Price Analysis View Non-AMP

SUI Price Eyes $3.30 as RSI Nears Overbought, What’s Next?

Published by
Shrishesh Tanksalkar

Sui has emerged as one of the top gainers today, fueled by bullish macro news and explosive on-chain fundamentals. As of press time, SUI is priced at $3.02, up 9.58% in the past 24 hours and nearly 13% on the week, which is an impressive gain. 

Much of this enthusiasm comes from the SEC’s approval of a Grayscale ETF that includes leading assets such as BTC, ETH, SOL, XRP, and ADA. This has lifted sentiment across the Layer-1 space, including SUI. On the utility side, the Sui network hit a key milestone by processing $27.3 billion in token volume in June, signaling significant ecosystem growth and dApp usage. Intriguing enough? Join me as I decode the short-term SUI price analysis.

Sui Price Analysis:

Technically speaking, SUI is showing signs of bullish momentum, supported by surging volume and a breakout from key resistance zones. The 4-hour chart shows SUI trading above the 20-day Bollinger Band midline and holding well above the lower band.

The token hit a 24-hour high of $3.08 and is now testing a critical resistance zone between $3.20 and $3.30, as marked on the chart. This area has previously rejected price advances and could act as a short-term hurdle. If bulls manage to push above this level with sustained volume, a breakout toward new local highs could follow.

On the downside, immediate support lies at $2.9847, aligning closely with the middle Bollinger Band and psychological support. Below that, $2.84 is a major support level, clearly marked on the chart, and has historically served as a strong demand zone.

Also read: Sui Price Prediction 2025, 2026-2030!

FAQs

Why is SUI price surging today?

ETF news, surging transaction volume, and strong on-chain fundamentals have all contributed to the bullish move.

Should I buy SUI now?

The RSI at 68.6 suggests it’s nearing overbought territory, which may lead to consolidation or a minor pullback.

What are the key support and resistance levels to watch?

Resistance lies at $3.20–$3.30, support is seen at $2.9847 and $2.84 on the downside.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

Recent Posts

Senator Lummis Introduces New Crypto Tax Bill for Bitcoin Users and Miners

A powerful new crypto tax bill just landed in the U.S. Senate, and it could…

July 3, 2025

Can Bitcoin (BTC) Break $200K Before This Top Crypto Achieves Its $5 Target?

Bitcoin (BTC) is charging toward a monumental $200,000 milestone, currently testing a critical $108,724 resistance.…

July 3, 2025

Best AI-Powered Meme Coins for 2025: Can $FPEPE Outrun the Pack?

Cryptocurrency trends evolve rapidly, and the rise of AI-powered meme coins marks one of the…

July 3, 2025

Shiba Inu (SHIB) Could Lose More Market Cap and Get Overtaken by This Hot Meme Coin in 2025

For years, Shiba Inu (SHIB) has ridden the meme wave with impressive spikes and a…

July 3, 2025

XLM Price Prediction Experts Now Recommend Bitcoin Solaris Presale for Faster Returns

Not every day do price prediction experts shift focus from a legacy coin to a…

July 3, 2025

CertiK Validates FUNToken’s Smart Contract Strength With “AA” Upgrade

In a significant boost to its ecosystem credibility, FUNToken has been officially upgraded to an…

July 3, 2025