SUI price experienced a significant 20% surge during Friday's trading session, outperforming the broader altcoin market. This rise followed Bitcoin's 5% jump, reaching $63,850. Such positive momentum enabled SUI to sustain above its 50-day Exponential moving average, indicating a potential shift in its short-term trend.
Market observers are now keen to see whether the sustained momentum can push SUI prices further, with the crucial $1.4 mark in sight. Investors and analysts are watching closely to gauge if this trend can be maintained or if it will face resistance.
