AI Coins Skyrocketing Value and Suis Bargain Price: The Latest Crypto Update

AI Coins Skyrocketing Value and Suis Bargain Price: The Latest Crypto Update


The crypto market dips again, with Bitcoin down over 3.5% in the last week and SUI losing support at $1, while yPredict raises over $1.5 million in presale for their AI-powered trading platform.

The cryptocurrency market dipped once more on Thursday as Bitcoin (BTC) briefly descended below $26,000, leaving Bitcoin now greater than 3.5 percent down over the last week. 

The rest of the cryptocurrency market persists to be dragged down likewise likewise, including Layer 1 smart contract platform Sui ($SUI), which is down 15 percent across the last 7 days.

Let’s take a technical look at SUI compared to Bitcoin, figure out what’s in store for the cryptocurrencies  price, and look at an emerging cryptocurrency that’s displaying positive  tendency momentum regardless of the present market conditions.

Bitcoin (BTC) and SUI Breaking Below Support

BTC’s descent marked another rejection from the $27,500 resistance level that’s hampered it since mid-May. It’s now testing support in the lower $16,000 range for the 1st time since May 12 which, if broken, could cause the investment to plummet to just $25,000. 

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By contrast, SUI outright lost its support at $1 that it has held since early May, eventually  giving way to two weeks of downward-sloping resistance from over. It went as low as $0.95 on Wednesday, an all-time low for the crypto token that went live at the start of the 30 days, although its rebounded slightly now to $1.01.

For context, Sui is a layer 1 smart contract platform with a unique programming language was known ‘Move’. It was designed by lead executives of Meta’s now defunct Diem crypto stablecoin project, and is meant to solve “pain point” common to first-generation blockchains teck, like scalability and programmability. 

The coin has had little profits to write home about since it began trading, on the other hand, and may continue to post lower bottom Line in the short term. Technical analysis from TradingView implies that now is a good time to sell the investment, with 7 of the asset’s 11 daily technical indicators flashing ‘strong sell’, with no indicators flashing buy signals. 

SUI’s relative strength index (RSI) is as of now below 30, meaning its momentum is still deeply bearish.

To invalidate this bearish tendency, SUI will must return to $1.05 to find some footing. Otherwise, if Bitcoin (BTC) loses its $26,000 support, Sui is very likely sink as low as $0.90.  

AI-Powered Trading Platfom yPredict Raises Over $1.5 Million in Presale

Despite the fact that Bitcoin, Sui and the rest of the market are struggling, new cryptocurrency presale yPredict is racing through its allocation.

Having only launched less than a 30 days ago, the $YPRED crypto token presale has already raised greater than $1.5 Million and is indeed in stage 5 of 8. Crypto Tokens are available to buy for $0.07, but with a list price set at $0.12, they will boost in price by 71 percent by the time they are listed on exchanges.

AI Coins Skyrocketing Value and Suis Bargain Price: The Latest Crypto Update

YPRED are critical to the yPredict ecological system as they provide access to the wide range of trading tools, analytical data and AI-powered predictive models available on the platform.

The crypto tokens are used to win access to yPredict through a three-tier membership model (Free, Active, Pro), with each tier allowing the use of different features and metrics – they can likewise be staked and will be used as a reward crypto token for the best predictive trading models created by the community. 

yPredict will use artificial intelligence and machine learning (AI/ML) to provide data-driven insights, analytical metrics and predictive marketplace trends. 

Developed by a doxxed and experienced group of financial quants, traders and software developers, yPredict will assist cryptocurrency traders and investors make better decisions in the market and allow financial data scientists to offer results and indicates as a monthly subscription service.

The platform will likewise provide a marketplace to sell model predictions as a service and will have play-to-earn and learn-to-earn features to attract a broad, engaged community. 

The yPredict whitepaper has more information on the project.

Visit yPredict

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