Sui Price Prediction: SUI Plunges 11% As Investors Rush To Buy This Vote-To-Earn Meme Coin With Time Running Out
The Sui price plunged over 11% in the last 24 hours to trade at $4.58 as of 6:25 a.m. EST as investors decrease their exposure to the altcoin. Despite the pullback in the SUI price throughout the past day of trading, the crypto’s weekly performance remains more than 10% in the green. Sui Price Resting On A Critical Support Level Daily chart for SUI/USD (Source: GeckoTerminal) The Sui price has been in a negative sequence in the last few days, and is now resting on the $4.5061 support, according to GeckoTerminal data . Should the crypto fall below this technical safety net, it could be at risk of falling down to the subsequent mark at $3.9794. However, the Sui price closing today’s daily candle above the $4.5061 support might invalidate the bearish thesis. In this alternative case, the altcoin will likely attempt to flip the $4.9450 mark, which it dropped below in the last 48 hours, back into support. Thereafter, continued pressure from bulls could lead to SUI ri...