Sui (SUI) price recovers most of its weekly losses and trades around $5.06 at the time of writing on Friday.
Sui Price Forecast: SUI bulls eyes for a new all-time high of $6.35 Sui price recovers most of its weekly losses and trades around $5.06 at the time of writing on Friday. On-chain metrics hint at a rally ahead as SUI’s long-to-short ratio reaches the highest level in over a month, and open interest is also rising. The technical outlook suggests a rally continuation, projecting a new all-time high of $6.35.
US Bitcoin spot Exchange Traded Funds data shows signs of mild recovery, with a total net inflow of $462.2 million until Thursday. A 10xResearch report released this week projects Bitcoin’s price action for the upcoming major events in January. Trump to launch first senate crypto subcommittee The U.S. Senate Banking Committee, led by Senator Tim Scott, is preparing to create the first-ever subcommittee dedicated to cryptocurrency.
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