{"id":55312,"date":"2025-07-03T09:47:36","date_gmt":"2025-07-03T09:47:36","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sui-breaks-3-resistance-is-a-new-ath-next\/"},"modified":"2025-07-03T09:47:36","modified_gmt":"2025-07-03T09:47:36","slug":"sui-breaks-3-resistance-is-a-new-ath-next","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sui-breaks-3-resistance-is-a-new-ath-next\/","title":{"rendered":"Sui breaks $3 resistance: Is a new ATH next?"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<ul>\n<li><span style=\"font-weight: 400\">SUI is currently priced above $3, rallying higher following a descending wedge breakout.&nbsp;<\/span><\/li>\n<li><span style=\"font-weight: 400\">An ascending triangle pattern on the 4-hour chart signals bullish flip.&nbsp;<\/span><\/li>\n<li><span style=\"font-weight: 400\">However, while MACD suggests buyers are in control, the RSI is near overbought territory.<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Sui (SUI) has surged to the critical $3 resistance level, breaking above it amid double-digit gains in the past 24 hours. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">CoinGecko data shows SUI price trading more than 11% up in this period, with a notable 102% spike in trading volume that hovered around $1.28 billion.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The price gains to intraday highs of $3.05 put the altcoin above a key supply wall, which offered both a <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/coinjournal.net\/news\/sui-price-sees-15-gain-but-are-bulls-out-of-the-woods-yet\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">psychological and technical barrier<\/span><\/a><span data-preserver-spaces=\"true\"> in recent weeks. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Notably, Sui ecosystem tokens, including Walrus and DeepBook Protocol, have also <\/span><span data-preserver-spaces=\"true\">surged in<\/span><span data-preserver-spaces=\"true\"> the past 24 hours.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Sui eyes gain amid bullish momentum<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">SUI&rsquo;s uptick aligns with the broader market spike that pushed Bitcoin to above $109,000 and major altcoins <\/span><span data-preserver-spaces=\"true\">like<\/span><span data-preserver-spaces=\"true\"> Ethereum, XRP and Solana higher.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Tailwinds for altcoins helped Sui price, <\/span><span data-preserver-spaces=\"true\">with this coming<\/span><span data-preserver-spaces=\"true\"> amid a recent bounce from lows of $2.3.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Robust on-chain fundamentals <\/span><span data-preserver-spaces=\"true\">that<\/span><span data-preserver-spaces=\"true\"> have also seen Sui blockchain&rsquo;s total value locked (TVL) hold above <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/defillama.com\/chain\/sui\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">$2.2 billion<\/span><\/a><span data-preserver-spaces=\"true\"> signal overall confidence in the ecosystem.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Other metrics <\/span><span data-preserver-spaces=\"true\">such<\/span><span data-preserver-spaces=\"true\"> as rising stablecoin liquidity and transaction <\/span><span data-preserver-spaces=\"true\">volumes<\/span><span data-preserver-spaces=\"true\"> align with bullish momentum.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Sui is also seeing notable growth in developer activity, leading the Move ecosystem.&nbsp; <\/span><span data-preserver-spaces=\"true\">Sam Blackshear, <\/span><span data-preserver-spaces=\"true\">chief technical officer<\/span><span data-preserver-spaces=\"true\"> of Mysten <\/span><span data-preserver-spaces=\"true\">Labs<\/span><span data-preserver-spaces=\"true\"> shared this outlook.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Sui highlights from EC mid-year dev stats refresh:<\/p>\n<p>&ndash; Sui is the 2nd fastest growing L1 dev community over the last year at 16.1% &mdash; just a hair behind Solana at 17.7%.<br \/>&ndash; Sui is the fastest growing L1 dev community over the last two years at 54%<br \/>&ndash; This goes against broader growth&hellip; <a href=\"https:\/\/t.co\/0ybThX3dOW\">https:\/\/t.co\/0ybThX3dOW<\/a><\/p>\n<p>&mdash; Sam Blackshear (@b1ackd0g) <a href=\"https:\/\/twitter.com\/b1ackd0g\/status\/1940429285719974223?ref_src=twsrc%5Etfw\">July 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">The 11% surge has extended SUI&rsquo;s upward price action over the past two weeks. Sui&rsquo;s losses in the past month are indeed down to 8%.<\/span><\/p>\n<h2>Sui price prediction<\/h2>\n<p><span style=\"font-weight: 400\">With SUI attempting to break above $3, bulls may target key levels of $3.5 and $4 to see the all-time peak above $5.3 reached in January 2025 come into view.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Notably, buyers are upbeat after the token broke out of a descending wedge pattern. That move allowed for a bullish reversal as long bets ramped up.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Additionally, the formation of an ascending triangle pattern on the 4-hour chart has reinforced the bullish outlook. Given this outlook, the $3 level could act as a springboard for potential further gains.&nbsp;<\/span><\/p>\n<figure id=\"attachment_319369\" aria-describedby=\"caption-attachment-319369\" class=\"wp-caption alignnone\"><figcaption id=\"caption-attachment-319369\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/symbols\/SUIUSD\/\" target=\"_blank\" rel=\"noopener\">Sui chart<\/a> by TradingView<\/figcaption><\/figure>\n<p>On the technical front, key indicators show buyers are in control.<\/p>\n<p>The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the histogram suggesting that bulls currently hold the upper hand.<\/p>\n<p>However, the Relative Strength Index (RSI) is trending at 70 and an extended uptick into the overbought territory could signal a potential downturn.<\/p>\n<p>In this case, macro headwinds and profit-taking could mean a short-term flip to support levels around $2.6.<\/p>\n<p>The post <a href=\"https:\/\/coinjournal.net\/news\/sui-breaks-3-resistance-is-a-new-ath-next\/\">Sui breaks $3 resistance: Is a new ATH next?<\/a> appeared first on <a href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/sui-breaks-3-resistance-is-a-new-ath-next\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) SUI is currently priced above $3, rallying higher following a descending wedge breakout.&nbsp; An ascending triangle pattern on the 4-hour chart signals bullish flip.&nbsp; However, while MACD suggests buyers are in control, the RSI is near overbought territory. Sui (SUI) has [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":55313,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55312"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=55312"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/55312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/55313"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=55312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=55312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=55312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}