SUI Price Reached a New ATH Above $3.12
SUI Token Performance: The SUI token reached a new all-time high (ATH) of $3.12, reflecting a 30% increase in the past 24 hours, while its market cap approached $8.6 billion. Additionally, the Scallop lending protocol saw an 85% price surge over the last week.
Network Growth and Achievements: Sui's network has experienced significant growth with key performance indicators hitting record levels, including DEX volumes and transaction fees. The ecosystem is also preparing for the launch of the Sui Name Service (SuiNS) on November 14, indicating a shift towards a decentralized model.
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Technical Analysis for SCA
Technical Sentiment Analysis for Scallop (SCA) As of , Scallop (SCA) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 4 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SCA stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SCA is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Scallop (SCA) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0232 | 0.0261 | 0.0287 | 0.0316 | 0.0342 | 0.0371 | 0.0397 |
| Fibonacci | 0.0261 | 0.0282 | 0.0295 | 0.0316 | 0.0337 | 0.035 | 0.0371 |
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