Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
SUI News Today: SUI Challenges $1.80 Support—Pathway to $20 or Headed for More Losses?

SUI News Today: SUI Challenges $1.80 Support—Pathway to $20 or Headed for More Losses?

Bitget-RWA2025/11/02 11:20
By:Bitget-RWA

- SUI cryptocurrency faces short-term correction to $1–$1.50 before potential $10–$20 rebound, driven by ecosystem growth and institutional adoption. - Key support at $1.80–$2.10 could trigger $3.50–$4.80 rally if defended, with $20+ long-term targets supported by $2B+ TVL and DeFi partnerships. - Upcoming token unlocks (92M SUI) add short-term pressure, but strong liquidity and institutional buying historically offset selling shocks. - Technical analyses suggest $5–$8 mid-term targets, with $20+ long-term

The

digital asset is once again in the spotlight as market experts discuss the likelihood of a short-term pullback followed by a robust upward move. Fresh forecasts and chart analyses indicate SUI might fall to a range of $1 to $1.50 soon, but could then rally as high as $10–$20, fueled by ecosystem expansion, institutional participation, and positive technical signals, according to a .

At present, SUI is trading within a crucial support band between $1.80 and $2.10—a zone that has previously sparked strong recoveries, the report highlights. Experts also point out that this level acted as a liquidity sweep before SUI’s surge to $5 at the start of 2025, as reported by

. Should SUI slip below $1.80, further losses toward $1.39–$1.67 are possible, based on projections from several sources, including and . On the other hand, holding this support could mark the beginning of a new bullish cycle, with resistance levels at $3.50–$4.80 and a potential long-term target of $20, analysts suggest.

Forthcoming token unlocks, set to release about 92 million SUI tokens (valued at $206 million) over the coming month, have created some short-term selling pressure, according to Brave New Coin’s analysis. Nevertheless, experts note that SUI’s deep liquidity and institutional demand have often cushioned such events. The Sui network, with a Total Value Locked (TVL) surpassing $2 billion, continues to draw both developers and investors, reinforcing optimism for the future, the report adds.

Technical studies point to a bullish accumulation period for SUI, with major Fibonacci extension levels indicating mid-term targets of $5–$8 and long-term potential above $20, as echoed in recent analyses. Elliott Wave analysts believe the current corrective stage may be ending, with a breakout above $2.59 likely to start a new upward trend; in contrast, a fall below $1.80 could extend the consolidation phase.

Sui’s blockchain, built for rapid transactions using the Move programming language, has experienced increasing adoption. Recent collaborations, such as its integration with

, have broadened its applications in decentralized finance (DeFi) and cross-chain solutions, as noted by Brave New Coin. Institutional interest remains high, with analysts observing that SUI’s market behavior resembles previous breakout patterns seen in projects like .

Although optimism is building, experts warn that SUI must weather short-term fluctuations and sustain its ecosystem’s growth. A persistent drop below $0.36 would undermine most bullish projections, according to InvestingHaven. If SUI maintains its support and surpasses key resistance points, it could reach $7–$10 by mid-2026 and potentially exceed $20 by the end of 2026, provided market conditions remain favorable, commentators conclude.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Open-Source AI Movement Faces Resistance from Profit-Oriented Tech Corporations

- Vitalik Buterin advocates open-source autonomous driving to boost innovation and safety, challenging profit-driven tech giants. - AI stocks like C3.ai (-2.96%) underperform as Microsoft and NVIDIA gain traction through proprietary AI hardware and OpenAI partnerships. - OpenAI's potential IPO and $11.6B 2025 revenue projections highlight tensions between non-profit models and commercialization, amid copyright lawsuits. - Market volatility (84% call/79% put implied volatility) reflects uncertainty over AI'

Bitget-RWA2025/11/02 23:40
Open-Source AI Movement Faces Resistance from Profit-Oriented Tech Corporations

ZEC Climbs Close to $400 While Technical Signals Suggest a Potential Pullback

- Zcash (ZEC) surged near $400, outperforming Bitcoin and Ethereum, but technical indicators signal potential correction due to bearish divergences and weakening momentum. - On-chain data highlights rising retail activity and distribution phase warnings, suggesting short-term profit-taking and waning institutional interest. - ECC’s Q4 2025 privacy upgrades aim to strengthen ZEC’s value proposition, though mixed sentiment persists amid macroeconomic headwinds and Fed rate impacts. - Analysts warn of 10%–12%

Bitget-RWA2025/11/02 23:24
ZEC Climbs Close to $400 While Technical Signals Suggest a Potential Pullback

Ethereum Updates Today: Major Institutions Support Meme Tokens Amid Crypto’s Security-Focused Revival

- Institutional investors increasingly target meme coins and presales like BlockchainFX, MoonBull, and Shiba Inu amid crypto market shifts. - Shiba Inu's Shibarium network undergoes security upgrades after a $2.8M breach, aiming to decentralize infrastructure and restore investor trust. - Ethereum shows bullish technical patterns with $668M ETF inflows, while ZKsync Atlas upgrades promise enhanced scalability and institutional appeal. - T. Rowe Price's Shiba Inu ETF proposal highlights growing institutiona

Bitget-RWA2025/11/02 22:38
Ethereum Updates Today: Major Institutions Support Meme Tokens Amid Crypto’s Security-Focused Revival