{"id":9356,"date":"2025-06-13T15:50:16","date_gmt":"2025-06-13T14:50:16","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=9356"},"modified":"2025-06-16T09:35:34","modified_gmt":"2025-06-16T08:35:34","slug":"sui-price-drop-10-percent","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/sui-price-drop-10-percent\/","title":{"rendered":"SUI Crashes 10% in Days ! Is This Just the Beginning ?"},"content":{"rendered":"\n

Current Analysis of SUI<\/h2>\n\n\n\n

SUI<\/a><\/strong> is currently holding around $2.97<\/strong>, with a market capitalization of $10.09 billion<\/strong>. Trading<\/a> volume has increased by over 73% in the last 24 hours, reaching $1.61 billion. However, the SUI market has witnessed $13.39 million in liquidations during this period.<\/p>\n\n\n

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\"SUI
Source: TradingView<\/figcaption><\/figure>\n<\/div>\n\n\n

The overall cryptocurrency<\/a> market opened the day on a bearish note, with a drop of over 4.43%<\/strong> in market capitalization, now standing at $3.24 trillion. The current sentiment is neutral, with the fear and greed index holding at 54. Major assets have entered the red trading zone<\/strong>.<\/p>\n\n\n\n

SUI shows a significant loss of over 10.83%<\/strong> in the last 24 hours. The asset saw a daily peak around $3.37<\/strong>, but the bearish trend, led by strong bears, pushed the price down to a low of $2.94<\/strong>.<\/p>\n\n\n\n

Technical and Fundamental Analysis of SUI<\/h2>\n\n\n\n

A recent technical analysis<\/a> of SUI reveals a bearish confrontation, with the potential to push the price towards a support zone at $2.89<\/strong>. If the asset continues to decline, the price could potentially fall below the $2.80<\/strong> mark, leading to a reinforced bearish movement.<\/p>\n\n\n\n

Conversely, if SUI’s bearish trend reverses, the price could rise and test the resistance near the $3.07<\/strong> level. Further upside correction could trigger a golden cross, allowing the bulls to regain control.<\/p>\n\n\n\n

Additionally, SUI’s Bull Bear Power<\/strong> (BBP) positioned at -0.4684<\/strong> implies a bearish momentum in the market, and the price could continue to face downward pressure. The daily RSI, at 25.95<\/strong>, indicates the asset is in a pronounced oversold zone.<\/p>\n\n\n\n

Although the short-term outlook is concerning, it is crucial to closely monitor market developments to seize the opportunities that arise. Stay vigilant<\/strong> and informed about the latest cryptocurrency sector developments to navigate successfully in this volatile landscape.<\/p>\n\n\n\n

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Buy SUI on Bitget !<\/a><\/div>\n<\/div>\n\n\n\n

More on this topic :<\/strong><\/p>\n\n\n\n