- SUI price 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 might 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% in the previous 24 hours, with positive aspects to highs of $2.91 coming amid a elevate 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. But as the broader market sentiment improves, SUI’s rebound has traders in an optimistic temper as bulls goal additional positive aspects.
Nevertheless, with key resistance ranges looming, the query stays whether or not this surge alerts an enduring bullish development or a bull lure.
Sui price jumps 15% amid crypto bounce
After enduring weeks of downward stress, SUI has rebounded sharply, buying and selling to an intraday excessive of $2.91 on Tuesday. At the time of writing, the altcoin’s price was at $2.79.
The double-digit positive aspects 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 price additionally gained as OKX Pockets teamed up with Navi Protocol and Momentum to “carry BTCfi to life” on Sui. The group can participate for an opportunity to seize a share of $2.5 million in rewards.
Bitcoin, but leveled up — with extra yield, extra rewards, and powered by Sui ⚡️
Excited to see OKX @wallet, @navi_protocol, and @MMTFinance carry 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.
Nevertheless, 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 nicely off its all-time peak of $5.35.
Sui price prediction: Are bulls able to run?
The technical image reveals SUI’s price motion in a descending channel on the every day chart. Sui additionally alerts a broader descending triangle sample. This means 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 implies room for progress. The MACD indicator additionally alerts a possible bullish crossover, highlighting positive aspects as vital for bulls in the event that they wish to take the higher hand.
On this case, the key hurdles will likely be round $3.50 and $4.13. Take these out, and bulls might run to the ATH and better.
Conversely, failure to take care of momentum might see SUI retreat to the $2.43 assist, the place a latest native low fashioned. If bears breach this stage, it is perhaps a massacre to the psychological $2 or decrease.
SUI’s 15% surge displays a broader market restoration and renewed curiosity in the SUI ecosystem.
But, with vital resistance ranges forward and the menace of bearish stress lingering, the token’s trajectory stays unsure.
