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Trading at $1.70 today, Sui Blockchain (SUI) has faced a minor 1.62% retraction in the last 24 hours. Nonetheless, its monthly price performance has caught the attention of all investors and short-term buyers as it jumped from $0.88 to $1.7 within the last 30 days. The Sui Blockchain (SUI) is currently at $603.84 million, with a 40% dip in its trading volume (approx. $241M).
Sui Blockchain (SUI) plunged 3.2% during the Monday trading session, facing a bearish pullback after a three-week rally. This pullback follows the broader market downtick, causing the Sui Blockchain (SUI) a short-term decline. Analysts are calling this a healthy retracement amid rising TVL levels, indicating an ideal opportunity for investors to aim for a long rally.
So far, Sui Blockchain (SUI) has overshadowed most major altcoins in September, showing a parabolic rally from $0.7 to $1.68. This surge equates to a massive 122% price surge after market recovery. While Sui Blockchain (SUI) supporters say this surge took place after the Grayscale trust fund launch, analysts think it was purely after the bearish market recovery.
Fantom (FTM) is listed at $0.71 today, with a 5.35% price surge in the last 24 hours. The Fantom (FTM) network has been making headlines since it hit a notable breakout from a descending trendline. This sentiment has sparked a bullish narrative among traders and analysts, yet its trading volume’s 23.4% slump is raising concerns about long-term stability.
Analysts think of this breakout period as a bullish indicator for the Fantom (FTM) network. They suggest the asset could be on the brink of entering a new phase of upward momentum. Following this week, the Fantom (FTM) network will experience a high-volume increase in its buying pressure from investors seeking profits after the sudden short-term price surge.
The future outlook for Fantom (FTM) looks promising as the descending trendline breaks above the resistance level and shows a possible change in direction for the Fantom (FTM) token. Investors must keep in mind that the Fantom (FTM) network’s $249.73 million trading volume dipped by approximately $54.78 million in the last 24 hours while it was making news. DYOR!
The deFi sensation DTX Exchange (DTX) has moved the market sentiment with its skyrocketing presale rally after Sui Blockchain (SUI) and Fantom (FTM) went crazy with their prices sky-high. While some say this short-term bubble might burst in a week or so, DTX Exchange has built a reputation for leading stable and sustained growth patterns over the course of time.
The DTX Exchange (DTX) is home to many AI traders and investors who believe in trading conveniently and with knowledge. The hybrid platform promotes a knowledge-based environment that helps fresh traders seek knowledge from experienced investors and understand the pros and cons of short-term and long-term trading as well as the strategic techniques of trading.
While experienced investors choose DTX Exchange (DTX) for its mind-blowing presale performance, fresh traders move in to benefit from its revenue-sharing model, zero-commission policy, gain access to premium features, reduced trading fees, governance votes & proposals, and for potential airdrop opportunities in future.
DTX Exchange (DTX) is outshining well-established cryptocurrency projects like Sui Blockchain (SUI) and Fantom (FTM) with its highly successful and fast-selling presale rush, which gained momentum especially after Bitcoin (BTC) saw a decent 1.40% price surge within the last 24 hours with the prediction of going higher in the near term.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
