{"id":10151,"date":"2022-10-06T20:58:07","date_gmt":"2022-10-06T20:58:07","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/10\/06\/is-sushiswap-sushi-usd-a-good-buy-after-a-13-jump-on-goldentree-investment\/"},"modified":"2022-10-06T20:58:07","modified_gmt":"2022-10-06T20:58:07","slug":"is-sushiswap-sushi-usd-a-good-buy-after-a-13-jump-on-goldentree-investment","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/10\/06\/is-sushiswap-sushi-usd-a-good-buy-after-a-13-jump-on-goldentree-investment\/","title":{"rendered":"Is Sushiswap SUSHI\/USD a good buy after a 13% jump on GoldenTree investment?"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1639059664187-5a9b13df-5fb3-4a89-b139-34b50fce7188-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1639059664187-5a9b13df-5fb3-4a89-b139-34b50fce7188-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1639059664187-5a9b13df-5fb3-4a89-b139-34b50fce7188-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2021\/12\/1639059664187-5a9b13df-5fb3-4a89-b139-34b50fce7188-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2021\/12\/1639059664187-5a9b13df-5fb3-4a89-b139-34b50fce7188.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">SushiSwap rose by 13% on Thursday\u00a0<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">GoldenTree revealed a $5.3 million holding\u00a0<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">SUSHI has hit the descending trendline, and the main target can be on the worth motion<\/p>\n<\/li>\n<\/ul>\n<p dir=\"ltr\">Sushiswap\u00a0<a href=\"https:\/\/coinjournal.net\/sushiswap\/buy\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>SUSHI\/USD<\/u><\/a> rose greater than 13% on Thursday, capping a substantial 18% acquire previously week. The features on Wednesday mirrored surging buying and selling volumes up greater than 130% as of press time. Positive\u00a0<a href=\"https:\/\/coinjournal.net\/news\/asset-management-firm-goldentree-invests-5-2-million-in-sushiswap\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>news\u00a0<\/u><\/a>was behind the surge.<\/p>\n<p dir=\"ltr\">On October 5, world asset supervisor Golden Tree revealed a stake of $5.3 million in SushiSwap. The asset administration agency controls about $50 million in belongings. That indicated a potential massive cash circulate in SUSHI and a validation of the DEX. In its press launch, Golden Tree indicated it had been \u201cfollowing SushiSwap for a while.\u201d<\/p>\n<p dir=\"ltr\">Potentially, the information of funding by GoldenTree hints at what&#8217;s prone to come. The asset supervisor lately unveiled a digital asset-focused division. The firm hinted at extra involvement \u201cin all things Sushi.\u201d GoldenTree additionally plans to assist the DEX enhance its tokenomics.\u00a0<\/p>\n<p dir=\"ltr\">The GoldenTree information reawakens SUSHI from its slumber. The token trades at merely $1.2, having topped $23 in 2021 on the top of the crypto growth.\u00a0<\/p>\n<h2 dir=\"ltr\"><strong>SUSHI meets the descending trendline after the worth pump<\/strong><\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro is a world social funding brokerage firm which provides over 75 cryptocurrencies to spend money on.<\/p>\n<p>It provides crypto buying and selling commission-free and customers on the platform have the choice to manually make investments or socially make investments.<\/p>\n<p>eToro even has a distinctive CopyTrader system which permits customers to mechanically copy the trades of fashionable traders. <\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/etoro-crypto?guid=NzcxMDM&amp;component=simple-table&amp;language=en&amp;country=DE&amp;state=Not+Applicable&amp;position=1&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy SUSHI with eToro today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Cryptoasset investing is unregulated in most EU countries and the UK. No consumer protection. Your capital is at risk. CFD crypto trading is unavailable for clients residing in the UK and US.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<h3>\n    OKX <\/h3>\n<p>OKX is a prime cryptocurrency trade which provides over 140 cryptocurrencies to spend money on.<\/p>\n<p>OKX takes buyer safety very critically, they retailer virtually all of their purchasers&#8217; funds in chilly storage, and the trade is but to be hacked.