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 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 The price gains to intraday highs of $3.05 put the altcoin above a key supply wall, which offered both a <\/span>psychological and technical barrier<\/span><\/a> in recent weeks. <\/span><\/p>\n Notably, Sui ecosystem tokens, including Walrus and DeepBook Protocol, have also <\/span>surged in<\/span> the past 24 hours.<\/span><\/p>\n SUI’s uptick aligns with the broader market spike that pushed Bitcoin to above $109,000 and major altcoins <\/span>like<\/span> Ethereum, XRP and Solana higher.<\/span><\/p>\n Tailwinds for altcoins helped Sui price, <\/span>with this coming<\/span> amid a recent bounce from lows of $2.3.<\/span><\/p>\n Robust on-chain fundamentals <\/span>that<\/span> have also seen Sui blockchain’s total value locked (TVL) hold above <\/span>$2.2 billion<\/span><\/a> signal overall confidence in the ecosystem.<\/span><\/p>\n Other metrics <\/span>such<\/span> as rising stablecoin liquidity and transaction <\/span>volumes<\/span> align with bullish momentum.<\/span><\/p>\n Sui is also seeing notable growth in developer activity, leading the Move ecosystem. <\/span>Sam Blackshear, <\/span>chief technical officer<\/span> of Mysten <\/span>Labs<\/span> shared this outlook.<\/span><\/p>\n Sui highlights from EC mid-year dev stats refresh:<\/p>\n – Sui is the 2nd fastest growing L1 dev community over the last year at 16.1% — just a hair behind Solana at 17.7%. — Sam Blackshear (@b1ackd0g) July 2, 2025<\/a><\/p>\n<\/blockquote>\n The 11% surge has extended SUI’s upward price action over the past two weeks. Sui’s losses in the past month are indeed down to 8%.<\/span><\/p>\n 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 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 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. <\/span><\/p>\n On the technical front, key indicators show buyers are in control.<\/p>\n The Moving Average Convergence Divergence (MACD) shows a bullish crossover, with the histogram suggesting that bulls currently hold the upper hand.<\/p>\n 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 In this case, macro headwinds and profit-taking could mean a short-term flip to support levels around $2.6.<\/p>\n The post Sui breaks $3 resistance: Is a new ATH next?<\/a> appeared first on CoinJournal<\/a>.<\/p>\nSui eyes gain amid bullish momentum<\/span><\/h2>\n
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– Sui is the fastest growing L1 dev community over the last two years at 54%
– This goes against broader growth… https:\/\/t.co\/0ybThX3dOW<\/a><\/p>\nSui price prediction<\/h2>\n
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