Sui (SUI) cryptocurrency fell 8.76% over the past week, pressured by upcoming token unlocks totaling 13.72 million tokens on August 1, which may increase supply and selling pressure. The market shows short-term bearish sentiment with declining open interest and spot CVD, though aggressive short selling has not yet begun. SUI is trading near the lower end of its recent consolidation range ($0.70-$0.77), offering swing traders a potential buy opportunity targeting a 10% rally, but a sustained breakout above $1.42 is needed to reverse the long-term downtrend.
Shiba Inu (SHIB) experienced a sudden 25% price increase over a weekend, driven by renewed interest in its Web3 projects and a significant withdrawal of tokens from exchanges to self-custodial wallets. This shift has reduced available supply, potenti...
SUI cryptocurrency fell to about $0.72, nearing the lower band of its Gaussian Channel, a technical support level that traders watch for potential price rebounds. This drop places SUI roughly 86% below its all-time high of $5.35 from January 2025. De...
SUI token's recovery is pressured by ongoing token unlocks, with 13.72 million tokens worth $9.76 million set to unlock on August 1, adding to recent releases. Despite increased supply, the price is consolidating around $0.70 support, showing no pani...
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 an...
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...
