Tuesday, July 1, 2025
Daily Crypto Post
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact
No Result
View All Result
Daily Crypto Post
No Result
View All Result

Sui Price Prediction: Will Strong Sentiment Push It to New Highs?

Veronicah Peninah by Veronicah Peninah
February 13, 2025
in Binance Feed, Market
Reading Time: 4 mins read
Sui Price Prediction: Will Strong Sentiment Push It to New Highs?
Share on FacebookShare on TwitterShare on RedditShare on Telegram
  • Sui’s 10% daily increase alongside a 259% five-month surge highlights strong investor confidence and sustained momentum.
  • Positive sentiment dominates with a 5:1 ratio, reinforcing bullish market behavior and price appreciation.
  • With high trading volume and strong volatility, breaking the $3.65 resistance could push SUI towards $4.50 – $5.00.

Sui’s ($SUI) market cap has experienced a notable resurgence, increasing by 10% in the last 24 hours. The broader cryptocurrency market has remained largely stable, with most assets showing limited movement. This resurgence has sparked discussions regarding the sustainability of Sui’s upward trend, particularly given its recent performance and investor sentiment.

Social Media Sentiment and Market Indicators

Investor sentiment has played a significant role in Sui’s price movements. According to recent data from Santiment,  a significant negative sentiment spike in late October hints at a previous market scare, possibly due to adverse news or external economic factors. 

Related articles

SEI Gains Momentum as Wyoming Stablecoin Bid Lifts Market Interest

SEI Gains Momentum as Wyoming Stablecoin Bid Lifts Market Interest

June 30, 2025
Liquidity Concentration on CEXes Highlights Maturity and Gaps in Top Crypto Assets

Liquidity Concentration on CEXes Highlights Maturity and Gaps in Top Crypto Assets

June 30, 2025
Source: Santiment(X)

However, since early January, positive sentiment bars have dominated, coinciding with continued price appreciation.The price increased by +259%, reaching $3.97 as of February 12, 2025. The overall sentiment indicates that positive commentary (7.77 total) is vastly outweighing negative commentary (1.61 total), creating a 5:1 ratio—the highest bullish sentiment recorded in this period. This suggests heightened investor confidence and growing optimism in the SUI asset.

Sui  Short-Term Gain and Factors Driving it Performance

Sui’s recent 10% daily increase is a strong affirmation of its ongoing momentum, complementing its impressive 259% growth over the past five months. Currently trading at $3.53, it has seen a 8.1%% price surge.This sustained rally highlights robust demand and a resilient market presence, reinforcing investor confidence in its long-term potential.

Several elements have contributed to Sui’s market performance. The cryptocurrency has gained traction within the DeFi and gaming sectors, emphasizing its fast and cost-efficient transactions. These developments have bolstered confidence in Sui’s long-term prospects, encouraging more market participation.

Sui Early Decline and Accumulation with Rising Volume

According to data from Coinglass, SUI experienced a sharp decline from its early highs above $2.00 in April, reaching a low of approximately $0.4810 by mid-July. However, from late July through September, a phase of gradual accumulation emerged, as volume increased and the price showed minor upward movement. 

Source:Coinglass

From October onwards, SUI entered a bullish phase, with both price and volume surging. The price moved past $1.50, gaining significant traction, and by late December, it had surpassed $4.00, peaking above $5.00 in early January. However, the price corrected shortly after, stabilizing around the $3.00 – $3.50 range in February, with high trading volume indicating continued market engagement. The strong volatility suggests that SUI is at a critical juncture.

If bullish sentiment prevails, the price could push towards $4.50 – $5.00, particularly if it breaks the $4.00 resistance. However, a drop below $3.00 could lead to further declines towards $2.50, with key support near $2.00. For today, SUI might trade between $3.80 – $4.20, while a bearish downturn could see it drop to $2.80 – $3.00. While the altcoin has demonstrated resilience, its long-term success will depend on sustained adoption and strategic development.

