SUSHI continues to be rejected at the $1.505 price level

After SushiSwap took base at $1.165 support on October 13, it has been trending up for two days and has had a very strong price increase. From market movements, it is easy to expect the market to continue its trend. Raise the price upwards and break many price levels. However, at the $1.165 resistance level, the trend has been cut short several times as the bulls made repeated unsuccessful attempts to break above this price level.

Sushi Swap Market Price Statistics:

• SUSHI/USD Price: $1.304
• Sushi/US Dollar Market Cap: $
• SUSHI/USD Circulating Supply:
• SUSHI/USD Total Supply: 1,000,000,000
• SUSHI/USD Coin Market Ranking: #

key level

• Resistance: $1.322, $1.400, $1.586
• Support: $1.160, $1.117, $1.058

Sushiswap Market Price Analysis: Indicator Perspective

On October 18, SushiSwap buyers became even more ambitious to break through the resistance level. We have established a new support level higher than on Oct 13. The new support level of $1.415 on Oct 18 is pretty close to the price level that has proven difficult. They expected a breakout of the price level as the bulls moved the support closer to the difficult resistance level with greater determination. . The price was rejected by a large margin, with the price falling to the halfway point of his two indicators used for this analysis.

SUSHI/USD 4-hour chart outlook

Here we can see that the bearish momentum appears to be waning in the first three sessions of the day, although the sellers have taken advantage. The third session shows a small candlestick indicating that the trader’s interest in selling has decreased. The price is below the previous support, but may establish a new support higher than the October 13th support.

Dash 2 trade is a cryptocurrency analytics and intelligence platform that provides users with valuable insights to make informed investment decisions when trading cryptocurrencies. The first platform of its kind, Dash 2 Trade, calls itself the “Crypto Bloomberg Terminal,” offering full pro-level functionality to casual traders to help them take full advantage of the volatility of the crypto space. to

Related

• How to buy D2T tokens

• Dash 2 Trade – High Potential Presale

  

  • Active Presale Live – dash2trade.com
  • Native Token of the CryptoSignal Ecosystem
  • KYC verified and audited