<\/p>\n<p>On prime of this, the trade provides very low charges and prospects may even use their crypto as collateral for loans on the platform.<\/p>\n<p>\n    <a href=\"https:\/\/coinjournal.net\/visit\/okx-crypto?guid=NzcxMDM&amp;component=simple-table&amp;language=en&amp;country=DE&amp;state=Not+Applicable&amp;position=2&amp;totalPositions=2\" rel=\"noopener nofollow sponsored\"><br \/>\n                    Buy SUSHI with OKX  today            <\/a><br \/>\n            <button class=\"flex items-center mt-2 text-sm text-gray-600 focus:o-outline-none\" data-tooltip=\"Trading in digital assets is considered high risk. Digital assets are NOT backed by any government or central bank. The risk of loss in trading or holding digital assets can be substantial. You should carefully consider whether interacting, holding, or trading digital assets is suitable for you in light of your financial condition.\" aria-expanded=\"false\"><br \/>\n            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><br \/>\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" aria-hidden=\"true\" focusable=\"false\" role=\"img\" viewbox=\"0 0 512 512\" class=\"w-3 h-3\">\n                    <path fill=\"currentColor\" d=\"M256 40c118.621 0 216 96.075 216 216 0 119.291-96.61 216-216 216-119.244 0-216-96.562-216-216 0-119.203 96.602-216 216-216m0-32C119.043 8 8 119.083 8 256c0 136.997 111.043 248 248 248s248-111.003 248-248C504 119.083 392.957 8 256 8zm-36 344h12V232h-12c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12h48c6.627 0 12 5.373 12 12v140h12c6.627 0 12 5.373 12 12v8c0 6.627-5.373 12-12 12h-72c-6.627 0-12-5.373-12-12v-8c0-6.627 5.373-12 12-12zm36-240c-17.673 0-32 14.327-32 32s14.327 32 32 32 32-14.327 32-32-14.327-32-32-32z\"\/>\n                <\/svg><br \/>\n            <\/span><br \/>\n        <\/button>\n    <\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2022\/09\/06\/1665089634458-d6fa4cfb-9259-4685-9831-0d2af5117c3b.png\" style=\"width: 600px\" class=\"fr-fic fr-dib\" width=\"600\" height=\"315\"\/>Source \u2013 TradingView<\/p>\n<p dir=\"ltr\">Technically, SUSHI\u2019s bullish momentum is confirmed by a MACD crossover. The token had already been gathering momentum above $1. With the extent being examined severally this yr, it suggests $1 is the potential backside for SUSHI.\u00a0<\/p>\n<p dir=\"ltr\">The newest jump has pushed SUSHI to the descending trendline. A break above might entice extra consumers, though it stays to be seen how bulls overcome the macro woes. Alternatively, SUSHI might appropriate on the descending trendline.<\/p>\n<h3 dir=\"ltr\"><strong>Concluding ideas<\/strong><\/h3>\n<p dir=\"ltr\">SUSHI stays vulnerable to correction after hitting a descending trendline. A breakout can also be attainable, though a weak crypto sentiment might curtail additional upside. For now, let worth motion play out however keep in mind, SUSHI might have discovered a backside at $1.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/is-sushiswap-a-good-buy-after-a-13-jump-on-goldentree-investment\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] SushiSwap rose by 13% on Thursday\u00a0 GoldenTree revealed a $5.3 million holding\u00a0 SUSHI has hit the descending trendline, and the main target can be on the worth motion Sushiswap\u00a0SUSHI\/USD rose greater than 13% on Thursday, capping a substantial 18% acquire previously week. The features on Wednesday mirrored surging buying and selling volumes up greater [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10153,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[4],"tags":[132,4610,300,301,1030,4608,4609],"class_list":["post-10151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market","tag-buy","tag-goldentree","tag-good","tag-investment","tag-jump","tag-sushiswap","tag-sushiusd","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=10151"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10151\/revisions"}],"predecessor-version":[{"id":10152,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/10151\/revisions\/10152"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/10153"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=10151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=10151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?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