- The Sushi token price sustains above the 55-EMA during intraday
- The 24-hour trading volume is at $276 million.
- SUSHI/BTC pair is trading negative by -1.5% at 0.00018462 BTC.
Moving Average (EMA) In the SUSHI token daily price chart containing 8,13,21,55 EMA, it is reliable support for currency price movements. Investors can find that price moves above the yellow line and guarantee an uptrend for Sushi as long as prices are above the moving average.
The volume (1.089 million) is below the 20-day moving average (4.858 million). The volume is small, so the cost is a problem. Investors may also notice a reduction in volume. This indicates that unusual changes are normal on the following trading days.
SUSHI Token Price Bounced From The $10 Support
The daily price chart of SUSHI token is on the rise. Depending on the price movement, the support range is between $8 and $10. On the flip side, the resistance area you should be looking for is $14- $16.
The RSI showed a signal of 54 (bullish) with a short-term buy forecast. Investors may find that the indicator’s RSI line is sloping upwards. A rise can happen on future trading days.
The MACD shows a (bullish) cross above the signal line on October 29, indicating a buy signal for the currency. In addition, investors can see tiny green bars in the histogram indicator.
Conclusion
The price of Sushi today is $12.23, with a 24-hour trading volume of $277,598,506. Sushi prices have increased 4.5 percent in the past 24 hours. The supply is 190 million sushi coins, and the total supply is 237 million.
RSI shows, and MACD indicates a buy signal. Traders have directed low volume. In fact, the cost is gradually moving towards the resistance zone. A market overview also shows that this pattern will continue to surge in the coming trading days.
Resistance Level: $14- $16
Support Level: $8- $10