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Cryptopolitan 2021-09-22 04:40:15

Sushiswap price analysis: We expect SUSHI/USD to break above $10 before midnight

TL;DR Breakdown Sushiswap price analysis is bullish for today.SUSHI/USD is currently trading at $9.5.SUSHI is set to break above the minor resistance at $10. For today, Sushiswap’s price analysis is favorable since the market has retreated to $10 over the previous 24 hours before showing signs of rejection for a further decline. Later today, we anticipate SUSHI/USD to reverse and recoup some of its losses. The Bollinger Bands on the 5-day Sushiswap price analysis chart are relatively narrow, implying minimal fluctuation in the cryptocurrency. Since the upper band of SUSHI/USD is close to being crossed, the currency is displaying a minor bullish trend. Source: Coin360 The entire cryptocurrency heat map is red; This is an indication of the negative market trend. The giant virtual currency is trading in the same bear trend as the coin has dropped by a few thousand dollars and seems to be going further downwards despite reaching its $50 target two weeks ago. BTC is currently trading at $42.2. ETH is also trading in a severe bear trend so is the Binance coin (BNB). Even though the market has been bearish, some coins have managed to be bullish, THETA has recorded a more than 15 percent price increase in the last few hours, and the bull trend does not seem to be seizing anytime soon. The meme coin also trades in a negative direction. At the time of writing, the meme coin is trading at $0.26. SUSHI/USD 4-hour chart: Bulls struggles ...

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