All opinions Top Picks Most Discussed Crypto Premium Traders API
weak buy
SUI

SUI Price Supports at Risk Amid Downtrend

In the previous analysis shared for SUI, it was noted that if the support at $4.01 was broken, a decline towards $3.83 was anticipated. The level was indeed pierced downwards, leading to a drop that reached as low as $3.78, exceeding the initial target.
Source available for registered users Sign Up Free

AI Analysis

The recent price action of SUI confirms a bearish momentum, as the price broke through the critical support level at $4.01, which led to a further decline. The current support at $3.78 acts as a key j...

AI Recommendation

Traders should watch the support at $3.78 carefully. If the price holds above this level, it could be an opportunity for a rebound, suggesting a possible buy-on-weakness scenario. Conversely, if this ...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in:

don't buy
SUI

SUI Cryptocurrency Price Plummets 23% After $210M Token Unlock Sparks Selloff With Oversold Bounce Indicators

SUI's price drops 23% following a $210M token unlock, but oversold technical signals suggest a potential bounce. Investors should watch key support levels for possible recovery opportunities.
Read full + analytics
don't buy
SUI

Mill City Ventures Plans $500 Million SUI Acquisition Expansion

Mill City Ventures aims to raise up to $500 million to further invest in SUI, highlighting significant institutional interest in this promising blockchain platform.
Read full + analytics
short
SUI

Full Commitment to SUI and IKA

A strong personal conviction in SUI, with a focus on IKA as a pivotal element for future growth within the crypto market.
Read full + analytics
comment
SUI

The Case for Converting Sui to IKA

Considering the potential benefits, converting Sui to IKA might be a strategic move for crypto investors looking to optimize their portfolio.
Read full + analytics
don't buy
SUI

SUI Cryptocurrency Faces Short-term Decline Amid Market Uncertainty

SUI cryptocurrency experiences a slight decline with a -5.70% drop in the past 24 hours amidst active trading volume, highlighting high market engagement. Positioned as a major crypto with a market cap of $12.2 billion, SUI remains a key asset worth watching, despite recent short-term setbacks.
Read full + analytics
don't buy
SUI

SUI Faces Short-Term Downward Pressure Amid Market Volatility

SUI's recent market performance shows a decline with increased volatility and significant trading volume, suggesting active market engagement but also short-term risks amid overall negative sentiment.
Read full + analytics
hold
SUI

Momentum's Web3 Real Estate NFT Sale on SUI: A Likely Cash Grab

Analyzing Momentum's new NFT real estate sale on SUI reveals a hype-driven scheme with limited genuine benefits, likely aiming for a quick cash grab amid market uncertainties.
Read full + analytics
partial buy
SUI

Quantum-Resistant Cryptography Solution for EdDSA Blockchain Platforms Expanding Security without Hard Forks

A new cryptographic method developed by Sui Research offers quantum threat protection for EdDSA-based blockchains like Sui, Solana, Near, and Cosmos, enhancing security without disrupting the network.
Read full + analytics
hold
SUI

Crypto Trader's Long-Term Dream of Wealth and Patience Pays Off

A seasoned crypto trader shares their journey of strategic trading, patience, and long-term wealth accumulation in the volatile cryptocurrency market, emphasizing careful risk management and staking.
Read full + analytics
don't buy
SUI

Crypto Token Unlocks Set to Halve to $3B in August, SUI and FTN Lead

August crypto token unlocks are expected to drop to $3 billion, with SUI and FTN leading the release list, potentially impacting market stability and investor sentiment.
Read full + analytics