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Crypto Bears In Control: SUI Below Key MAs, FARTCOIN Forms Lower Lows—What’s Next?

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Here’s why Sui could repeat Solana’s 2021 rally this cycle

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Sui (SUI) is on a remarkable upward trajectory, exhibiting strong bullish momentum. On December 12, it surged to a new all-time high of $4.91, fueled by a 30% gain over 24 hours, making it one of the top-performing digital assets in the market. Despite a 4.5% pullback in the last 24 hours, SUI’s bullish trend remains intact, drawing comparisons to some of the most explosive rallies in cryptocurrency history, including Solana’s (SOL) meteoric rise in 2021. Notably, an Analysis by TradingShot , a prominent technical Analysis firm, highlights a striking resemblance between Sui’s current price action and Solana’s breakout pattern in 2020-2021.  Picks for you How much you’d have if you invested $1,000 in Bitcoin when Bill Gates said he’d short BTC 1 hour ago ...
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Over $83m flows into crypto market as liquidity unlocks

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According to the data provided by Token Unlocks, the market for cryptocurrency tokens saw a substantial injection of liquidity this past week that amounted to more than $83.38 million. The liquidity was divided over the following projects: SUI, OP, YGG, AGIX, ACA, GAL, and 1INCH. Unlocking a certain part of the total supply of tokens was a need for each one, and this requirement contributed to the volume as a whole. This week's cliff unlocks are over $83.38 m Highlight are $SUI & $OP$SUI 11.6% – $44.4 m $OP 3.8% – $31.9 m $YGG 3.9% – $2.8 m$AGIX 0.8% – $2.4 m$ACA 4.3% – $1.2 m$GAL 1.3% – $0.7 m#1INCH 0.01% – 20.6 k ( % Cir. supply ) Link ️ : https://t.co/8XoTR8tBPT pic.twitter.com/qX1L2uapvM — Token Unlocks (@Token_Unlocks) June 26, 2023 SUI, a layer 1 blockchain smart contract system, is one of the projects that has distributed tokens worth $44.4 million. This represents 11.6% of the total amount of tokens that are in circ...
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