What crypto news involve the coins Sui (SUI), Celestia (TIA), and Pancakeswap (CAKE)? Let’s see below the latest updates along with an overview of current prices and future forecasts.
SUI: double top pattern and growth prospects
The daily price chart of the crypto SUI shows the formation of a double top pattern, highlighted by the failure to close above the previous high and the subsequent price decline.
Currently, the price is near the recent high, suggesting bullish prospects in the short term.
The long-term trend further supports buyers, as SUI is following a bullish trajectory. Additionally, the daily chart shows a bullish crossover of the EMA, indicating a strong prevailing trend.
At the time of writing, the RSI stands at approximately 57.98, while the SMA line is at 63.37. The RSI has recorded a bearish crossover with the SMA line, indicating short-term bearish sentiments.
The price forecast for the cryptocurrency SUI in 2024 reflects optimism among analysts, predicting a m
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