Trader Predicts Continued Surge for Sui Altcoin, Unveils Promising Trajectory

By Daisy Hodley Feb 12, 202444Views

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A Crypto Strategist Believes Dymension (DYM) and Sui Network (SUI) Have Upside Potential

An anonymous crypto strategist, known as Altcoin Sherpa, predicts that the native token of modular blockchain Dymension (DYM) and layer-1 blockchain Sui Network (SUI) have more room for growth. Altcoin Sherpa suggests that DYM could revisit higher levels after a retracement, with potential targets around $7.39. The trader also believes that SUI will increase by more than 10% and eventually reach $2. Looking at the charts, DYM is holding support at $7.05, while SUI remains in an uptrend with rising exponential moving averages. Furthermore, the trader mentions that Bitcoin (BTC) is facing a critical moment as it approaches the $50,000 level, and breaking through convincingly could lead to further upside. However, if BTC fails to break this level, a correction down to around $46,000 could occur.

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