Sui ($SUI) Crypto Forecast: Down 8.7% Today

What is Sui?

SUI is a cryptocurrency token that showcased a substantial bearish movement today amid overall market volatility and notable movements in altcoins.

Why is Sui going down?

SUI crypto is down 8.7% on Mar 29, 2025 13:41

• The downward trend in SUI's price could be linked to the looming death cross signal, hinting at a potential reversal in trend.
• The introduction of the decentralized storage protocol Walrus, leveraging SUI, initially generated a positive outlook but failed to maintain bullish momentum.
• Despite ranking among the top gainers for the day, bearish market sentiment and technical indicators, such as the death cross, appeared to heavily impact SUI's price trajectory.
• Traders who shifted focus towards recently launched altcoins and prominent assets like Chainlink may have detracted attention from SUI, contributing to its bearish movement.

SUI Price Chart

SUI Technical Analysis

SUI News

Trader Says Newly Launched Altcoin About To ‘Open the Gates’ to 70% Rally, Updates Outlook on XRP and SUI

Trader Says Newly Launched Altcoin About To ‘Open the Gates’ to 70% Rally, Updates Outlook on XRP and SUI

https://dailyhodl.com/2025/03/29/trader-says-newly-launched-altcoin-about-to-open-the-gates-to-70-rally-updates-outlook-on-xrp-and-sui/

Chainlink Monthly Close To Determine LINK’s Fate – Here Are The Levels To Watch

Chainlink Monthly Close To Determine LINK’s Fate – Here Are The Levels To Watch

https://www.newsbtc.com/news/chainlink-monthly-close-to-determine-links-fate-here-are-the-levels-to-watch/

SUI Faces Death Cross, But Price Nearing $3 Could Reverse Losses

SUI Faces Death Cross, But Price Nearing $3 Could Reverse Losses

https://beincrypto.com/sui-price-faces-death-cross-but-reversal-losses/

Top 3 Crypto Gainers Today: SUI,TONCOIN, Pi Network Price Predictions

SUI, Toncoin (TON), and Pi Network (PI) have emerged as the top-performing assets among the top 20 ranked cryptocurrencies on Thursday.

https://www.fxstreet.com/cryptocurrencies/news/top-3-crypto-gainers-today-sui-toncoin-pi-network-price-predictions-202503280220

Sui-based Decentralized Storage Protocol Walrus Launches Mainnet

Sui-based Decentralized Storage Protocol Walrus Launches Mainnet

https://thedefiant.io/news/blockchains/sui-based-decentralized-storage-protocol-walrus-launches-mainnet

Trending Today

Pepe ($PEPE) Crypto Forecast: Down 5.3% Today

dogwifhat ($WIF) Crypto Forecast: Down 7.2% Today

Sonic (prev. FTM) ($S) Crypto Forecast: Down 10.9% Today

Sui ($SUI) Crypto Forecast: Down 8.7% Today

Toncoin ($TON) Crypto Forecast: Down 6.8% Today

Bonk ($BONK) Crypto Forecast: Down 10.1% Today

Dogecoin ($DOGE) Crypto Forecast: Down 5.9% Today

XRP ($XRP) Crypto Forecast: Down 7.1% Today

Shiba Inu ($SHIB) Crypto Forecast: Down 5.3% Today

Binance Coin ($BNB) Crypto Forecast: Down 5.2% Today

Sui Price History

29.02.2025 - SUI Crypto was down 8.5%

• SUI faced a bearish movement possibly due to the overall market sentiment and the potential for a Bitcoin Death Cross.
• The news of SUI facing a Death Cross might have triggered selling pressure among investors, leading to the bearish movement.
• Despite the negative market movement, the launch of the Walrus mainnet could potentially bring positive developments for SUI in the future.
• The price nearing $3 could be a critical level to watch for a potential reversal of losses, indicating a possible turning point for SUI's price action.

28.02.2025 - SUI Crypto was down 5.9%

• Despite recent gains, SUI faced a bearish trend today, possibly due to profit-taking by investors.
• The launch of the Sui-based Decentralized Storage Protocol Walrus mainnet could not prevent the bearish movement of SUI, indicating that other market factors were at play.
• The overall sideways trading of major cryptocurrencies like Bitcoin and Ethereum, along with warnings of a potential BTC Death Cross, may have contributed to the negative sentiment in the crypto market, impacting SUI as well.
• Implications about a potential breakout for SUI near the $2.82 resistance level might have created false expectations, leading to disappointment among investors and triggering the bearish movement.

26.02.2025 - SUI Crypto was up 7.9%

• SUI experienced a strong bullish movement likely due to the positive sentiment in the overall cryptocurrency market.
• The anticipation of the Seed Airdrop listing on BingX and KuCoin might have also contributed to the bullish momentum of SUI.
• The general optimism in the market, with suggestions of altcoins about to soar and top DeFi projects showing strong development, could have further boosted investor confidence in SUI.
• The positive price action of Bitcoin and other altcoins like Avalanche might have created a favorable environment for SUI to thrive, attracting more investors to the token.

