Jupiter

Coin

<ul class="news-points">
 <li>Sui (SUI) rallies 9.58% to $1.69 despite a trading volume dip.</li>
 <li>Jupiter (JUP) trades at $1.38 after a 175% monthly rally; the next target may be $2.</li>
 <li>Sui’s developer activity increases by 86%, and Jupiter’s TVL hits $306M.</li>
</ul>
Sui (SUI) and Jupiter (JUP) are both eyeing the $2 price milestone, a goal that hinges on various market and internal project factors.&nbsp;
<h2 class="wp-block-heading" id="h-market-dynamics-and-investor-sentiment">Market Dynamics and Investor Sentiment</h2>
For Sui (SUI), current trading patterns indicate a period of consolidation, with the price hovering around the 50-day Exponential Moving Average (EMA) mark. This range-bound movement reflects a phase of neutrality among investors, with technical indicators hinting at a possible retracement.&nbsp;
The market cap of SUI stands at $2,077,688,701, with a noticeable intraday gain suggesting a mixed sentiment in the market. A critical factor for SUI’s potential surge to the $2 mark would involve a shift in investor sentiment from neutral to distinctly positive, alongside an increase in trading volume, which has seen a 29% decline in the last 24 hours to $670,471,457. However, at press time, SUI was exchanging hands at $1.69, a 9.58% surge from the intra-day low despite fail…
The post <a href="https://coinedition.com/sui-and-jup-rallies-defy-market-downturn-next-stop-2/" rel="noopener noreferrer nofollow">SUI and JUP Rallies Defy Market Downturn: Next Stop $2?</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

SUI and JUP Rallies Defy Market Downturn: Next Stop $2?

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