- SUI’s price has climbed by over 80% in the last seven days.
- Following the growth trend in the altcoin market, SEI has recorded a 16% uptick.
- However, SEI’s MACD indicator hints at the possibility of a decline.
SUI and SEI are two altcoins whose values have climbed significantly in the last week. According to data from CoinMarketCap, SUI’s price has risen by 85% in the last seven days to rank as the crypto asset with the most gains during that period. At press time, the coin exchanged hands at $1.42.
Conversely, SEI has seen its value climb by 16% during the same period. As of this writing, the coin traded at $0.72.
Demand Pushes SUI Up
SUI’s weighted sentiment observed on a seven-day moving average showed that the coin continues to enjoy a bullish momentum, according to data from Santiment. This has presented itself in the form of increased accumulation for the altcoin.
SUI Weighted Sentiment (Source: Santiment)
The coin’s key momentum indicators revealed that despite the double-digit rise in SUI’s value in the last week, traders continue to favor coin accumulation. For example, SUI’s Relative Strength Index (RSI) was 77.35, while it…
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