SUI: Bitcoin Pair Bullish Divergence Eyes 50% Gain
SUI at $0.84 shows Bitcoin pair bullish divergence with 50-60% upside potential as MACD golden cross and EMA50 at $0.77 provide support.
SourceAnalysis
SUI shows no signs of stalling against Bitcoin as trader @CryptoMichNL flags a massive bullish divergence building on the BTC pair that points to a mean reversion play and another 50-60% advance.
Price action on the 4-hour chart sits at $0.84 testing upper Bollinger resistance at $0.83 while RSI(14) at 67.55 stays neutral and leaves room for further upside; the MACD golden cross at 0.01 keeps the structure bullish above EMA50 support at $0.77 and EMA200 at $0.75, aligning with the divergence signal for continued SUI price prediction strength versus BTC.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast