At $2.02, SUI’s price is under pressure and receiving negative signs. Technical analysis suggests that SUI could have trouble gaining traction since it will be difficult to breach resistance levels. Low daily trading volumes may further weaken its price performance.

Several analysts predict that SUI’s declining trend may continue without more robust market support. Its prospects are clear once more encouraging signs emerge, but prospective investors are wary.

While there is still hope for SUI’s future, it will require significant assistance to overcome these obstacles and resume a steady rising trajectory. SUI’s trend is gone; analysts are looking at DTX and Chainlink (LINK) as the best prospects in the present market environment.

Sui (SUI) Open Interest Surges But Still In Bearish Conditions

Sui (SUI) Open Interest had risen to almost $400 million since yesterday when the altcoin’s price jumped back to $2. The rise in OI, or open interest, is interpreted by many investors as indicating the possibility of a sustained upward trend.

Additionally, examining the Funding Rate reveals that it has gone negative. The funding rate gauges the general mood of the market. A high positive rate indicates an optimistic perspective, with traders ready to pay more to keep long positions.

A negative one, such as the one for SUI, shows that more traders are prepared to pay more to keep short positions. This position may be negative for SUI when paired with the price activity.

Chainlink (LINK) Sees 7% Price Surge Following Partnership and Increasing Adoption

The HBAR Foundation announced on October 29th that it has partnered with Chainlink Scale, a program that promotes the expansion of layer-2 networks and blockchain on X. Chainlink Scale is a component of Chainlink Economics 2.0, a broader endeavor. Together, these initiatives are focused on lowering Oracle service operating costs and enhancing data security.

Chainlink’s (LINK) price has climbed by almost 7%, showing that the market has cooperated greatly. This demonstrates the increased trust among investors in Chainlink’s (LINK) expanding presence.

Due to our relationship, Chainlink Data Feeds are operating on the Hedera Testnet. Implementing Chainlink Data Feeds and Chainlink’s Cross-Chain Interoperability Protocol (CCIP) on Hedera is merely the beginning; this is the first stage.

The Chainlink (LINK) network continuously increases its DeFi functionality and cross-chain capabilities due to recent agreements, such as the launch of Chainlink (LINK) Data streams on opBNB and the integration with Swift’s messaging network. According to recent price research, Chainlink (LINK) may reach $20, provided the present upward trend holds.

DTX Token: Early Investment Opportunity with Expected 3,500% Growth

Early investors can get stage 4 tokens of DTX Exchange (DTX) for just $0.08. Early investors may receive significant gains at the expected listing price of $0.2. The forecast, however, is anticipated to be far higher following the ICO; professional investors have estimated that the DTX token may increase by more than 3,500%.

The cryptocurrency community is already beginning to investigate DeFi’s potential for development, and investors may see more expansion as a result of DTX’s success.

Investors looking to generate additional revenue have also been drawn to features like staking and the VIP rebate program. The VIP rebate program is a revenue-sharing mechanism. 3% of DTX Exchange’s income will be shared through the program.

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