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Home Crypto Technical Analysis

SUI, POODL price prediction as Binance lists TON meme coin DOGS

J_News by J_News
August 26, 2024
in Crypto Technical Analysis, Top News
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  • Sui (SUI) trades above a key support area, while Poodlana (POODL) is up 10% in the past 24 hours.
  • On the other hand, TON meme coin Dogs (DOGS) will list on Binance and other exchanges.          

Sui (SUI) reached its highest price in two weeks over the weekend, trading above $1.05 as Bitcoin (BTC) retested resistance levels above $64,000.

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Meanwhile, TON meme coin Dogs (DOGS) is trending ahead of listing on Binance. Recently launched Poodlana (POODL) is also eyeing further exchange listings. Here’s the price prediction for SUI, DOGS and POODL as Bitcoin shows resilience with BTC near $64k.

Sui (SUI) price prediction

The price of Sui rose to above $1 on the back of strong buying from lows of $0.84 on Aug. 22. The breakout above $1.00 is the second time SUI has tested the psychological level since its breakdown in mid-June. While bears succeeded in pulling prices back below the key level, SUI remains largely in positive territory.

A look at the charts shows that the coin’s current price is above the 50-day simple moving average ($0.80). Moreover, both the daily Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) suggest SUI bulls retain the upper hand.

SUI price on the daily chart. Source: TradingView

Likely, fresh buying will push SUI/USD back above $1.00, with resistance around the $1.10 and $1.50 areas. On the flipside, the areas around $0.80 and $0.63 could offer robust demand reload zones. The primary support area coincides with the 50-day SMA.

DOGS to list on Binance

Dogs (DOGS) is a memecoin on the TON network and which has a huge community on Telegram.

The DOGS mascot is an inspiration from Telegram founder Pavel Durov’s dog – and the Telegram founder’s arrest in France sparked a community rally for his release.

While Durov’s arrest has Toncoin (TON) and various tokens in the Telegram crypto ecosystem facing downside pressure, DOGs is bullish ahead of its debut on Binance.

The exchange announced Dogs as its 57th Launchpool project, with tradning expected on Aug. 26. Binance will list Dogs with four trading pairs – DOGS/USDT, DOGS/BNB, DOGS/FDUSD and DOGS/TRY.

Apart from Binance, crypto exchange Gate.io will also list DOGS with the trading pair of DOGS/USDT going live at 12 pm UTC. The price of DOGS could spike amid the listing, potentially mirroring price performances of meme coins such as dogwifhat, Bonk and Popcat.

Poodlana price prediction

Currently, Poodlana (POODL) trades 10% up in 24 hours and +32% in the past week. Per data from CoinMarketCap, trading volume is up 2% at over $1.3 million in the past 24 hours.

The meme coin’s price is at $0.028, with a robust support zone near $0.026. On the upside, the area around $0.038 remains a critical supply zone.

Poodlana (POODL) price on CoinMarketCap

Like Dogs, Poodlana is a new dog-themed meme coin. Launched on Solana, the Poodlana token recently rocketed to presale success with $8 million in 30 days.

Soon after, POODL landed on Raydium and then MEXC. A further milestone came in the form of listing on crypto trading platform BingX. Ahead of these exchange listings, analysts had projected the potential impact of a possible listing on Binance.

Poodlana, a cryptocurrency that blends meme culture and luxury fashion, could soon land on another tier-1 exchange. The Poodlana team recently teased another exchange listing is in the offing.

If Binance takes this step, a combination of global visibility and POODL’s massive market in Asia, could be a huge catalyst.

If interested in buying POODL, visit the official Poodlana website.


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