1. Sui Price Forms A Bullish Channel
2. Technicals Point To A Continued Increase For The Sui Price
3. Elevating PEPE And The Rest Of The Meme Coin Space

The Sui price soared over 13% in the last 24 hours, reaching $1.21 following the announcement of USDC integration on the Sui network.

Sui Price Forms A Bullish Channel

The Sui price was able to break above the major resistance level at $1.1370 in the last 24 hours. An ascending channel with higher highs and higher lows is forming on the 4-hour chart. If the growth continues, Sui's price may rise above the $1.2965 level and turn it into support.

Technicals Point To A Continued Increase For The Sui Price

From a technical standpoint, indicators on Sui's 4-hour chart suggest the crypto's price might keep climbing in the coming 24 hours. Both the MACD and RSI indicators are showing positive signs. RSI readings have risen from 50 to 68, indicating buyer interest, while the MACD line crossing above the Signal line points to a short-term bullish trend.

Elevating PEPE And The Rest Of The Meme Coin Space

Pepe Unchained aims to improve the transaction speed and reduce costs for PEPE by moving to layer-2. After enhancing PEPE, the project plans to extend its computational capabilities to the entire meme coin sector.

The 13% surge in Sui's price shows positive prospects amid USDC integration and technical growth signals. Meme coin Pepe Unchained also looks promising as it aims to improve transactional features.