【High-volume sideways trading after the 2017 plunge】
In 2017, I saw altcoins plunge sharply, with weekly charts still falling while daily charts looked like they couldn’t fall much further, and trading volume suddenly surging. Bears wanted to drive prices down; bulls wanted to snap them up. Volume came first, but the direction didn’t necessarily follow. SUI is showing signs of that now.
On the daily chart, it’s down 12.1% in 7 days, with the price trapped in
In 2017, I saw altcoins plunge sharply, with weekly charts still falling while daily charts looked like they couldn’t fall much further, and trading volume suddenly surging. Bears wanted to drive prices down; bulls wanted to snap them up. Volume came first, but the direction didn’t necessarily follow. SUI is showing signs of that now.
On the daily chart, it’s down 12.1% in 7 days, with the price trapped in
