Sui (SUIUSD) Price Forecast: April 3
Today, the SUIUSD pair holds a recovery opportunity as price increases and targets a $2.90 high-level amidst market fluctuations. Based on the market structure, the crypto has reached bearish exhaustion and holds above the $2.35 level, registering potential growth. The coin price is increasing and heading towards the overhead resistance, providing a stronger foundation for further price increases. Hence, if a renewed surge in investors’ interest occurs, the token price might surge to reach the $2.83 barrier level and extend further to hit the $2.90 upper resistance level, leading to a high potential recovery for the coin buyers.
Key Levels:
Resistance Levels: $2.46, $2.47, $2.48
Support Levels: $2.11, $2.10, $2.09
Sui (USD) Long-term Trend: Bullish (4H Chart)
The SUIUSD price targets $2.90 amidst market fluctuations. The crypto keeps rising towards the upper resistance, registering a bullish market outlook in the long term.
After completing the low of $2.35, the Sui price rose to a $2.45 high mark above the EMA-50 as the 4-hourly chart opens today, indicating that buyers are actively buying the coin at this level.
Therefore, if the bulls should increase their tension in the market, the price of SUIUSD could target the $2.83 high mark amidst the recent market fluctuations, reclaiming more confirmation for a bullish recovery.
Consequently, the market is pointing upwards on the daily stochastic, suggesting the emergence of more buyers to move the price of SUIUSD up to a significant level at the upside.
As a result, the price target might be the $2.90 upper resistance level in the days ahead, registering a buy signal for the coin traders as the market price targets the upper resistance level amidst market fluctuations in its higher time forecast.
Sui (USD) Short-term Trend: Bullish (1H Chart)
The SUIUSD pair demonstrates a bullish pattern as it targets $2.90 amidst market fluctuations in its short-term outlook. The price trades above the moving averages, affirming its bullish trend.
Today, the Sui price at the $2.45 supply level above the EMA-50 as the 1-hourly chart resumes targets the overhead resistance amidst the market fluctuations, affirming the presence of more buyers in the market.
Further, the crypto market may swing above the recent price level and target the overhead resistance if the bulls add more pressure to their buying motives.
In addition, the daily stochastic indicates an uptrend. If the bulls should add more aggression to their buying forces, the SUIUSD’s next price target might be the $2.90 high level amidst market fluctuations, signaling the potential for significant gains in its lower time perspective.
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