The cryptocurrency market has shown a significant bullish recovery, pushing top altcoins past resistance levels towards new all-time highs (ATH). Sui (SUI), the 19th largest cryptocurrency, is experiencing a bullish trend and has recorded a new ATH twice in 2024.
The main question for investors is whether Sui will pull back to a lower price point of $1.6 or continue to hold above the $2 mark. The market's positive momentum thus far suggests it may hold steady or even continue to increase.
This development has caught the attention of traders and analysts who are closely monitoring these fluctuations to determine future price directions. The overall strong market performance is providing a positive sentiment for Sui's potential growth.
