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SUI Nears All-Time High as Open Interest Doubles to $1.26B in Nine Days

TheNewsCrypto LogoTheNewsCrypto20h ago

SUI Nears All-Time High as Open Interest Doubles to $1.26B in Nine Days - TheNewsCrypto

Quick Summary:

SUI’s performance in early 2025 demonstrates remarkable strength as the cryptocurrency approaches its all-time high.

The sustained price appreciation, backed by significant increases in trading activity and capital inflow, suggests growing institutional and retail confidence in the asset’s fundamental value proposition.

The combination of doubled Open Interest, sustained RSI strength, and proximity to all-time highs suggests SUI could be preparing for a significant move, though careful monitoring of the $4.79 support level remains crucial for maintaining bullish market structure.


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SUI Nears All-Time High as Open Interest Doubles to $1.26B in Nine Days - TheNewsCrypto (Picture 1)SUI Nears All-Time High as Open Interest Doubles to $1.26B in Nine Days - TheNewsCrypto (Picture 2)

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Article Details

Author / Journalist: Vignesh k

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-10 @ 21:55:00 (20 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 263 words

Reading Time: 2 minutes read

Sentences: 22 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 25055237

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 7 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "SUI Nears All-Time High as Open Interest Doubles to $1.26B in Nine Days" was covered 20 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

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The outlet is headquartered in United Arab Emirates and publishes an average of 7 news stories per day.

It's most recent story was published 12 hours ago.

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  • News ID: #25055237
  • URL: https://beamstart.com/news/sui-nears-all-time-high-17365665867392

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