Joker

Rally

Avalanche

<p>Top crypto analysts, Trading Joker and Planfomo, have lately shared bullish insights on the price movements of Avalanche (AVAX) and Sui (SUI). Their analysis points to potential breakouts and significant upside for these two cryptos, fueling the current price pumps. As per the latest data from CoinMarketCap, AVAX is trading at <a href="https://coinmarketcap.com/currencies/avalanche/" target="_blank" rel="noopener noreferrer nofollow">$63.50</a>, up 12.96% in the last 24 hours, while SUI is priced at <a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="noopener noreferrer nofollow">$1.64</a>, enjoying a 7.15% surge over the same period.</p>
<h2 class="wp-block-heading" id="strong-avalanche-avax-ascending-triangle-pattern-fuels-rally-strong"><strong>Avalanche (AVAX): Ascending Triangle Pattern Fuels Rally</strong></h2>
<p>Planfomo (@planfomo), a top crypto trader, had <a href="https://x.com/planfomo/status/1769681074563494398?s=20" target="_blank" rel="noopener noreferrer nofollow">identified</a> an ascending triangle pattern on the AVAX chart. He anticipated another leg up after a proper breakout through the resistance zone.&nbsp;</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="536" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-1024x536.png" alt="" class="wp-image-454784" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-1024x536.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-300x157.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-767x401.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-1536x804.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-2048x1071.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-287x150.png 287w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-100x52.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-669x350.png 669w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-782-788x412.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-782.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Consequently, AVAX has indeed bounced back from the demand zone, resulting in a 63.40% price increase. In a&nbsp; tweet, Planfomo celebrated this rally, exclaiming, “Enjoy!”</p>
<h2 class="wp-block-heading" id="strong-sui-sui-cup-and-handle-pattern-hints-at-breakout-strong"><strong>Sui (SUI): Cup and Handle Pattern Hints at Breakout</strong></h2>
<p>In a tweet, Trading Joker (@TradingJoker) <a href="https://x.com/TradingJoker/status/1769515930961224137?s=20" target="_blank" rel="noopener noreferrer nofollow">identified</a> a bullish cup and handle pattern on the SUI chart. He expressed confidence in a breakout from the current handle, reclaiming the $2 level.&nbsp;</p>
<p>Moreover, Trading Joker believes that once SUI surpasses $2, it will enter a price discovery phase with no significant resistance, potentially propelling it towards targets around $3.40-$3.60. Lately, he reiterated his bullish stance, stating, “As long as BTC allows, this will be sent to new ATHs.”</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="630" src="https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-1024x630.png" alt="" class="wp-image-454776" srcset="https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-1024x630.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-300x185.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-767x472.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-1536x946.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-2048x1261.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-244x150.png 244w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-100x62.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-569x350.png 569w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-781-788x485.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/03/image-781.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
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<h2 class="wp-block-heading" id="strong-market-performance-strong"><strong>Market Performance</strong></h2>
<p>The bullish predictions from Trading Joker and Planfomo seem to be playing out, as both AVAX and SUI are experiencing significant price pumps. According to CoinMarketCap, AVAX has a 24-hour trading volume of $2,098,283,963, while SUI’s 24-hour trading volume stands at $683,399,781. These trading volumes further reinforce the positive sentiment surrounding these cryptocurrencies.</p>
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<p>The analyses from Trading Joker and Planfomo, coupled with the strong price performances and trading volumes of AVAX and SUI, suggest that these cryptocurrencies are poised for further gains. However, as with any investment, it is crucial to conduct thorough research and exercise caution.</p>
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<p>The post <a href="https://captainaltcoin.com/avalanche-avax-and-sui-sui-prices-pumping-heres-why/" rel="noopener noreferrer nofollow">Avalanche (AVAX) and Sui (SUI) Prices Pumping – Here’s Why</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Avalanche (AVAX) and Sui (SUI) Prices Pumping – Here’s Why

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