI (USD) Long-term Trend: Bullish (Daily Chart)
The SUIUSD pair shows fundamental growth with increased investors’ confidence and a positive market outlook in its higher time frame. The coin price continues to make higher highs and higher lows above the moving averages towards the overhead resistance levels, indicating a high bullish growth.
The persistent bullish pressure to the $1.512 resistance level in the past session has made it possible for the coin to show fundamental growth and remain strong above the supply levels in its recent high.
Today, the Sui market shows fundamental growth to a $1.559 high level above the EMA-50 with a continued bullish trend as the daily chart opens, suggesting a positive market outlook.
Hence, a possible retest to the $2.181 barrier level is possible soon, if the bulls add more efforts to their buying aims, as the SUIUSD price shows fundamental growth.
Next, the Sui price points upwards on the daily stochastic, suggesting further growth and a bullish continuation pattern, driving the coin price towards the $1.800 upper high level in the days ahead as it shows fundamental growth in its higher time frame.
SUI (USD) Medium-term Trend: Bullish (4H Chart)
The SUIUSD pair shows fundamental growth due to the high bullish impact on the crypto in the medium term. The price currently trades above the moving averages with high volumes from the bulls, affirming its bullish trend.
The bulls’ action to a $1.498 high value in the last session has enabled the coin price to show fundamental growth above the moving average in its recent high.
The market value of Sui has experienced a significant surge in value today, as the crypto shows a fundamental growth to a $1.559 resistance level above the moving averages as the 4-hourly session opens, signaling renewed bullish sentiment.
Therefore, if the bulls should increase their price action and bullish momentum is sustained above the $1.592 resistance trend lines, further bearish sentiment will be hibernated.
In addition, with the daily stochastic pointing upwards, more bullish action is expected and the price of SUIUSD might surge to reach the $1.800 upper high level soon, as the coin price shows fundamental growth in its medium-term outlook.
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