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SUSHI News Today: SUSHI Aims for $1.212 in Today’s Price Prediction – 09 Jan 2024

1 Mins read

As the cryptocurrency market remains a focal point for investors, SUSHI Coin emerges as a key player on 09 Jan 2024. Trading at $1.0920 as of 3:38 am UTC, SUSHI is currently positioned above its pivot price of $1.048, signaling a potential bullish trend.

SUSHI News Today
SUSHI News 09 Jan 2024
SUSHI Price Prediction Today

SUSHI Price Target Today

Given SUSHI’s current position above the pivot price, it suggests a bullish momentum. In this scenario, SUSHI may target the resistance levels at $1.111, $1.15, and even reach a high of $1.212.

SUSHI News Today
SUSHI News 09 Jan 2024
SUSHI Price Prediction Today

This chart is generated from Tradingview.com: https://in.tradingview.com/chart/?symbol=BINANCE:SUSHIUSDT.P

SUSHI Price Prediction Today

However, the cryptocurrency market’s inherent volatility means there is also the possibility of a bearish reversal. In the event of a market sentiment shift, SUSHI might encounter support levels at $0.986, $0.947, and, in a more bearish scenario, $0.885.

SUSHI Price Prediction

Reviewing SUSHI’s performance from the previous day, the token achieved a high of $1.1078 and a low of $0.9412. This price range illustrates the presence of both bullish and bearish forces in the market. Exceeding yesterday’s high could pave the way for SUSHI to reach the ambitious target of $1.212, while falling below yesterday’s low may trigger a bearish correction towards the support levels.

SUSHI/USDT Daily Chart Analysis

A detailed analysis of the SUSHI/USDT daily chart from yesterday reveals significant price fluctuations, indicative of varying market sentiments. Approaching yesterday’s high suggests a bullish inclination, while descending to the day’s low highlights bearish pressures.


Disclaimer: This article is intended solely for educational purposes and should not be construed as financial advice. It is imperative for investors to conduct their research or seek advice from a financial advisor before making any investment decisions.

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Matthew Garcia is a crypto article writer with over 5 years of experience in the industry. He is passionate about writing about the latest news and trends in the cryptocurrency space, and he has a deep understanding of the technology behind blockchain. Matthew Garcia has written for a variety of publications, including CoinDesk, The Block, and CryptoSlate. He is also a regular contributor to the Ailtra.io blog, where he writes about the latest developments in the Ailtra ecosystem. Matthew Garcia is a skilled writer with a knack for explaining complex technical concepts in a clear and concise way. He is also a creative writer who is able to produce engaging and informative content. Matthew Garcia is always up-to-date on the latest news and trends in the crypto space, and he is always looking for new ways to share his knowledge with others.
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