SUI Price Holds Strong Above $1.45 Support, Setting the Stage for a Potential Rally
The post SUI Price Holds Strong Above $1.45 Support, Setting the Stage for a Potential Rally appeared on BitcoinEthereumNews.com.
Key Insights: Sui price remains strong above $1.45, signaling stability despite market fluctuations. SUI’s ecosystem grows with a TVL of $1B and a rise in DEX trading volume. Robinhood and Coinbase listings boost Sui’s market exposure and investor interest. SUI Price Holds Strong Above $1.45 Support, Setting the Stage for a Potential Rally The price of Sui ($SUI) has recently held steady above the $1.45 support level, showing resilience despite fluctuating market conditions. As of press time, $SUI is priced at $1.45 with a 24-hour trading volume of $438 million. Investors are watching closely, as the price has shown signs of strength amid a broader market downturn. Growing Ecosystem Fuels Investor Confidence The Sui ecosystem has been experiencing rapid development, which has helped build investor confidence. With the total value locked (TVL) around $1 billion, the network continues to expand. More decentralized applications (dApps) are being built on the platform, increasing its use and adoption. Michaël van de Poppe, a crypto analyst, highlighted that the fundamental growth is magnificent, and it keeps stacking up. He added that the disconnect between the price and the fundamental valuation is enormous. His statement reflects the positive sentiment around the project. Potential Uptrend Reversal | Source: X As Sui grows in both utility and user base, it could attract more capital as the market begins to shift. SUI is approaching a critical resistance zone, marked by the 20-day moving average (MA) at around $1.6. If the price successfully breaks this level, it could signal the start of an uptrend targeting $3.09 level. Market Recovery Could Drive Capital Flow to Sui The broader crypto market is showing signs of recovery, and with it, capital may begin flowing back to top-performing assets. As Michaël van de Poppe mentioned, “When the markets turn upwards, capital should flow…
Filed under: News - @ December 31, 2025 2:28 pm