SUI price is set to find as a funding rate, defeat Shots Surge

The SUI price is slowly forming the Bulla Flag and the Golden Cross, pointing to strong punching because its funding rate becomes positive and decentralized funds for finance jumps to finance funds.

Sui (Sui) Token was traded on Saturday $ 3.40, 94% from its highest level in April this year.

Third parties data show that SUI has become one of the fastest growing players in the crypto industry this year. Quantity Means Locked In his decentralized network, she jumped by 40% in the last 30 days, to 2.45 billion dollars.

This growth made 9. The largest block in industry, greater than popular networks like an avalanche (Avaq), Polygon (Gender) and Cardano.

Further data show that Sui’s Stablecoin market hat jumped to $ 897 million, which means they will soon be able to cross a billion billion dollars. The number of stablecoins in the BlockChain network is a positive character because it shows that users actively communicate with it.

Further data reveal that DEK protocols on Sui Blockchain see more traction among users. Their total amount of transaction stood at over $ 2.9 billion in the last seven days and 11.2 billion dollars in the previous 30 days. Cetus, swing and Bluefin led the market share in this.

Meanwhile, an eight-hour funding rate has become positive and indicates above, signals that the price of a permanent contract is greater than the place of one. It is a Bikovski sign while signals that more traders bet on price growth.

SUI price analysis

The daily shows that the SUI coin jumped in the last few weeks, crossing 1,7290 dollars from 7. to 3. April. Slowly forms a bakarian pattern, a popular sign to continue.

SUI token also forms a golden cross, which happens when 50-day and 200-day average crossing.

Therefore, the coin will probably have a strong bullish break. The next goal to watch is $ 5,395, everything is high, which is about 60% above current level.