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The SUI price plunged more than 8% in the last 24 hours to trade at $3.40 as of 7:08 a.m. EST as investors offload their holdings in the crypto on the market. Seems like Sui has been down for an hour now I'm amazed any blockchain even turns on tbh, shit is so complex pic.twitter.com/9Y2yGgxKii — mert | helius.dev (@0xMert_) November 21, 2024 The steep decline in the SUI price comes amid a Sui network outage. No blocks have been produced by the network for over an hour. SUI Price Trapped In A Consolidation Phase 4-hour chart for SUI/USD (Source: GeckoTerminal) The Sui price has entered into a consolidation zone between $3.2924 and $3.8416 in the last few days, according to GeckoTerminal data .  This period of sideways trading might be the build up to a big move. If buyers identify the crypto’s current price as an opportunity, then SUI could end up flipping the $3.8416 resistance into support and potentially rise toward the next major barrier at $4.3771. On t...

The Mantra price has surged 9% in the last 24 hours to trade at $0.9967  as of 7.30 a.m. EST on a 95% pump in trading volume to $21 million. The Mantra Price Faces Resistance: Can The Bulls Continue The Momentum? The OM/USD chart on the 1-hour timeframe shows a strong bullish structure, highlighted by a parabolic price move that took the asset from the support zone around $0.85 up to the current consolidation level near $0.9967. This sharp increase followed a significant breakout and was fueled by a bullish crossover between the 50-period SMA at $0.93 and the 200-period SMA at around $0.91, often referred to as a “Golden Cross.” This crossover signals a shift in market momentum, indicating that the short-term trend has gained strength over the longer-term trend, often setting the stage for continued upward movement. OMUSD Analysis   Source: Dextools.io The price is currently consolidating just below the $1.00 mark, indicating that the market is pausi...

Amid the recent Ripple legal development, attention has turned to XRP’s price trajectory, particularly its ability to exit the current consolidation phase and mount a breakout. Notably, crypto trading expert Alan Santana has maintained that investors should expect a possible price breakout to a new record high during the next bull market. In a TradingView post on August 10, Santana pointed out that the cryptocurrency has accumulated since June 2022, setting the stage for a significant upward movement in the upcoming bull market. Picks for you 'Trading crowd' flees from small-cap stocks with $3.5 billion outflows 1 hour ago Bitcoin ‘Golden Ratio’ correlation predicts BTC’s next parabolic rally 2 ...