Cryptopolitan
2021-09-12 14:14:03

Sushiswap Price Analysis: SUSHI bounces from $10 support, looks to retest $12 next?

TL;DR Breakdown Sushiswap price analysis is bullish for today.SUSHI/USD saw a strong advance overnight.SUSHI is set to retest the $12 resistance next. Sushiswap price analysis is bullish today as the market rallied from the $10 support over the last 24 hours and is currently looking to retest the $12 resistance. Therefore, we expect SUHSI/USD to break above the $12 resistance next and move higher from there next week. Cryptocurrency heat map. Source: Coin360 The overall market traded with a slight bullish momentum over the last 24 hours. The market leader, Bitcoin, is up by 0.68 percent, while Ethereum has gained 3.27 percent. Meanwhile, Solana (SOL) is the worst performer, with a loss of more than 6.5 percent. Sushiswap price movement in the last 24 hours: Sushiswap rallies away from the $10 support SUSHI/USD traded in a range of $10.36 – $11.39, indicating strong volatility over the last 24 hours. Trading volume has decreased by 7.57 percent and totals $223.7 billion, while the total market cap trades around $1.422 billion, ranking the coin in 78th place overall. SUSHI/USD 4-hour chart: SUHSI targets $12 next? On the 4-hour chart, we can see the Sushiswap price advancing today as bulls target the $12 resistance next. SUSHI/USD 4-hour chart. Source: TradingView Sushiswap price action traded with substantial volatility over the past weeks. After rallying to the $14 resistance during the first days of September, a lo...

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