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Sui (SUI) has been making waves in the crypto market, showcasing resilience despite recent pullbacks. With strong buying interest at lower levels and a bullish momentum shift on the charts, investors are watching closely for its next big move. Could it be on the verge of a breakout that pushes it past $3.50 and beyond?
SUI Key Statistics
- Current Price: $2.71
- Market Cap: $8.63 billion
- Trading Volume (24h): $1.35 billion
- Circulating Supply: 3.17 billion SUI
- Total Supply: 10 billion SUI
- CoinMarketCap Ranking: #16
SUI has pulled back 21.92% from its 30-day peak but remains 8.90% higher than last week’s high. Despite this decline, it has shown resilience, climbing 36.37% from its lowest price over the past month and 21.48% from the seven-day low, indicating strong buying interest at lower levels.
SUI/USD Market
Key Levels
- Resistance: $2.90, $3.20, $3.50
- Support: $2.25, $2.00, $1.60
Sui (SUIUSD) is currently trading at $2.7176, showing a promising recovery from its recent lows. The Parabolic SAR suggests a shift towards a bullish trend, with price action creeping above the dotted indicators. Should this momentum persist, SUI may first encounter resistance at $2.90, where selling pressure could emerge. A successful breach of this level might propel the price toward $3.20, a point of previous rejection. If buyers sustain control, the next significant barrier awaits at $3.50, marking a crucial test for further upside potential.
On the downside, immediate support lies at $2.25, aligning with a prior consolidation zone. If bearish sentiment strengthens, it could retreat to $2.00, a psychological level that has previously held firm. A deeper correction may test the $1.60 mark, the lowest point in recent months. However, with MACD displaying early signs of bullish divergence, a continued upward push seems more probable unless external market forces intervene.
Will Sui (SUI) Shatter Expectations and Conquer $3.50?
Sui (SUI) has been carving out a bullish trajectory, inching closer to the highly anticipated $3.50 barrier. With growing investor enthusiasm and a surge in market activity, the token seems primed for a decisive breakout. Momentum traders are closely watching, as each upward push reinforces confidence in Sui’s ability to defy expectations. If the current pace holds, a break above $3.50 could trigger a wave of FOMO-driven buying, potentially transforming resistance into a launchpad for even greater gains. Could this be the moment the coin cements itself as a powerhouse in the crypto space?
Sui Price Analysis: Has a Low Finally Formed?
Beyond price action, Sui’s fundamentals paint an even more compelling picture. Its commitment to high-speed transactions and developer-friendly infrastructure has fueled adoption, drawing attention from major industry players. Strategic partnerships and continuous ecosystem expansion are adding real-world utility, strengthening its long-term value. With a growing network effect and increasing demand, is Sui on the verge of rewriting its own destiny?
SUI/BTC Performance Insight
The SUI/BTC daily chart shows a potential trend reversal as the price rebounds from recent lows of 0.00002564 BTC. The Parabolic SAR dots have shifted below the price, indicating a bullish momentum shift. Additionally, the MACD histogram is turning positive, with the MACD line crossing above the signal line, further supporting the upward movement. The next resistance level to watch is around 0.00003267 BTC, while support remains near 0.00002667 BTC. A sustained push above resistance could signal a stronger recovery, whereas failure to hold current gains may lead to further consolidation.
Supporting this bullish outlook, crypto analyst Greg Miller shared his insights on X, suggesting that Sui Network (SUI) is breaking out of a falling wedge pattern. He indicated that this bullish structure could set the stage for a significant upward movement, potentially doubling in value. Miller also implied that April might be a pivotal month for SUI, hinting at a strong rally ahead.
$SUI – @SuiNetwork breaking out of a Falling Wedge.
Bullish structure forming—potential 100% move ahead.
April could be massive for $SUI. Ready for liftoff? pic.twitter.com/tr8eBTprKO
— Greg Miller (@greg_miller05) March 26, 2025
Alternatives to Sui
Sui’s emphasis on fast transactions and a developer-friendly infrastructure has driven strong adoption, capturing the attention of major industry players. At the same time, Best Wallet, a multi-chain platform supporting SUI and various other blockchains, provides a secure way to manage assets, execute transactions, and access a built-in DEX aggregator. Its features also include fiat conversion and integration with popular payment systems, making it more accessible to users.
For those looking for a more cost-effective alternative to SUI, the $BEST token offers benefits such as lower fees and governance rights within the Best Wallet ecosystem. Its staking program, designed for high yields, and its ability to facilitate cross-chain transactions across multiple DEXs add to its appeal.
Best Wallet Presale Token: Still Good for a Buy
With over $11 million raised in its presale, $BEST is gaining traction as a strong competitor. It serves as an entry point into a growing ecosystem that mirrors Sui’s strengths, providing users with flexible access to the crypto space through its expanding token utility and comprehensive financial features.
Related News
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- Has Bitcoin’s Bull Run Come To An End? Best Wallet Continues Finding High-Potential Opportunities For Investors
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