SUI, Apecoin, Solana Price Analysis: Crypto Top Gainers in October 2024
The Relative Strength Index (RSI), currently at 44, implies that bearish pressure has waned, offering room for bullish momentum if demand rebounds. For a strong upward move, SUI would need to break above its immediate resistance at $2.00. Should this level be cleared, the next significant resistance is located around $2.35, the recent all-time high. A successful push past $2.35 could set the stage for a rally toward $2.5, representing a new record high for the token.
On the downside, if SUI fails to maintain the critical $1.5 support, it could signal further losses, potentially pushing the price toward $1.3. Maintaining support above $1.5 is crucial for SUI to attract renewed bullish interest and attempt…