26.02.2025 - SUI Crypto was up 5.2%

• Endorsement from Grayscale positioning SUI as a strong contender against Ethereum likely bolstered investor confidence in the token's prospects, resulting in a rise in its value.
• The upcoming Seed Airdrop listing on BingX and KuCoin generating excitement around SUI might have attracted more traders to participate in the token.
• Positive market sentiment, mirrored in Bitcoin's price surge and Avalanche's gains, may have played a part in the overall optimistic momentum for SUI and other alternative cryptocurrencies.
• Suggestions from financial sources to explore altcoins with promising potential could have steered traders towards considering SUI, contributing to its bullish performance today.

29.02.2025 - SUI Crypto was down 8.7%

• The downward trend in SUI's price could be linked to the looming death cross signal, hinting at a potential reversal in trend.
• The introduction of the decentralized storage protocol Walrus, leveraging SUI, initially generated a positive outlook but failed to maintain bullish momentum.
• Despite ranking among the top gainers for the day, bearish market sentiment and technical indicators, such as the death cross, appeared to heavily impact SUI's price trajectory.
• Traders who shifted focus towards recently launched altcoins and prominent assets like Chainlink may have detracted attention from SUI, contributing to its bearish movement.

27.02.2025 - SUI Crypto was up 5.5%

• SUI surged by 9% daily, outperforming the broader market as BTC also saw a recovery after a drop below $86K.
• The token reclaimed a key support level at $2.40 amidst a breakout, hinting at a potential new high on the horizon.
• Analysts predict a 25% upswing for SUI, with a target price of $3.30, indicating strong bullish momentum.
• The positive price action for SUI could be attributed to the overall positive sentiment in the cryptocurrency market, potentially fueled by regulatory developments led by Paul Atkins.

27.02.2025 - SUI Crypto was up 8.8%

• SUI surged by 9% daily, showcasing strong momentum in line with the overall positive sentiment in the cryptocurrency market.
• Reclaiming the key support level of $2.40 indicates a potential breakout, hinting at a new high on the horizon for SUI.
• Price analysis suggests that SUI is breaking out, with a projected 25% upswing to reach $3.3, further fueling investor optimism.
• Grayscale's endorsement of SUI as best-positioned to take market share away from Ethereum could have contributed to the bullish movement, attracting more investors to the token.

27.02.2025 - SUI Crypto was up 6.0%

• As SUI approaches the $2.82 resistance level, investor interest and purchasing activity may have contributed to the upward movement in its price.
• The positive market sentiment towards SUI could be linked to the overall market rebound, particularly Bitcoin's recovery after dropping below $86,000.
• The expectation of a price breakout for SUI, combined with monitoring Bitcoin's recovery, likely fueled the 9% daily rise in SUI.
• Despite recommendations to sell certain altcoins, the bullish trend in SUI appears to be attracting traders seeking lucrative opportunities in the cryptocurrency market.

27.02.2025 - SUI Crypto was up 7.0%

• SUI has seen a significant bullish movement, rising by 9% daily and reclaiming key support levels.
• The price of SUI nearing the $2.82 resistance suggests a potential breakout, indicating positive market sentiment towards the token.
• The leadership change in cryptocurrency regulation could have boosted investor confidence in SUI and other tokens, leading to increased buying pressure.
• Overall, the combination of positive technical indicators, market sentiment, and regulatory developments likely contributed to SUI's bullish movement.

27.02.2025 - SUI Crypto was up 7.4%

• The bullish movement of SUI today can be attributed to the launch of the decentralized storage protocol Walrus, which is based on the SUI token. This positive development has likely sparked investor interest and confidence in the token.
• SUI is nearing a key resistance level of $2.82, possibly contributing to the bullish momentum as traders anticipate a potential breakout if this level is breached.
• Unlike other major cryptocurrencies like Bitcoin, Ethereum, XRP, and Dogecoin that are trading sideways, SUI's unique developments and upcoming potential breakout have distinguished it and attracted traders seeking more dynamic opportunities in the market.
• The overall market sentiment towards altcoins appears mixed, with suggestions to sell high-gaining altcoins circulating. However, SUI's specific positive developments and technical indicators have positioned it favorably for a bullish movement today.

27.02.2025 - SUI Crypto was up 7.6%

• The bullish movement of SUI today could be attributed to the positive sentiment in the overall cryptocurrency market, with investors showing interest in alternative tokens.
• The mention of SUI as a potential contender to take market share away from Ethereum might have sparked increased interest and investment in the token.
• The anticipation surrounding the Seed Airdrop listing on BingX and KuCoin could have created a buzz around SUI, leading to a surge in its price.
• The general enthusiasm in the market for altcoins that are predicted to soar might have also contributed to the bullish movement of SUI.

28.02.2025 - SUI Crypto was down 7.3%

• Despite being one of the recent top gainers, SUI experienced a bearish movement today, signifying a shift in market sentiment.
• Speculations about a Death Cross involving SUI circulated, potentially prompting investors to divest their holdings and contributing to the downward trend.
• The launch of the Sui-based Decentralized Storage Protocol Walrus mainnet failed to counterbalance the negative impact of the rumored Death Cross.
• The general sideways movement observed in major cryptocurrencies such as Bitcoin, Ethereum, XRP, and Dogecoin, coupled with alerts regarding a possible BTC Death Cross, may have further exacerbated the downward pressure on SUI and other alternative coins.