SushiSwap

<ul><li>SushiSwap&#39;s price stabilized around $1.20 amid market turbulence, indicating robust support.</li><li>Resistance at $2.50 poses a challenge for upward movement, with $5.00 as a historical barrier.</li><li>The recent uptick in price and market cap reflects heightened buying activity, signaling positive sentiment.</li></ul><a href="https://cryptotale.org/sushi-price-tumbles-over-12-amid-ftx-and-alameda-moves/" rel="noopener noreferrer nofollow">SushiSwap </a>(SUSHI) has attracted attention recently due to its notable price movements and significant changes in market sentiment. In the volatile period of early 2021, SushiSwap underwent a drastic decline, with its value dropping sharply from peaks exceeding $5.00 to lows falling below the $1.00 mark.As the price plunged, it encountered strong support around the $0.60 level, effectively preventing further decline. This marked a crucial support threshold that prevented deeper losses. Following this, a phase of consolidation followed, characterized by the price fluctuating primarily between $1.00 and $2.50. During this period, significant market responses occurred at key support and resistance levels.The $1.20 mark emerged as a robust support level, evidenced by multiple instances of price stabilization during the highlighted period from mid-2022 to early 2023. Additionally, the $2.50 resistance level looms large, acting as a formidable barrier to upward momentum. Alongside, the $5.00 threshold stands as a historical point of resistance preceding the significant downturn.<a href="https://cryptotale.org/will-sushiswaps-1-17-be-the-make-or-break-level/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Will SushiSwap’s $1.17 Be the Make or Break Level?

CryptoTale

Ďalšie články zverejnené 10. 5. 2024

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