XLM and SUI Price Reversal? Bet on $TAP for Higher Returns

Crypto News

XLM and SUI in Red, but This Privacy Coin Surged From $0.0159 to $0.0194 – Can It Reach $1 in Q4? 

$TAP is in an uptrend while the XLM price and the SUI price nosedived. Its projected rally to $1 positions it as this year’s best cryptocurrency investment. 

While the XLM price and SUI price are bleeding red, one token is quietly rallying behind the scenes. Digitap ($TAP), an emerging DeFi-TradFi coin, skyrocketed from $0.0159 to $0.0194, defying broader bearish trends.

Projected to reach $1 in Q4, it could be this year’s best cryptocurrency investment. Also driving bold forecasts is its dedication to anonymity and an intriguing blend of traditional banking and decentralized finance.

XLM Price Tumbles – Can Bulls Force a Rebound?

After a monthly high of $0.41, the XLM price is in a downtrend. A 12% dip on its 7-day chart pushed the altcoin below $0.35, with selling pressure not easing. However, reclaiming $0.4 will not only boost investors’ confidence but will also set the stage for a breakout above the 2018 all-time high of $0.93.

While current market sentiment might be bearish, increasing odds of a Fed interest rate cut in October could push the XLM price upward. The next key level to watch is $0.40, which may be the beginning of a strong reversal.

Meanwhile, according to crypto analyst Ali, a leading expert on X with over 160,000 followers, the XLM price is on track for a rally toward $1 if $0.30 holds. An overall market rally could spark an uptrend in the coming days.

 

SUI Price Downtrend – Has It Bottomed Out?

Following an 18% downturn on the 7-day chart, the SUI price might have bottomed out. However, it can always go lower—the crypto market is intensely volatile. At the time of writing, the altcoin trades around $2.83 after sliding from its weekly high of $3.56.

However, according to technical analysis, it is oversold. The 9-HMA is at 2.76 and Momentum (10) is at −0.74, indicating a potential bounce in the SUI price. But first, the $3 support must be reclaimed before a sustained rally.

Lennaert Snyder, holding a bullish stance, predicts a SUI price rally toward $4.66 if it breaks the $3.54 resistance level. However, bulls’ failure may result in a sell-off toward lower support levels at $2.54 and $2.

 

Digitap: Is $1 Imminent? Learn Why Investors are Stacking Up the $TAP Token

Digitap is at the heart of the current market buzz for defying broader bearish trends. The price recently jumped from $0.0159 to $0.0194 in presale, highlighting massive investor interest and demand. Next is the expected jump to $0.0268 by the next ICO round, positioning it as the best cryptocurrency to invest in today for the short term.

While investors can make modest gains by participating in the presale, experts project a rally to $1 in Q4. Driving these bold forecasts are its privacy features and innovative solutions in the cross-border payments market.

With the global money app now available for download on the Google Play Store and the Apple App Store, users can make borderless transactions and get virtual cards without completing KYC.

Its offshore accounts and end-to-end encryption give true financial privacy. This global payment app further stands out for slashing remittance costs from the 6.2% industry average to less than 1%. Given the real-world problems it solves, experts believe it is primed for mainstream adoption, dubbing it the best new crypto to buy now.

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$TAP – Outperforming SUI and XLM

While Digitap trades upward, the XLM price and the SUI price are in downtrends. Besides the consistent and guaranteed gains in presale, experts predict a jump to $1 from the current price of $0.0194, making it arguably the best cheap crypto to buy now.

Discover the future of crypto cards with Digitap by checking out their live Visa card project here:

Presale: https://presale.Digitap.app   

Website: https://digitap.app/ 

Social: https://linktr.ee/Digitap.app 


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Author

Krasimir Rusev is a journalist with many years of experience in covering cryptocurrencies and financial markets. He specializes in analysis, news, and forecasts for digital assets, providing readers with in-depth and reliable information on the latest market trends. His expertise and professionalism make him a valuable source of information for investors, traders, and anyone who follows the dynamics of the crypto world.

Source: https://coindoo.com/xlm-and-sui-in-red-but-this-privacy-coin-surged-from-0-0159-to-0-0194-can-it-reach-1-in-q4/