Wednesday, 4 December 2024
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SUI, POODL price prediction as Binance lists TON meme coin DOGS

SUI and Bittensor remain stable as market bleeds; Milei Moneda emerges to save investors’ portfolios with potential gains

  • Sui (SUI) trades above a key support area, while Poodlana (POODL) is up 10% in the past 24 hours.
  • On the other hand, TON meme coin Dogs (DOGS) will list on Binance and other exchanges.          

Sui (SUI) reached its highest price in two weeks over the weekend, trading above $1.05 as Bitcoin (BTC) retested resistance levels above $64,000.

Meanwhile, TON meme coin Dogs (DOGS) is trending ahead of listing on Binance. Recently launched Poodlana (POODL) is also eyeing further exchange listings. Here’s the price prediction for SUI, DOGS and POODL as Bitcoin shows resilience with BTC near $64k.

Sui (SUI) price prediction

The price of Sui rose to above $1 on the back of strong buying from lows of $0.84 on Aug. 22. The breakout above $1.00 is the second time SUI has tested the psychological level since its breakdown in mid-June. While bears succeeded in pulling prices back below the key level, SUI remains largely in positive territory.

A look at the charts shows that the coin’s current price is above the 50-day simple moving average ($0.80). Moreover, both the daily Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest SUI bulls retain the upper hand.

SUI price on the daily chart. Source: TradingView

Likely, fresh buying will push SUI/USD back above $1.00, with resistance around the $1.10 and $1.50 areas. On the flipside, the areas around $0.80 and $0.63 could offer robust demand reload zones. The primary support area coincides with the 50-day SMA.

DOGS to list on Binance

Dogs (DOGS) is a memecoin on the TON network and which has a huge community on Telegram.

The DOGS mascot is an inspiration from Telegram founder Pavel Durov’s dog – and the Telegram founder’s arrest in France sparked a community rally for his release.

While Durov’s arrest has Toncoin (TON) and various tokens in the Telegram crypto ecosystem facing downside pressure, DOGs is bullish ahead of its debut on Binance.

The exchange announced Dogs as its 57th Launchpool project, with tradning expected on Aug. 26. Binance will list Dogs with four trading pairs – DOGS/USDT, DOGS/BNB, DOGS/FDUSD and DOGS/TRY.

Apart from Binance, crypto exchange Gate.io will also list DOGS with the trading pair of DOGS/USDT going live at 12 pm UTC. The price of DOGS could spike amid the listing, potentially mirroring price performances of meme coins…

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