SUI/USD: Bulls in Control with Eyes on $0.65
In the past 24 hours, Sui (SUI) has seen an impressive surge driven by bullish momentum, lifting the price from an intraday low of $0.5405 to a peak of $0.6018. Should the price manage to break through the $0.6018 resistance level, the next target lies at $0.6500. This positive trajectory suggests SUI could continue its upward trend, drawing more investor interest.
However, any potential retracement could find support around $0.5900 before another potential rally. At present, SUI holds a valuation of $0.5837, signifying a notable surge of 7.88% from its intraday low.
This upward movement is evident in the robust increase of 7.82% in SUI’s market capitalization and an impressive 18.75% surge in its 24-hour trading volume, propelling these figures to $422,139,298 and $209,373,794, respectively.
LDO/USD: Lido DAO Targets $1.65 Amid Increasing Interest
Lido DAO (LDO) bulls swiftly reversed a bearish trend in the past 24 hours, pushing the price from $1.51 to an intra-day high of $1.60 before settling around $1.58. The next resistance target for LDO/USD stands at approximately $1.65, with potential support at $1.55.
Notably, the surge in LDO’s market capitalization and 24-hour trading volume by 5.01% and 3.98% respectively, to $1,401,856,843 and $62,121,300, underscores growing interest and activity in LDO trading. This rise indicates a heightened level of confidence in LDO as an attractive investment opportunity.
XMR/USD: Monero Bulls Aim to Breach $144.86
Monero (XMR) has enjoyed a bullish surge, propelling the price to a 24-hour high of $144.86 before encountering resistance. Notably, the bulls established support at an intra-day low of $138.80, demonstrating resilience and potential for further upward movement.
The increase in XMR’s market capitalization and trading volume by 4.39% and 22.46%, now totaling $2,647,245,247 and $77,523,495 respectively, strengthens the bullish sentiment.
Moreover, a successful breach of the $144.86 resistance could pave the way for a test of the $150.00 level, historically a robust psychological barrier that could stimulate increased buying activity. Conversely, if the support at $140.00 is breached. It may indicate a shift in sentiment and trigger a potential downward trend.
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