{"id":142545,"date":"2024-11-18T19:00:10","date_gmt":"2024-11-18T17:00:10","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142545"},"modified":"2024-11-18T14:51:03","modified_gmt":"2024-11-18T12:51:03","slug":"this-altcoin-is-the-best-buy-during-bitcoins-correction-says-top-analyst","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/this-altcoin-is-the-best-buy-during-bitcoins-correction-says-top-analyst\/","title":{"rendered":"This Altcoin is the Best Buy During Bitcoin&#8217;s Correction, Says Top Analyst"},"content":{"rendered":"<p>SUI has emerged as one of the most notable performers in the cryptocurrency market this month, with its price surging to new record highs over the weekend.<\/p>\n<p>In the past two weeks alone, the altcoin has experienced a remarkable 105% increase, positioning it as a standout asset in the crypto space. As of now, <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/sui\/\">SUI<\/a> <\/strong>remains just below its peak, indicating it could see further growth in the near future.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">This is still my sweet spot for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#Bitcoin<\/a>.<\/p>\n<p>If you\u2019re trading, probably when Bitcoin corrects, best thing to buy are trending coins.<\/p>\n<p>\u2013 Memes<br>\n\u2013 <a href=\"https:\/\/twitter.com\/search?q=%24GRASS&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$GRASS<\/a><br>\n\u2013 <a href=\"https:\/\/twitter.com\/search?q=%24SUI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$SUI<\/a> &amp; <a href=\"https:\/\/twitter.com\/search?q=%24SEI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$SEI<\/a> <a href=\"https:\/\/t.co\/LRMYRmAXua\" rel=\"nofollow\">pic.twitter.com\/LRMYRmAXua<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/1858226031200465275?ref_src=twsrc%5Etfw\" rel=\"nofollow\">November 17, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The cryptocurrency has gained significant attention from both retail and institutional investors. Analyst Michael Van de Poppe recently highlighted SUI as one of the best investment options during Bitcoin\u2019s market correction.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-142532\" href=\"https:\/\/cryptodnes.bg\/en\/could-poland-lead-europe-with-a-strategic-bitcoin-reserve\/\" title=\"Could Poland Lead Europe with a Strategic Bitcoin Reserve?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/11\/btc_poland2-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Could Poland Lead Europe with a Strategic Bitcoin Reserve?<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Its increasing popularity is reflected in the growing Open Interest (OI) in SUI futures, which has reached a record $826 million. This surge in demand shows that investors are confident in its potential, and many see it as a promising alternative amidst Bitcoin\u2019s volatility.<\/p>\n<p>SUI\u2019s upward momentum is supported by its strong Chaikin Money Flow (CMF), which is currently above the typical reversal range.<\/p>\n<p>This suggests substantial capital inflows and continued investor interest, signaling that the altcoin could experience further exponential growth. While such high CMF levels have historically been followed by corrections, the current breakout implies that SUI could continue attracting significant capital.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Amid a recent surge in the cryptocurrency market, one altcoin has caught the attention of traders and analysts alike, showing strong potential for further growth.<\/p>\n","protected":false},"author":7,"featured_media":31346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[72,424,108,292,372],"coin_category":[],"class_list":["post-142545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-bitcoin","tag-crypto","tag-price","tag-sei","tag-sui"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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