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Sui price has been experiencing a downward trend in recent times, with a 42% drop from its peak value. Currently, SUI is near a critical support level of $3.
The cryptocurrency market will see $324.70 million in token unlocks over the next seven days, with Sui (SUI) leading the cliff unlocks at $203.49 million. According to data from Tokenomist, this week's token unlocks include both cliff and linear releases, with Solana (SOL) continuing to head linear unlocks at $10.56 million per day.
Sui (SUI), a promising altcoin, is showing signs of growth with a significant surge in daily active addresses, hitting a three-month high of 1.4 million. This surge in activity has fueled optimism about SUI's potential for price recovery, despite its recent struggles in the market.
Cryptocurrency prices were mixed last week as concerns about tariffs, interest rates and the $1.4 billion Lazarus Group hack on Bybit. Bitcoin (BTC) price remained below $100,000, while Ethereum (ETH) crashed below the $3,000 mark.
SUI's daily active addresses have surged to hit a 3 months high of 1.4 million.
Sui (SUI) could be on the cusp of a huge rebound, in wake of the price forming a double bottom. Double bottoms often signal that a price floor has been found, and signify that a rebound could be in coming. The post SUI Forms Double-Bottom Pattern – Is This the Start of a Huge Breakout? appeared first on Cryptonews.
Sui integrates SCION to bolster network security and performance, addressing vulnerabilities like BGP hijacking and ensuring reliable validator communication.
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
The cryptocurrency market has continued its upward momentum, marking another day of gains as bullish sentiment strengthens across multiple assets.
Digital assets rallied on Friday as Bitcoin approached $99K. Meanwhile, the substantial rebounds in the altcoin sector have triggered bullish bets from industry experts and analysts. CryptoQuant founder and CEO Ki Young Ju believes the highly-awaited altcoin season has finally kicked off.
The Sui token is currently making significant rebound, outperforming top cryptocurrencies including Bitcoin, Ethereum, and XRP. While these assets are exhibiting modest gains in line with the broader market trend, the Sui price is making impressive strides, surging over 7% in a single day.
SUI has shown signs of recovery, experiencing a 24-hour price increase, but it remains 26% lower over the last 30 days. While the market sentiment remains mixed, technical indicators suggest that SUI might be on the verge of a significant move, potentially leading to a bullish breakout.
SUI has gained some momentum in the last 24 hours, with its market cap now at $10.5 billion. However, it's still trying to recover from a 26% decline over the past 30 days.
SUI, the cryptocurrency that has garnered attention for its recent upward momentum, shows signs of a potentially strong rally. As it hovers near the $3.30 mark, various technical indicators point to an impending price surge, with a possible 24% rise that could push SUI to $4.05.
SUI could soar by 24% to reach $4.05 if it holds itself above the $3 level.
Talus integrates with Sui blockchain to launch its Nexus AI framework and Idol.fun platform, leveraging Walrus for decentralized storage, enhancing onchain AI agent capabilities.
Explore how Sui supports Web3 games, leveraging blockchain for asset ownership, dynamic NFTs, and fully onchain experiences, offering developers enhanced gaming possibilities.
Sui (SUI) has been struggling to maintain momentum in the face of increasing bearish pressure. The token is currently testing the critical $3 support level, which has been pivotal in previous price movements.
During the recent price drop, only a few cryptocurrencies have managed to resist a massive decline, and SUI, the native token of the Sui blockchain, is one of them. The asset's daily chart shows that SUI has remained above the crucial support level of $3 and the 200 Exponential Moving Average (EMA).
With a bullish reversal rally, SUI price breaks the short-term bearish channel. Bouncing off from the $3 mark, the altcoin shows a 15% surge potential within a parallel range. Will this recovery lead to another breakout rally?
SUI, a well-known cryptocurrency, is showing signs that it could drop to $2 before any potential rally. The current price action mirrors a pattern observed in April 2024, where the cryptocurrency faced a decline before bouncing back.
Data showed that $2.84 and $3.9 could be the key support and resistance levels for SUI in the coming weeks.
SUI's price action could be set for a drop, despite growth in total addresses and DEX volume.
SUI is facing mounting pressure as bearish sentiment continues to dominate the market, driving its price toward a critical retest of the $2.8 support level. This key price point has become a focal point for traders and investors, as it could determine the token's short-term trajectory.
