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Chainlink, Fetch.ai, Sui Join CYBRO in the Spotlight as These Cryptos Are Predicted to Rise in Value

Patricia Arquette
Patricia ArquetteOriginal
2024-10-28 04:16:10859browse

Some cryptocurrencies are standing out in the market and getting noticed by experts. Coins like LINK, CYBRO, FET, and SUI are being talked about for their high growth potential.

Chainlink, Fetch.ai, Sui Join CYBRO in the Spotlight as These Cryptos Are Predicted to Rise in Value

Some cryptocurrencies are making waves in the market and catching the attention of experts. Coins like LINK, CYBRO, FET, and SUI are being discussed for their high growth potential. This article delves into the reasons why analysts are excited about these digital assets and what could contribute to their rise in value.

Chainlink Holds Steady Above $11, Gearing Up to Test Resistance at $13

Chainlink is trading within a range of $11.04 to $12.47. Over the past week, its price has seen a rise of 1.55%. The coin is approaching its immediate resistance level at $12.97. The Relative Strength Index is at 51.68, indicating neutral momentum. The price is closely following its 10-day and 100-day moving averages, which are $11.35 and $11.71, respectively. If Chainlink manages to break above $12.97, it could potentially rise toward the next resistance at $14.39, offering a potential gain of about 15%. However, failure to move higher might lead to the price dropping to the support level at $10.11, a decrease of around 16%. Traders are keeping an eye on these levels to gauge Chainlink’s further price movements and considering whether it will continue its upward trend.

Artificial Superintelligence Alliance (FET) Tests Key Levels: Will It Break Resistance or Slide Further?

Artificial Superintelligence Alliance (FET) trades between $1.36 and $1.55, close to its 10-day and 100-day simple moving averages of $1.35 and $1.38, respectively. The coin has seen a decline of 4.90% over the past week and 17.55% over the past month. The Relative Strength Index (RSI) is 56.64, indicating neutral momentum. Immediate support is at $1.25, with secondary support at $1.06. Resistance levels are at $1.64 and $1.83. A move above the first resistance could see the price testing the second resistance, which is approximately 18% higher than current levels. Conversely, falling below the support might lead to further declines. Traders are monitoring these levels for potential shifts in the coin’s price direction.

Sui Gains 30% This Month; Can It Break Above $2.53 Resistance?

Sui (SUI) has gained 30% this month but dipped 4% in the past week. It’s trading between $1.95 and $2.33. The nearest resistance level is at $2.53. If it climbs above this, the next target is $2.91, which is about 15% higher. The Relative Strength Index is 56.80, showing moderate strength. The MACD is slightly positive at 0.02. Both the 10-day and 100-day moving averages are at $2.00, indicating stability. The nearest support is at $1.78. With strong monthly gains and steady indicators, SUI has potential to rise further, but the recent small decline suggests investors should watch for confirmation.

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