Tags: Altcoin NewsPrice Analysis

Related Posts

SEI Gains Momentum as Wyoming Stablecoin Bid Lifts Market Interest

SEI Gains Momentum as Wyoming Stablecoin Bid Lifts Market Interest

by Munene Timothy
June 30, 2025

SEI surged by 50% in a week after Wyoming shortlisted it for its WYST stablecoin, boosting investor sentiment and public...

Liquidity Concentration on CEXes Highlights Maturity and Gaps in Top Crypto Assets

Liquidity Concentration on CEXes Highlights Maturity and Gaps in Top Crypto Assets

by Irene Mukiri
June 30, 2025

XRP liquidity is concentrated on Bitget, Binance, and Coinbase, totaling 67% depth. Solana surpasses XRP in liquidity strength despite its...

ETH Holds Ground After Liquidity Sweep, Resistance Retest Signals Potential Move to $3,400

ETH Holds Ground After Liquidity Sweep, Resistance Retest Signals Potential Move to $3,400

by Veronicah Peninah
June 30, 2025

Ethereum holds support at $2,425.62 after a key liquidity sweep near $2,300, indicating buyer interest. Multiple rejections at $2,700–$2,800 show...

Helius CEO Admits XRP Has Outshined Solana, Cites Technological Gap

Helius CEO Admits XRP Has Outshined Solana, Cites Technological Gap

by Jonathan Carls
June 30, 2025

XRP outperforms Solana in 2025, gaining 360% and surpassing SOL in market ranking. Mert Mumtaz’s comments signal a possible shift...

Is PEPE Leading the Meme Coin Revival Analyst Sees Jackpot July

Is PEPE Leading the Meme Coin Revival? Analyst Sees “Jackpot July”

by Munene Timothy
June 30, 2025

PEPE broke out of a falling wedge pattern with rising volume, indicating a potential bullish trend reversal. RSI at 45.39...

Load More

Recent News

  • SEI Gains Momentum as Wyoming Stablecoin Bid Lifts Market Interest
  • Liquidity Concentration on CEXes Highlights Maturity and Gaps in Top Crypto Assets
  • ETH Holds Ground After Liquidity Sweep, Resistance Retest Signals Potential Move to $3,400
  • Helius CEO Admits XRP Has Outshined Solana, Cites Technological Gap
  • Is PEPE Leading the Meme Coin Revival? Analyst Sees “Jackpot July”

Popular News

  • JasmyCoin Sets Bold $17 Price Target by 2026 as User Adoption Surges

    JasmyCoin Sets Bold $17 Price Target by 2026 as User Adoption Surges

    227 shares
    Share 91 Tweet 57
  • Will SHIB’s Utility Tokens Fuel Its Rise Over TON?

    204 shares
    Share 82 Tweet 51
  • Solana: SOL Has Just Reclaimed $7 Billion in DeFi TVL

    231 shares
    Share 92 Tweet 58
  • Over $33M in Token Unlocks Set to Impact Crypto Markets Amid Escalating Global Tensions

    199 shares
    Share 80 Tweet 50
  • Aptos and Filecoin Lead the Next Layer 1 Push — Will They Sustain the Rally?

    195 shares
    Share 78 Tweet 49

Live Crypto News | Bitcoin and Altcoins News & Insights.

Recent News

SEI Gains Momentum as Wyoming Stablecoin Bid Lifts Market Interest
SEI Gains Momentum as Wyoming Stablecoin Bid Lifts Market Interest
June 30, 2025
Liquidity Concentration on CEXes Highlights Maturity and Gaps in Top Crypto Assets
Liquidity Concentration on CEXes Highlights Maturity and Gaps in Top Crypto Assets
June 30, 2025
ETH Holds Ground After Liquidity Sweep, Resistance Retest Signals Potential Move to $3,400
ETH Holds Ground After Liquidity Sweep, Resistance Retest Signals Potential Move to $3,400
June 30, 2025

© Daily Crypto Post. Live Crypto News | Bitcoin and Altcoins News & Insights. All Rights Reserved.

No Result
View All Result
  • Home
  • News
    • Altcoins News
    • Cryptocurrency News
  • Market
    • Price Analysis
  • About
  • Contact