The popular altcoin Sui has posted a 67% price increase over the last two weeks, briefly climbing to a four-month high of about $1.30 before retracing to $1.15. Analyst Ali Martinez predicts a golden cross could occur, with the 50-day moving average crossing the 200-day MA, a signal historically associated with price increases of around 240% and 222%. If history repeats, SUI could reach $4, representing a 230% gain. The Parabolic SAR indicator has flipped below price on the weekly chart, suggesting a macro shift in trend. Additionally, SUI has surpassed NEAR, TON, Arbitrum, and Injective in daily active users.
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