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Cryptocurrency News Articles
SUI (SUI) Price Analysis: Token's Technicals and Fundamentals Align, Setting the Stage for Continued Upward Momentum
May 01, 2025 at 09:14 pm
Sui (SUI) has been making a bold statement in the cryptocurrency market, with its price surge and growing ecosystem sparking widespread interest. As the token’s technicals and fundamentals align in its favor, the question arises: can SUI’s upward trend continue, or will market volatility catch up with it?
Sui Key Statistics
* STI is currently trading at $3.54.
* SUI has seen significant growth, boasting a market cap of $12 billion and a substantial 24-hour trading volume of $1.68 billion.
* With 3 billion SUI in circulation out of a total supply of 10 billion, the coin’s momentum is undeniable.
* Ranked #11 on CoinMarketCap, SUI’s upward trajectory showcases its increasing influence in the market.
SUI/USD Market
Key Levels:
Support: $3.56, $2.97, $2.39
Resistance: $3.86, $4.32, $5.37
SUIUSD is basking in bullish light today, climbing 3.81% to trade around $3.63. This green candle reflects continued buying interest after April’s impressive breakout. The price remains comfortably above the Keltner Channel midline, indicating a sustained uptrend.
If the momentum stretches further, resistance may surface at $3.86, followed by $4.32, and then the significant high of $5.37. However, if buyers take a breather, nearby support could emerge at $3.56, then at $2.97, and a stronger cushion waits near $2.39—each zone shaped by earlier price memory.
The MACD remains in full bloom, with the fast line towering above the signal line, and strong green bars suggesting buyers are still in control. If this strength continues, the next few sessions may carry SUI into fresh price territory. But if momentum cools or volume thins, a pullback toward the $3.56–$2.97 region could be healthy before the next move. For now, the chart tells a story of strength and conviction—one where bulls still hold the pen.
Is SUI Ready to Reclaim Its Previous High of $5.37?
SUI is in full stride, boasting a 23% gain over the past week and a stunning 54% surge in the last month, as per CoinMarketCap data. With today’s 3.81% rise, the token now trades near $3.63, steadily closing in on its previous high of $5.37.
This strong upward rhythm has turned heads across the crypto landscape, as SUI continues to defy gravity with consistent daily gains. As momentum builds, the token’s recent rally is not just impressive—it’s beginning to look like a statement.
SUI Price Analysis – More Technical Insights
On the fundamental side, SUI’s network has been making notable progress. Enhanced scalability, faster transaction throughput, and active developer engagement are strengthening its foundation. The ecosystem is also witnessing a gradual rise in DeFi activity, alongside growing support from infrastructure partners.
These developments reflect not just hype but real progress behind the scenes. With both price action and fundamentals aligning, the question becomes more captivating—can SUI truly reclaim and surpass the $5.37 mark this time?
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