The price of Sui has risen by 10%. ATH is in front

The price of Sui has risen by 10%. ATH is in front of us, because the bull market dominates the market?

With the confirmation of further growth in technical indicators, the price of Sui rose with the increase of bullish impulses and market interest, indicating that potential growth has reached the maximum value in history.

The price of the famous level 1 blockchain Sui (SUI) is experiencing a significant upward trend. SUI tokens have risen sharply recently, showing a strong bullish momentum. Starting from the critical support level of about $1 in mid-September, the asset reached the key resistance level. This extraordinary price dynamic strengthens Sui's position in the market and makes it a hot topic for traders and investors.

The rise in the price of Sui indicates the potential growth of the market:

The price trend of Sui has attracted great attention from traders and investors, and many people expect further growth in the coming months. This optimistic forecast is supported by the 15% confidence growth last week and the amazing 125% growth last month.

These achievements raised the Sui Dynasty to the highest point in history. With the wider cryptocurrency market, the enthusiasm for Sui is also growing. Bitcoin's stability at $65,000 also strengthens other digital currencies, indicating that the industry has more significant growth potential. This positive mood shows Sui's bullish trend.

Sui price is expected to grow by 17%: Is the rebound sustainable?

The price of Sui rose sharply today, up 11.40%, and closed at $1.83. This increase was after a period of fluctuation, when the price fell to $1.62. The currency reached a peak of $1.84, slightly lower than the historical high of $2.18 reached six months ago.

Since last year, Sui has grown significantly, rising by more than 400% from a record low of $0.3643. The recent growth trend highlights the volatility of the cryptocurrency market and investors' interest in Sui.

Level 1 blockchain faces obvious resistance to $2. With the favorable change of market dynamics, the asset may grow to $2.1. Reaching $2.18 is his historical peak, which is nearly 17% higher than his current position.

The daily technical indicators of Sui price show a steady upward trend. The Relative Strength Index (RSI) emphasizes this growth, and the current value is 79, which indicates that Sui's potential overbought. The convergence and divergence of the moving average (MACD) enhances the bullish sentiment and shows a strong divergence above the signal line.

According to Coinglass, the SUI futures market has experienced a sharp surge in public interest, reflecting the increase in trading activities and interest in assets. These data highlight the rapid growth of SUI prices and outstanding interest from the beginning of August to the end of September. The increase in trading volume shows that investor confidence has increased and speculation in the futures market has increased.

Sui's bullish price trend is supported by strong technical indicators and increased trading activities. This positive impulse may cause it to reach a historical maximum soon. The overall mood of the market is optimistic, which shows that the value of Sui will rise further.