Sui price is approaching a potential breakout as U.S. election day looms. The cryptocurrency has been trending upwards over the past weeks. However, it currently faces significant resistance near its previous all-time high.
Investors and market watchers are especially attentive, speculating whether the election results in the U.S. might trigger a significant price movement, possibly propelling Sui to reach an ambitious target of $8.
The possible correlation between the election outcomes and cryptocurrency market movements remains a point of interest, as traders weigh potential impacts on the asset's price trajectory.
The article was initially published on CoinGape, focusing on the potential impact of U.S. election results on Sui's market performance.
