If you want to invest in Sui and wondering what will be the right time to start investing in Sui, then you are at the right place. Sui shows a bearish sentiment as the downtrend continues. Let’s analyze the chart and find the answer.
Sui Analysis of the Last 24 Hours
At 05:05 UTC on 24th Feb, the price broke to the upside, supported by the Golden Cross of MACD at the same time, and formed a range there. At 08:00 UTC, the range broke out to the downside, confirming the continuation of the downtrend. At 08:15 UTC, RSI moved to the area of oversold and supported the formation of an expanding triangle. The expanding triangle broke to the downside at 10:05 UTC, and the price again formed an expanding triangle pattern.
This expanding triangle also broke out to the downside at 14:20 UTC, corroborated by a Death Cross of MACD at 14:00 UTC. The spike from this breakout failed to form a channel, and the price formed a range. The range broke in the late hours of 24th Feb at 22:00 UTC to the downside. The Death Cross of MACD at 21:50 UTC gave an early indication of the downside breakout. This time again, the price was unable to form a channel, and a range was formed that continued on 25th Feb.
Best Coins To Buy Amid Sui Downtrend
As the downtrend continues in Sui, it clearly shows the outflow of smart money from the crypto market. Investing in this type of scenario is not feasible because there is no point in investing now when you can buy it much lower. As traders and investors always hunt for the next big crypto, there are other opportunities in the crypto space that are worth looking at.
Top 5 Crypto Presales to Buy Today
1. Aureal One (DLUME)
2. DexBoss (DEBO)
3. Solaxy (SOLX)
4. Meme Index (MEMEX)
Let’s examine all of them one by one and find out the best coin to invest in.
1. Aureal One (DLUME): Transforming Blockchain Gaming
Aureal One (DLUME) is a blockchain gaming project focused on seamless transactions, scalability, and actual asset ownership. It provides users with complete control over in-game assets and NFTs in a decentralized ecosystem. Aureal One’s cutting-edge technology assures minimal latency and fast transactions, making it an excellent alternative for gamers. Aureal One, which supports big projects like Clash of Tiles and DarkLume Metaverse, is gaining popularity in the cryptocurrency market. As blockchain gaming expands, DLUME emerges as an attractive initiative with significant potential.
Click here to know more about Aureal One
Aureal One Presale Details
- Funds Raised: $3,262,400 out of $4,500,000
- Current Price: $0.0013
- Listing Price: $0.005
- Next Price Jump: 15.4%
2. DexBoss (DEBO): Revolutionizing Decentralized Trading
DexBoss is a decentralized finance (DeFi) platform that provides leveraged trading, liquidity farming, and quick order execution and also supports over 2,000 cryptocurrencies, including its own DEBO coin, providing a smooth and cost-effective trading experience, making it the next big crypto. DexBoss includes a novel buyback and burn mechanism that reduces token supply over time to increase value. With minimal transaction costs and an easy-to-use interface, it appeals to investors looking for high-growth prospects. As DeFi use grows, DexBoss is poised to become a prominent participant in decentralized trade.
DexBoss Presale Details
- Raised: $591,899 / $750,000
- Current Price: $0.011
- Listing Price: $0.0505
3. Solaxy: Advancing Renewable Energy with Blockchain
Solaxy is a blockchain platform that aspires to transform the renewable energy business with decentralized solutions. Solaxy utilizes blockchain technology to provide transparent, efficient, and secure energy transactions. It automates transactions with smart contracts and stimulates the usage of renewable energy. It aims to decentralize the energy market globally by seamlessly connecting people. As the need for green energy grows, Solaxy seeks to play a significant role in shaping the future of sustainable energy. It may be the next big crypto in the crypto world.
SOLAXY Presale Details
- Funds Raised: $23,454,918 / $24,087,695
- Current Price: $0.001646
- Listing Price: $0.00169000
4. Meme Index: Tracking the Meme Coins.
The Meme Index is a one-of-a-kind cryptocurrency index that measures the performance of the market’s top meme currencies. By integrating prominent meme tokens, investors have varied exposure to the meme currency market. The index tracks market patterns, sentiment, and volatility, giving a simple way to invest in the meme economy. As meme coins gain popularity, the Meme Index becomes an important tool for traders looking to profit from this dynamic business.
Meme Index Presale Details
- Funds Raised: $3,848,078 / $4,377,459
- Current Price: $0.0164896
Final Thoughts
The bearish sentiment continues in the crypto market, which impacts all coins, including the Sui. It’s not wise to invest in a downtrend, and there is a great opportunity in the presale market. Auresl One stands out as the best coin to invest in because of its unique project that empowers the gaming world, which is growing day by day making it the next big crypto. Traders and investors are cautioned to research on their own to find out the potential of Aureal One and understand the risk associated with presales.
Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this Press Release does not represent any investment advice. TheNewsCrypto recommends our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this Press Release.
