Bullish Trio: SUI, LDO, and XMR Emerge as Top Gainers

With strong buying pressure and positive market sentiment, SUI has the potential to continue its upward trend and attract more investors. However, a retracement from the current high could see SUI finding support at the $0.5900 level before attempting another rally. 

advertisement

SUI/USD 1-day price chart (source: CoinMarketCap)

At press time, SUI was priced at $0.5837, a 7.88% surge from the intraday low. Consequently, the SUI market capitalization and 24-hour trading volume surged by 7.82% and 18.75% to $422,139,298 and $209,373,794, respectively.

Recommended Articles
ethereum price crypto news
Crypto Presale Projects For 2023 To Invest; Updated List
Must Read
crypto exchange affiliate programs
Best Crypto Trading Bots List 2023
Must Read
ethereum price crypto news
Top Crypto Marketing Firms / Agencies 2023; Here’s Best Picks [Updated]
Must Read
ethereum price crypto news
Crypto Telegram Channels List 2023 [Updated]
Must Read
ethereum price crypto news
Top 10 Web3 Games To Explore In 2023; Here List
Must Read

LDO/USD

From a 24-hour low of $1.51, Lido DAO (LDO) bulls swept the bearish momentum under the rug, pushing the price to an intra-day high of $1.60 before retracing slightly to $1.58 at press time. The next resistance level for LDO/USD is around $1.65, while a potential support level could be found at $1.55. 

LDO/USD 1-day price chart (source: CoinMarketCap)

LDO’s market capitalization and 24-hour trading volume surged 5.01% and 3.98% to $1,401,856,843 and $62,121,300, respectively. This surge reflects the increasing interest and activity in LDO trading. As the market capitalization and trading volume continue to rise, it indicates growing confidence in LDO as an investment opportunity. 

XMR/USD

A bullish reign has prevailed in the Monero (XMR) market, with bulls soaring to a 24-hour high of $144.86 before facing resistance. With bulls setting support at an intra-day low of $138.80, the XMR price has shown resilience and potential for further upward movement.

The market capitalization and trading volume increase in XMR/USD pairs by 4.39% and 22.46% to $2,647,245,247 and $ 77,523,495 further solidifies the bullish sentiment. 


XMR/USD 1-day price chart (source: CoinMarketCap)

If the bulls breach the $144.86 resistance, the next resistance level to watch out for would be around $150.00. This level has historically acted as a strong psychological barrier for XMR and could trigger a further surge in buying pressure. However, a break below the support level of $140.00 could indicate a shift in sentiment and lead to a potential downward movement.

Comments

Post a Comment

Popular posts from this blog

Fetch.ai Price Prediction: FET Pumps 14% On Nvidia Earnings As AI Cryptos Boom And Analysts Say This New Solana Meme Coin Might Outperform BONK, WIF And MYRO

Image
The Fetch.ai price has soared by 14.5% in the past 24 hours to trade at $1.12 as of 8:15 a.m. EST on trading volume that surged 10.5% to $612 million. This surge came after AI chip maker Nvidia reported that fourth-quarter earnings had surpassed market expectations, buoying most of the AI crypto sector. Other AI cryptos to surge included Render (RNDR), Akash Network (AKT), and Bittensor (TAO), all ascending by double digits. Fetch.ai Price Susatains Bullish Momentum Above the Bullish Pennant FETUSD Analysis by Tradingview The Fetch.ai price indicates a continued uptrend after breaking from the consolidation stage. However, the resistance level at $0.78 has led to the formation of a bullish pennant, which signals a bullish trend reversal. However, the bulls seem to have acted on the pennant, indicating resilience on the $0.4424 support zone and flying the price past the $0.78 resistance, confirming the bull rally to the $1.17 resistance level. The technical indicators are bul...
Read more

Bitcoin slicing through this resistance could send it over $47k

Image
Although the majority of assets in the cryptocurrency sector got off to a slow start this week, Bitcoin (BTC) could be looking at a massive advance toward and beyond the threshold of $47,000 soon, provided it manages to break the key resistance that currently stands in its way. As it happens, Bitcoin’s realized price distribution (URPD) or unspent transactions output (UTXO), or the amount remaining after every transaction, suggests that the maiden cryptocurrency is facing “stiff resistance at $38,500,” as noted by crypto market analyst Ali Martinez in an X post on November 26. Having said that, the crypto trading expert also observed that the flagship decentralized finance (DeFi) asset “slicing through this barrier could help BTC advance toward $47,360,” which is the next significant point in the chart Analysis that Martinez shared. Bitcoin UTCO realized price distribution. Source: Ali Martinez Specifically, UTXO UPRD shows at which prices the current Bitcoin UTXOs appeared, ea...
Read more

Binance faces calls for ban by Nigerian Bureau De Change association

Image
Gwadabe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel market. Binance continues to experience an increase in regulatory heat as the Federal Government of Nigeria is being urged by the Association of Bureau De Change Operators of Nigeria (ABCON) to prohibit the activities of Binance within the nation. ABCON is a self-regulatory body and an umbrella for all the central bank-licensed Bureaux de Change (BDC). This action comes in response to the association reportedly recognizing Binance as a significant contributor to the pressure on the naira. As reported by Nairametrics, a local news agency, Alhaji Aminu Gwadabe, president of ABCON, provided this counsel in an interview held on Aug. 8 in Lagos. Gwadabe reportedly emphasized that Binance trading has increasingly established itself as a central point for both the Investor and Exporters window as well as the parallel mar...
Read more