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.
Canary Capital CEO Steve McClurg predicts that institutional buying via ETFs and digital asset treasury companies will lead the next crypto market phase, potentially pushing large-cap altcoins ahead of Bitcoin. He highlights that assets with real tra...
The SUI cryptocurrency traded at $0.90 on Binance, showing a modest 1.09% gain in 24 hours. Analyst Yash Jain forecasts that if SUI surpasses $1.05, it could rise to $1.60, with a further potential increase to $2 if demand strengthens. This means SUI...
The SUI cryptocurrency rose 3.40% within an hour on Binance, reaching $0.9072, signaling a short-term rebound. However, over the past 24 hours, SUI's price declined by 4.31%, showing a net daily loss. During the same hour, $50,000 worth of short posi...
The SUI token price increased by 7.02% over a four-hour period, reaching $0.8891 as of early October 30, despite a 1.93% decline over the full 24-hour period. This short-term price rise contrasts with the overall daily drop, reflecting market volatil...
The SUI cryptocurrency token fell 7.75% within four hours to $0.8492 on Binance, extending its 24-hour decline to over 10%. During the same period, liquidations of long positions across Binance, Bybit, and OKX totaled $1.85 million, with no short pos...
