Ethereum’s price still stuck below 2023 levels, why is ETH fighting while Sui and Unil explode

The price of Ethereum has been around a bassist perspective as the Token ETH dropped below the level of $ 1,500 in early April. However, in the midst of improving macroeconomic conditions, Ethereum’s price movement has recovered an upward perspective, after leaving a descending channel.

On May 11, the price of Ethereum arose above the higher trend line, which suggests a potential improvement in the impulse to invalidating the bassist perspective. This has seen that its RSI moves above level 55, indicating a bullish impulse building.

The strongest support of Ethereum is within the level of $ 2,397, where more than 4m addresses have 6.75 million ETH in profits. With the ETH demand that exceeds the sale pressure at the key levels, the Ethereum price movement seems ready to break these resistance areas, pointing at the level of $ 2,700 and potentially claiming the price levels of 2023.

The Sui Blockchain has experienced a significant impulse in the activity with an amazing 245% increase in the volume of DEX during the first quarter of the year. This indicates the activity of the adoption and the developer of the users on the rise within the sui block chain. The expansion of protocols such as the MORSA within the Sui block chain has contributed to a more complete but self -sufficient ecosystem.

The Q1 performance also paints a promising future for the Sui Blockchain. The growing sui defi volume, the expansion of BTCFI and the increase in ecosystem activity will create a powerful effect of the steering wheel for the token. On Thursday, SUI recorded an increase of more than 10% daily to break a key barrier, followed by a weekly rally of more than 45%.

Source: Coinmarketcap

This rally is significant for the Token Sui, which has been in a several -month immersion trend since it reached its $ 5.35 AT four months ago. A rally above the level of $ 3.92 will also confirm another important rally, which could boost the SUI price movement towards the resistance level of $ 4.00, putting a new maximum in the menu if you have impulse. The additional growth of Blockchain will also be added to its impulse of upward trend in the second quarter.

UNILABS (UNIL) is a decentralized asset management platform that combines intelligence -based artificial strategies with defi and traditional financial principles. The platform presents more than $ 30 million in assets while offering access to four specialized Funds, including BTC Fund, AI Fund and Mining Fund, which provides users to exposure to different trends and market risks.

The key innovation of UNILABs meets its ROI tokenized model, which allows users to keep tokens backed by real -time NAV monitoring performance. In addition, investors can increase their profits through participation, generating passive income while improving ecosystem liquidity. UNILABS will also take advantage of an execution approach of multiple strategies, allowing artificial intelligence to change between market segments, including meme coins, in real -time data.

To promote community’s commitment and growth, UNILABs will incorporate a reference layer, allowing users to win by bringing others to the UNIL ecosystem, everything while educating the platform’s income generation opportunities. This has already seen Unil raise more than $ 225K in funds with a low entry price of only $ 0.004.

The Sui Blockchain has registered mass profits as the price of Ethereum recovers an upward perspective. On the other hand, Unilabs is well positioned to capitalize on the increasing the market when providing accessible investment tools based on AI adapted to institutional and retail investors. Its low entrance price also gives investors a unique opportunity to join early before the Unil price increases.

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