SUSHI Price Up 20% to $15.43 – Where to Buy SUSHI

SUSHI is among the most popular tokens when it comes to yield farming. Despite launching a few months back, the SushiSwap decentralized finance (DeFi) network has been actively involved in the DeFi sector. The boom of this network has played an immense role in the growing value of the SUSHI coin.

SUSHI is trading at $15.43 at the time of writing after a 20% gain in 24 hours.

SUSHI Price Analysis

SUSHI Price Analysis 16 Sep
Source: Tradingview

SUSHI has been on a major upswing this week because the crypto market has shown signs of rebounding. Bitcoin has moved to higher ground again after retesting the upper resistance of $48K.

The current uptrend has allowed the coin to move to new monthly highs. If the market bulls continue, we could see the coin shooting towards the upper resistance of $16. The coin has been unable to push to this level; if buyers rally support, it could be attained in intraday trading hours.

Despite the gains, the token still needs to make a 35% jump to create a new all-time high past $23. This will be achieved if the current upswing maintains and if volatility across the broader market drops.

If there is a downtrend, SUSHI will go towards the lower resistance level of $14.80. Such support levels have been tested in the past 24 hours, but the overall bullish sentiment across the broader market has enabled the coin to recover. A strong dip could also push SUSHI to the lows of $13.

DeFi tokens have been on the rise since the recent market rebound. One factor that has set the coin aside besides its venture into DeFi is investing in non-fungible tokens (NFTs). Recently, SushiSwap launched a website aimed at supporting an NFT platform, Shoyu. This will be a major game-changer in SushiSwap’s growth in the NFT sector.

Where to Buy SUSHI

If you want to buy SUSHI during the current upswing, you can create an account on the following exchange platforms:

  • eToro

eToro is a social copy trading platform that supports a wide range of cryptocurrencies and trading pairs. eToro offers low trading fees and a set of other user-friendly features that make it easy for traders to use the platform.

  • Binance

You can also buy SUSHI from Binance. Binance is the largest cryptocurrency exchange platform. It gives support to a broad range of cryptocurrencies. Binance’s trading fees are low, and it supports features that make the platform good for both new and seasoned traders.

Looking to buy or trade Crypto now? Invest at eToro!

67% of retail investor accounts lose money when trading CFDs with this provider

Read more:

How to buy ethereum
How to buy cryptocurrency

Post a Comment

Previous Post Next Post