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</div></div></div><p><span style="font-weight: 400;">The Sui price has increased by 7% over the past 24 hours </span><a href="https://www.geckoterminal.com/sui-network/pools/0xcf994611fd4c48e277ce3ffd4d4364c914af2c3cbb05f7bf6facd371de688630"><span style="font-weight: 400;">now trading at $2.14</span></a><span style="font-weight: 400;"> at 00:22 a.m. EST, with trading volume dropping 38% to $1.1 billion.</span></p>
<h2>Sui Price Aims to Maintain its Bullish Trend</h2>
<p><span style="font-weight: 400;">The analysis of SUI/USD on the 4-hour chart indicates a bullish pattern. Prices are trending within an ascending channel (illustrated by the two parallel white lines), creating higher highs and higher lows typical of an upward movement.</span></p>
<p><span style="font-weight: 400;">Data from </span><a href="https://www.geckoterminal.com/sui-network/pools/0xcf994611fd4c48e277ce3ffd4d4364c914af2c3cbb05f7bf6facd371de688630"><span style="font-weight: 400;">GeckoTerminal</span></a><span style="font-weight: 400;"> indicates that bulls are focusing on breaking through the $2.4 resistance level. SUI is currently trading above both the 50-day and 200-day Simple Moving Averages (SMAs), supporting the recent bullish outlook.</span></p>
<p>The Relative Strength Index (RSI) stands at 53.31, reflecting a neutral condition, as it hasn't reached the overbought threshold (above 70) or the oversold limit (below 30). This midpoint suggests that the market can move in either direction without being overextended.</p>
<p>Nonetheless, the upward trend of the RSI could imply that the asset is building positive momentum. Should this trend persist, the SUI price might rise further as bulls target the next resistance at $2.60.</p>
<figure id="attachment_588203" aria-describedby="caption-attachment-588203" style="width: 1167px" class="wp-caption alignnone"><picture decoding="async" class="size-full wp-image-588203">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18.png.webp 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-300x143.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-1024x487.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-768x365.png.webp 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-130x63.png.webp 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-104x50.png.webp 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-83x40.png.webp 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18.png" alt="Sui Price Chart Analysis Source: GeckoTerminal.com" width="1167" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18.png 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-300x143.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-1024x487.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-768x365.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Cetus-_GeckoTerminal.com_SUI_2024-10-17_07-22-18-83x40.png 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
</picture>
<figcaption id="caption-attachment-588203" class="wp-caption-text">SUIUSD Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<p><span style="font-weight: 400;">On the other hand, if the price falls below the 50-day SMA and the lower trendline, it could test the 200-MA at approximately $1.70, indicating a significant correction.</span></p>
<p><span style="font-weight: 400;">As the Sui price targets an ongoing rally, investors are eager to purchase a new Pepe alternative called</span> <span style="font-weight: 400;">Pepe Unchained (PEPU)</span>, which is emerging as one of the year’s most successful presales.</p>
<p><span style="font-weight: 400;">The YouTube channel 99Bitcoins, boasting over 706K subscribers, claims it could rise 100X post-launch.</span></p>
<noscript></noscript>
<h2>Pepe Unchained Surpasses $20 Million</h2>
<p><span style="font-weight: 400;">Pepe Unchained has exceeded $20.1 million in funds raised during its presale as investors flock to the concept of an enhanced PEPE coin operating on its dedicated Layer 2 blockchain.</span></p>
<p><span style="font-weight: 400;">The premise of PEPU is to free the original Pepe from the restrictions of its outdated Layer 1 server on Ethereum.</span></p>
<p><span style="font-weight: 400;">PEPU aims to provide quicker and more affordable transactions for Pepe ownership, positioning itself as a formidable competitor to PEPE, the third-largest meme coin with a market cap of $4.2 billion.</span><span style="font-weight: 400;">.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="8.6428571428571">
<p lang="en" dir="ltr">Who needs some Brain Powder?</p>
<p>Pepe is gearing up for the official launch of his very own blockchain! 🚀 <a href="https://t.co/kZC72UmxFy">pic.twitter.com/kZC72UmxFy</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1803856656704618843?ref_src=twsrc%5Etfw">June 20, 2024</a></p></blockquote>
<p><span style="font-weight: 400;">Token holders can also generate passive income through</span> <span style="font-weight: 400;">the platform’s staking program</span><span style="font-weight: 400;">, featuring an annual percentage yield (APY) of 110%.</span></p>
<p><span style="font-weight: 400;">You can purchase $PEPU tokens for $0.0103 each. </span></p>
<p><span style="font-weight: 400;">To participate in the presale,</span> <span style="font-weight: 400;">acquire $PEPU from the official website here</span><span style="font-weight: 400;"> using ETH, USDT, or a bank card.</span></p>
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</div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>Sui Price Rises 7% as Pepe Unchained Hits $20M in Presale[embed]https://www.youtube.com/watch?v=dl–AJ_OLYY[/embed]
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