您现在的位置是:Is Sushiswap SUSHI/USD a good buy after a 13% jump on GoldenTree investment? >>正文
Is Sushiswap SUSHI/USD a good buy after a 13% jump on GoldenTree investment?
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛23人已围观
简介SushiSwap rose by 13% on ThursdayGoldenTree revealed a $5.3 million holdingSUSHI has hit the descend...
SushiSwap rose by 13% on Thursday
GoldenTree revealed a $5.3 million holding
SUSHI has hit the descending trendline, and the focus will be on the price action
Sushiswap SUSHI/USDrose more than 13% on Thursday, capping a substantial 18% gain in the past week. The gains on Wednesday reflected surging trading volumes up more than 130% as of press time. Positive news was behind the surge.
On October 5, global asset manager Golden Tree revealed a stake of $5.3 million in SushiSwap. The asset management firm controls about $50 million in assets. That indicated a potential big money flow in SUSHI and a validation of the DEX. In its press release, Golden Tree indicated it had been “following SushiSwap for a while.”
Potentially, the news of investment by GoldenTree hints at what is likely to come. The asset manager recently unveiled a digital asset-focused division. The company hinted at more involvement “in all things Sushi.” GoldenTree also plans to help the DEX improve its tokenomics.
The GoldenTree news reawakens SUSHI from its slumber. The token trades at merely $1.2, having topped $23 in 2021 at the height of the crypto boom.
SUSHI meets the descending trendline after the price pump
eToro
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Open AccountPublic
Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.
Buy SUSHI with Public todaySource – TradingView
Technically, SUSHI’s bullish momentum is confirmed by a MACD crossover. The token had already been gathering momentum above $1. With the level being tested severally this year, it suggests $1 is the potential bottom for SUSHI.
The latest jump has pushed SUSHI to the descending trendline. A break above could attract more buyers, although it remains to be seen how bulls overcome the macro woes. Alternatively, SUSHI could correct at the descending trendline.
Concluding thoughts
SUSHI remains susceptible to correction after hitting a descending trendline. A breakout is also possible, although a weak crypto sentiment could curtail further upside. For now, let price action play out but remember, SUSHI could have found a bottom at $1.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/4957.html
相关文章
Video game developer Ubisoft leads Animoca's latest funding round
Is Sushiswap SUSHI/USD a good buy after a 13% jump on GoldenTree investment?Animoca's blockchain & digital entertainment spin-off Animoca Brands and Galaxy Digital's Intera...
阅读更多
Thanks to GPT, now you can have conversations with Unitree's new AI robodog
Is Sushiswap SUSHI/USD a good buy after a 13% jump on GoldenTree investment?By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.Robotic d...
阅读更多
Food delivery robots are being robbed in the US
Is Sushiswap SUSHI/USD a good buy after a 13% jump on GoldenTree investment?By subscribing, you agree to our Terms of Use and Policies You may unsubscribe at any time.Food deli...
阅读更多
热门文章
- The GoodDollar Experiment
- Engineers improve battery life by coating anodes with metal particles
- Wallet Holder Moves 1,000 Bitcoin From The Satoshi Era
- Flare Blockchain integrates with Arkham’s Intelligence Platform
- OKEx Halts Crypto Withdrawals Due to Arrest of Founder
- MicroStrategy purchases 5,445 bitcoins as Chancer’s presale hits $2.2m
最新文章
Radix Babylon Upgrade Marks New Era for Web3 User and Developer Experience
Blockchain Wire adds SHIB to list of accepted crypto
Next gen internet platforms will be decentralised, says Variant co
Next gen internet platforms will be decentralised, says Variant co
Livepeer up 140% in a week: here’s where to buy
Binance CEO says Dogecoin's growth indicates decentralisation in crypto