SUI and FET surged 30% last week, sparking excitement in the cryptocurrency community. This sudden growth has raised questions about whether the market could recover. Could this be the start of a broader uptrend? Learn which other currencies could grow and what this means for the future of digital assets.
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Sui (SUI) Shows Potential for Short-Term Gains
Sui (SUI) is trading between $0.79 and $1.04 with resistance at $1.13 and support at $0.64. The water price rose by more than 26% last week but remained stable throughout the month. The moving averages show a short-term uptrend with the 10-day MA at $1.03 and the 100-day MA at $0.94. The RSI is at 61.42, which suggests that it is not overbought yet. If Sui breaks above $1.13, it could reach $1.38, which would be a gain of more than 30%. However, if it falls, it is likely to find support near $0.64.
The FET Alliance is ready for a breakthrough
FET is trading between $0.98 and $1.24, with a notable recent gain. Its price has risen by nearly a quarter in the last week and nearly two-thirds in the last month. Resistance is at $1.39, with stronger resistance at $1.65. The closest support is at $0.86. The relative strength index (RSI) is moderate, sitting around 58, suggesting that there is room for further gains. If FET breaks above $1.39, it could test $1.65, potentially up another 33%. However, if it falls below $0.86, a drop back to $0.60 is possible.
Solana Shows Stability but Faces Key Resistance
Solana is currently trading between $121 and $138.45. Over the past week, Solana has gained just over 1% but is down nearly 27% over the past six months. While it is maintaining some stability, the nearest resistance at $146.73 could challenge its upward momentum. If Solana manages to break above this level, the next target would be $164.03, representing a significant upside. Key support is at $112.13 and further below that at $94.83, these are areas to watch if the price moves lower. Indicators such as the RSI and MACD suggest that the market is in balance, with the potential for uncertain moves in either direction.
Jupiter (JUP) Shows Slow Growth Potential
Jupiter (JUP) is trading in the range of $0.66 to $0.76. The coin is showing signs of potential growth and is slightly above the 10-day and 100-day simple moving averages. The Relative Strength Index (RSI) is at 61.22, which suggests mild buying interest. The immediate resistance is at $0.81, above which a move to $0.91 is possible, implying a potential upside of around 20%. However, the coin needs to stay above the $0.61 support to continue its upward move. Jupiter’s near-term growth signals are mild but promising if it breaks above the current resistance levels.
in conclusion
Although SUI and FET have shown significant growth over the past week, their near-term potential remains limited. SOL and JUP face similar limitations.
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