- SUI value surged 15% to $2.91, rebounding from a weekly low of $2.29.
- Features align with a broader crypto market restoration pushed by improved investor sentiment and easing geopolitical tensions.
- SUI may break above $3 and doubtlessly eye a brand new peak, or dip to assist close to $2.
The SUI token, native to the Sui layer-1 blockchain, has soared by greater than 15% prior to now 24 hours, with beneficial properties to highs of $2.91 coming amid a carry in crypto market sentiment.
Notably, Sui’s uptick halts a month-long decline that pushed the token from highs of $3.80 to its lowest ranges since April. However because the broader market sentiment improves, SUI’s rebound has buyers in an optimistic temper as bulls goal additional beneficial properties.
Nonetheless, with key resistance ranges looming, the query stays whether or not this surge indicators a long-lasting bullish pattern or a bull lure.
Sui value jumps 15% amid crypto bounce
After enduring weeks of downward strain, SUI has rebounded sharply, buying and selling to an intraday excessive of $2.91 on Tuesday. On the time of writing, the altcoin’s value was at $2.79.
The double-digit beneficial properties align with the uptick in costs for the broader cryptocurrency market, with easing geopolitical tensions and Fed chair Jerome Powell’s remarks including to investor confidence.
Sui value additionally gained as OKX Pockets teamed up with Navi Protocol and Momentum to “bring BTCfi to life” on Sui. The group can participate for an opportunity to seize a share of $2.5 million in rewards.
Bitcoin, however leveled up — with extra yield, extra rewards, and powered by Sui ⚡️
Excited to see OKX @pockets, @navi_protocol, and @MMTFinance deliver BTCfi to life. Greater than $2.5M USD in rewards are up for grabs. https://t.co/8PZK5D3Uw3
— Sui (@SuiNetwork) June 24, 2025
The SUI token thus gained as main belongings like Bitcoin (BTC) and main altcoins posted upward strikes.
Nonetheless, SUI’s double-digit surge stands out because it displays a bullish impulse amid what seems as a bearish set nonetheless. The token stays 20% down over the previous month and is properly off its all-time peak of $5.35.
Sui value prediction: Are bulls able to run?
The technical image reveals SUI’s value motion in a descending channel on the every day chart. Sui additionally indicators a broader descending triangle sample. This implies sellers could but have a say regardless of the spike from weekly lows of $2.29.
A take a look at the charts reveals the RSI bouncing off the oversold stage, which suggests room for development. The MACD indicator additionally indicators a possible bullish crossover, highlighting beneficial properties as vital for bulls in the event that they need to take the higher hand.
On this case, the important thing hurdles shall be round $3.50 and $4.13. Take these out, and bulls may run to the ATH and better.
Conversely, failure to keep up momentum may see SUI retreat to the $2.43 assist, the place a latest native low fashioned. If bears breach this stage, it could be a massacre to the psychological $2 or decrease.
SUI’s 15% surge displays a broader market restoration and renewed curiosity within the SUI ecosystem.
But, with vital resistance ranges forward and the specter of bearish strain lingering, the token’s trajectory stays unsure.
