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Sui (SUI) trading volumes have gone up by 165% in the past 24 hours and have pushed the token nearly 25% higher after it broke above a key resistance.
The SUI price has risen above the bearish trend that it held since the start of the year, when it marked a new ATH above $5.3. With this breakout, the token has triggered a fresh upswing, which is believed to secure an important resistance level.
The broader crypto market saw a wave of green today, and among the standout performers is Sui ($SUI), which has posted eight consecutive green candles within 24 hours, a 27% surge. The rally follows a renewed appetite for risk in the market, triggered in part by U.S.
Sui has logged eight green candles and a 27% jump as memecoin activity has lifted network volume 54.7% to $4.47 billion. Developer engagement has risen, and a spot ETF filing has bolstered sentiment. Charts have confirmed an ABC breakout pattern that targets $3.20 and possibly $8.99. The post Sui Rockets 27% on Memecoin Frenzy—Will Bulls Break $3.70? appeared first on Cryptonews.
As Bitcoin (BTC) passes $94,000, the altcoins are following. Layer 1 networks Ethereum (ETH), Solana (SOL), and Sui (SUI) are among the top altcoins starting to outperform the number one cryptocurrency.
Sui (SUI) breaks key resistance with 20% rally as network growth and easing trade war concerns fuel optimism for continued gains.
BTC sits at a multi-week peak of over $94,000.
SUI crypto has gone up by by nearly 32%, upholding the positive momentum from the previous trading day. SUI-based meme coins such as MIU, LOFI and BLUB have also gained popularity.
The saying “A rising tide lifts all boats” perfectly captures the current state of the crypto market, as Bitcoin's rise has propelled altcoins higher. Among the beneficiaries are the crypto tokens within the SUI network.
April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.
April 23, 2025 02:25:13 UTC Bitcoin Price Today In USD Bitcoin Price today surged 5.61%, reaching $92,892.57 with a massive 24-hour volume of $56.38B, up 49.5%, and a market cap of $1.84T. Bulls pushed the price above the $92K resistance, with a sharp move testing the $94K zone and forming a high at $93,888.
The Sui (SUI) price has experienced a major bullish breakout in tandem with a pump in the broader crypto market on positive trade war headlines, breaking a key resistance level in the process, and opening up the possibility of further rapid upside in the coming days and weeks. The post Sui Price Analysis: Massive Bullish Breakout Opens Door to Rapid 2x SUI Rally appeared first on Cryptonews.
SUI has seen growth in most key metrics, partially fueled by the memecoin rally, leading to the latest price breakout.
South Korean crypto exchange Upbit has announced a new listing for an altcoin on Sui (SUI), triggering explosive price action. According to a new announcement, Upbit is supporting DeepBook (DEEP) for trading over the Sui network on its platform starting Tuesday.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.
SUI, a blockchain project that many now call Solana's biggest rival, is suddenly back in the action. Over the past week, its price has jumped nearly 25%, going from $1.86 to around $2.32. But this quick surge is just part of a much bigger picture.
Former Goldman Sachs executive Raoul Pal believes that one Solana (SOL) competitor looks to be in a position for a massive breakout. Pal tells his 1.1 million followers on the social media platform X that the Tom DeMark (TD) Sequential Indicator is flashing bullish for the layer-1 platform Sui (SUI).
SUI has been attempting a major price breakout on the charts.
Sui (SUI) and Litecoin (LTC) have both delivered strong gains in the past 24 hours as the market kept pushing their prices to higher levels during the weekend.
Shiba Inu (SHIB) holders have something to cheer about as the meme coin is exhibiting bullish potential, as it has registered an uptick in the past 24 hours. This development has helped SHIB flip two other assets to claim 16th place in terms of ranking by market capitalization.
Made-in-USA crypto assets Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing contrasting signals heading into the final week of April, each offering a distinct setup for traders and investors. Solana has rebounded 6% this week, reclaiming the $130 level after a 53% correction earlier in the year.
The crypto markets initiated the weekly trade with decent gains while Bitcoin price surged above $87,000 and attained significant momentum. The other tokens also surged, but the intensity was lower compared to Bitcoin. Meanwhile, the SUI price is attracting massive volume, which suggests the investors could be extremely bullish about the upcoming price action.
User growth and liquidity inflows hinted at a breakout opportunity on the charts.
Made in USA coins like Solana (SOL), SUI, and Aerodrome Finance (AERO) are showing very different signals heading into the last week of April.
