Sui (SUI) experienced a 5% price drop in 24 hours despite Coinbase enabling direct staking with rewards credited to users. This unexpected sell-off came amid a broader crypto market downturn, with Bitcoin and Ethereum also down slightly. Technical analysis shows SUI holding support around $0.66 but facing resistance near $0.82, suggesting traders watch for a breakout or breakdown. The token is currently trading within a narrow $0.70-$0.77 range, offering potential short-term trading opportunities while the market decides its next move.
Bitcoin remained steady just below $65,000 while the broader crypto market showed gains even as Brent crude oil surged to $97.66, its highest since May, driven by ongoing Iran conflict concerns. This resilience contrasts with past oil price spikes th...
Coinbase has introduced staking for the SUI token, allowing users to earn estimated annual rewards between 1.4% and 3.3% with a minimum of one token. Rewards are distributed daily and automatically compounded, but availability depends on the user's l...
Analysts have identified $5, $8, and $13 as potential near-term price targets for SUI, highlighting its chart as one of the cleanest in crypto. Michael van de Poppe noted early recovery signs in SUI and other altcoins, suggesting a possible market tu...
