The former director of Goldman Sachs, Raoul Pal, believes that a competitor of Solana (soil) seems to be in the position of a massive escape.
PAL says to its 1.1 million followers on the social media platform X that the sequential indicator of Tom DeMark (TD) flashes Haussier for the Layer-1 Su (Sui) platform.
Traders use the TD sequential indicator to predict potential trend reversals for tokens according to the fence prices of their new or 13 bars or candles.
He also suggests that SUI is about to get out of a canal downwards, a lower pattern indicating that the asset forms the lower ups and lower stockings.
“SU: strike, hit, knock on the door of the sky.”
Other analysts also suggest that SUPs could prepare for an explosive movement.
Pseudonymous trader cheds says that if sui can pierce its immediate resistance, it can start to print significant rallies.
“General costs of $ 2.50 are a long trigger.”
Meanwhile, the Crypto Michaël Van de Poppe trader says to its 783,900 subscribers on the X social media platform that SUP obtains adoption as a decentralized finance network (DEFI), including for Bitcoin (BTC), punctuating and ready, called Bitcoin Defi (BTCFI). He also suggests that Suit bounces on a key level of support on the three -day graphic.
“Once the markets turn on upward trend, money will return to those who have shown force. Suited it. It is an excellent place to investigate Su:
- BTCFI quickly increases to 10% TVL (total locked value) per suis.
- DEFI SUR SUR is in the top six of all the channels.
- Nearly $ 6 billion in volume of negotiations on DEFI in the last month.
I think it can do very well in the upcoming cycle. »»
Finally, the financial giant Vaneck predicted that the SUP will rise more than 358% compared to its current value.
“We believe that the Haussier Crypto market will persist until 2025, reaching its first peak in the first quarter.
Suit is negotiated at $ 2.18 at the time of the editorial staff, up 4% in the last 24 hours.
Follow us on X, Facebook and Telegram
Do not miss a beat-Subscribe to obtain alerts by e-mail delivered directly in your reception box
Check price action
Surf the daily Hodl mixture
& nbsp
Warning: Opinions expressed at Daily Hodl are not investment advice. Investors should make their reasonable diligence before making high-risk investments in bitcoin, cryptocurrency or digital assets. Please note that your transfers and trades are at your own risk and that all the losses you may undergo are your responsibility. The Daily Hodl does not recommend the purchase or sale of cryptocurrencies or digital assets, and the Daily Hodl is an investment advisor. Please note that the Daily Hodl is participating in affiliation marketing.
Image generated: Midjourney
