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SUI RETESTS ALL TIME HIGH AS SUPPORTI shared the breakout on this coin yesterday. Price continued up significantly, to around $2.18. Breakout traders were rewarded, but the safer strategy is always to wait for a retest of the previous resistance as support - in this case the previous all time high. That came overnight, with a PERFECT tap of support at $1.97. There are no guarantees in trading, but a flip of resistance to support at an all time high is about as good as it gets. If you were waiting yesterday or set bids around that line, then you filled and are in a decent spot.
Long
by ScottMelker
SUI Reaches New All -Time- High Amidst Revolut Partnership In a groundbreaking collaboration set to redefine the landscape of blockchain education and adoption, Sui ( NYSE:SUI ) and Revolut have joined forces to empower millions of users worldwide with the knowledge and tools to navigate the burgeoning blockchain ecosystem. The strategic partnership between Sui, a leading Layer 1 blockchain platform renowned for its performance and scalability, and Revolut, a global fintech behemoth with a massive user base exceeding 40 million, heralds a new era of innovation and accessibility in the realm of decentralized technologies. At the heart of this landmark initiative lies Revolut's Learn program, a cornerstone of the fintech giant's commitment to democratizing financial education. By integrating Sui's educational content into the Learn program, Revolut users will gain unparalleled access to comprehensive resources designed to deepen their understanding of blockchain technology. This strategic integration not only enhances Revolut's value proposition but also serves as a catalyst for driving widespread blockchain adoption among mainstream audiences. Greg Siourounis, Managing Director of the Sui Foundation, hailed the partnership as a pivotal moment in the journey to democratize access to blockchain technology. "This landmark partnership with Revolut represents a significant milestone in the mission to bring Sui's innovative Web3 technologies to bear solving real-world challenges for new audiences," remarked Siourounis. "By joining forces with Revolut, we have a chance to introduce millions of users to Sui, the fastest-growing ecosystem in crypto, and one which is providing the technological underpinnings that will enable businesses to build working solutions and empowering individuals to access those products and services seamlessly." The integration of Sui's educational content into Revolut's Learn program is poised to catalyze a paradigm shift in blockchain education, attracting a new wave of users eager to explore the transformative potential of decentralized technologies. This strategic alignment not only accelerates Sui's growth trajectory but also reinforces Revolut's commitment to providing its users with access to the latest advancements in financial technology. Kotryna Baldovskaja, Crypto Global Business Development Manager at Revolut, underscored the significance of the partnership in advancing financial literacy and blockchain adoption. "Our collaboration with Sui underscores Revolut's commitment to providing our users with access to the latest advancements in financial technology," stated Baldovskaja. "By integrating Sui's educational content into our Learn program, we aim to equip our users with knowledge about one of the most impressive technological breakthroughs we've seen in crypto and the countless opportunities that lie within the Sui ecosystem." As Sui and Revolut embark on this transformative journey, the global blockchain community eagerly anticipates the ripple effects of this partnership. With a shared vision of empowering individuals and businesses alike through blockchain education and adoption, Sui and Revolut are poised to shape the future of decentralized technologies and drive meaningful change on a global scale.
Long
by DEXWireNews
SUI MAKES NEW ALL TIME HIGHThis is as simple as it gets. SUI just cracked the all time high, set in the middle of February. Indicators look good, the 50 MA is support and curling up. The 200 MA is also heading up, both signals of a bull market. A close above $1.974 would be extremely bullish - a blue sky breakout into price discovery. Bulls want to avoid a daily candle closing with a wick above this level and a close below. As you can see, we have a rounding pattern since the first all time high was sent - a cup. If we now form a bull flag at resistance, we would have a cup and handle - just an idea if we see price rejected here at the highs. I am keeping a close eye on this.
Long
by ScottMelker
Fractal Patterns: SUI Coin This post represents a theoretical analysis aiming to demonstrate how a fractal operates within the structure, using the example of the SUI coin. The SUI coin exhibits a remarkable market dynamic. Prices regularly revert to their peak values. This phenomenon is not only explained by technical analysis of charts but also has fundamental foundations. The project itself resembles other blockchains (such as aptos, sol, among others) that also show growth. In the case of a bull market, SUI is one of the leading projects in terms of market capitalization and trading volumes, despite its continuous development. I have overlaid a visual fractal of the SEI coin on the chart. Similar movements and price trends confirm the strength of fractal patterns in this market.
Long
by CHOWTRADE
SUI/USDT | 1W 👀I think the upward movement will continue regardless of Bitcoin corrections, as volumes from buyers start coming into the coin. The Sui Network is a very promising and rapidly growing project with a large and constantly increasing number of part-time developers who work on outsourcing. - Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Sui. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Sui #Investment #SUI
by Nyskohuz
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