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- 1 The WLD token rolled up massively and is glancing bullish momentum.
- 2 The NEAR Protocol represented a double bottom formation on the charts.
- 3 In the last sessions, the SUI Network (SUI) token displayed massive buyer accumulation.
Worldcoin (WLD), NEAR Protocol (NEAR), and SUI Network (SUI) cryptos were in the limelight and are rewarding the investors, delivering a sharp buying momentum in the last sessions. These cryptocurrencies have gained strength and succeeded in registering a breakout. The breakout has just arrived and these crypto assets have further space to carry forward the rally. Therefore, investors, who have not bought these crypto assets yet, should not worry.
WLD Token Exhibits Intense Buying Momentum
The Worldcoin (WLD) token gave a much-awaited breakout above the neckline of $5 and surged over 70% this week, demonstrating intense buying momentum on the charts. For the past weeks, the token was in a consolidation phase and sharply bounced from the 20-day EMA mark, which led to a sharp breakout. The WLD token has gained momentum and surpassed the registered a fresh all-time high mark of $9 in the last session.
The Worldcoin (WLD) price was $8.37 at press time, with an intraday drop of 2.67%, showing bullishness on the charts. Moreover, the trading volume has increased by 90.01% to $1.15 Billion, and the market cap rose to $1.09 Billion. Analysts are bullish and suggest that the WLD token price will further extend the gains and may reach $10 soon.
NEAR Displays Double Bottom Formation on Daily Charts
NEAR Protocol (NEAR) exhibited a double bottom formation on the key support region of $2.50 and witnessed a rebound in the last sessions. However, the coin has yet to register a breakout above the neckline of $4, and buying sentiment was noted. Furthermore, the technicals are signaling a buy alert, and investors are keeping an eye on the levels and awaiting a breakout.
The NEAR Protocol (NEAR) price was $3.19 at press time, with an intraday drop of 1.36%, showing neutrality on the charts. Moreover, the trading volume has increased by 12.24% to $162.67 Million, and the market cap rose to $1.94 Billion. Analysts are neutral and suggest that the NEAR coin price will pick up momentum soon and may surpass $5 soon.
SUI Exhibits the Follow-on Buying Momentum
The SUI Network (SUI) token price has been revamped from the bottom mark of $0.3500 and retested the 52-week high mark of $1.90 in the previous session. This upward movement represents the buyer accumulation, and follow-on buying momentum was noted. Additionally, the token persisted in forming the higher high swings and is readying to escape $2 soon.
The SUI Network (SUI) price was $1.67 at press time, with an intraday drop of 1.01%, showing bullishness on the charts. Moreover, the trading volume has increased by 24.67% to $611.20 Million, and the market cap rose to $880.49 Million. Analysts are bullish and suggest that the SUI token price will continue to stretch the bullish rally to escape the $2 mark soon.
Summary
WLD, NEAR, and SUI crypto are giving surprising moves and witnessing buying momentum, leading to a breakout in the last sessions. Investors must watch out for the levels before making any positions to gain profits.
Technical Levels
Support Levels of WLD:$8 and $7.60
Support Levels of NEAR: $3 and $2.70
Support Levels of SUI: $1.50 and $1.30
Resistance Levels of WLD: $9 and $9.70
Resistance Levels of NEAR: $4 and $4.50
Resistance Levels of SUI: $1.80 and $2
Disclaimer
The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice.
Andrew is a blockchain developer who developed his interest in cryptocurrencies while pursuing his post-graduation major in blockchain development. He is a keen observer of details and shares his passion for writing, along with coding. His backend knowledge about blockchain helps him give a unique perspective to his writing skills, and a reliable craft at explaining the concepts such as blockchain programming, languages and token minting. He also frequently shares technical details and performance indicators of ICOs and IDOs.
