On the road to a higher valuation, some cryptocurrencies are able to fight back fluctuations, making them price better than their counterparts despite the market’s inherent volatility. One of these crypto coins is the Render (RNDR) token which has recently made impressive gains as it aims to hit a new resistance price of $6.3785.
In contrast, Sui (SUI) token is barely holding up, following a weekly decline that has plunged its price below weekly support threshold. Meanwhile, Pullix (PLX), an upcoming DeFi gem is already making waves all over again in the Defi market as it announced another listing on BitMart.
What you'll learn 👉
Render Token (RNDR) Appreciates Significantly As It Approaches New Resistance Level
Render (RNDR) price has surged more than 24% in the past week, trading at a weekly range of $4.91 to $6.6 to add to its overall impressive returns exceeding 266% from this time last year till.
RNDR token has also been able to gain a total of 52.16% gain in the past month. This recent breakout from a long-standing price channel and the strong position above the 200-day moving average highlight bullish sentiment and sustained investor interest.
Despite a minor pullback during the course of the week, Render token has shown promising signs for a potential uptrend. Key indicators such as the RSI and MACD point towards further growth, with $7 identified as the next significant resistance level.
Looking ahead, the overall positive market sentiment and favorable technical signals indicate the potential for RNDR token to reach new highs beyond these resistance levels.
Pullix (PLX) Is Gaining More Traction In The End of Its Presale As It Awaits a New Listing on BitMart
Pullix (PLX) is carving out a distinct niche in the DeFi market as it addresses liquidity issues prevalent across centralized and decentralized exchanges. The platform’s Trade-to-Earn exchange concept ushers in a unique profit share model, rewarding users for their trading activities, which sets it apart from other DeFi projects.
Currently in the bonus stage of its presale, excitement mounts with each token sold at $0.14, bringing its total raised funds to about $8 million. This milestone not only underscores the importance of the project but also fuels anticipation for its upcoming listing on top-tier exchanges, including BitMart.
What truly distinguishes Pullix is its hybrid approach, integrating features from both centralized and decentralized finance (CeFi and DeFi) to provide users with a streamlined trading experience. Alongside its competitive rates, Pullix offers anonymous trading options and robust security measures, including user-controlled private keys.
By simplifying and reinforcing the investing and trading process, Pullix is dedicated to empowering its users with a platform that combines convenience and security. In essence, Pullix represents more than just a cryptocurrency; it embodies a paradigm shift towards a more inclusive, efficient, and secure ecosystem for the entire DeFi market.
Sui (SUI) Falls Below Weekly Support Price But Shows Promise of Imminent Rise
Sui made headlines on February 13 with the unveiling of the AUS-Sui blockchain academy in partnership with the American University of Sharjah. This announcement stirred excitement within the Sui community, leading to a recent uptick in the value of SUI token.
SUI is currently trading in a weekly range of $1.71 to $1.94, after gaining over 58.53% increase in the past month. However, surprisingly, Sui price have dropped again as it fell deeply below its support price of $1.8002, in a overall weekly loss of 5.51%
Market analysts have differing opinions on the future price of Sui trajectory. Some express optimism, citing positive developments within the ecosystem, and anticipate SUI soaring to $2.112 by the end of March. Conversely, others adopt a more cautious stance of a dip to $1.645, citing selling pressure from profit-seeking investors.
For more information regarding Pullix’s presale see links below:
Visit Pullix | Join The Pullix Communities
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