Quick Overview SUI currently sits around $0.69, marking approximately 68% decline from its $2.10 high in late 2025 Critical resistance zone identified between $0.72–$0.75; successful breach c
Sui (SUI) currently changes hands around $0.69 following an extended downturn from its late 2025 high near $2.10. This marks an approximately 68% correction over recent months.
Sui PriceThe digital asset discovered temporary support around $0.65 and has shown signs of recovery since. Nevertheless, the overarching trend continues to lean bearish, with price action remaining beneath both primary moving averages on the 3-day timeframe.
The nearest resistance barrier exists within the $0.72–$0.75 range, where a downward-sloping trendline currently limits upward movement. For bulls to establish genuine momentum, a decisive and sustained breakout above this zone is essential.
Should this breakout materialize with increased trading volume, the subsequent objective becomes $0.83 — approximately 20% above present levels. Market participants are also discussing potential movement toward $0.85, representing roughly 23% upside potential.
From a technical perspective, the RSI currently registers around 44, remaining beneath the 50 threshold that typically indicates strengthening buyer momentum. The Chaikin Money Flow (CMF) indicator reads approximately -0.09, signaling subdued capital inflow. Both metrics have yet to confirm a trend reversal.
Crypto analyst Michaël van de Poppe drew attention to bullish divergence patterns across daily, 3-day, and weekly chart intervals. Examining the 3-day chart reveals that SUI printed a lower low, declining from approximately $0.80 to $0.68, while simultaneously the MACD indicator registered a higher low throughout the identical timeframe. Van de Poppe characterized this zone as compelling for establishing long positions.
I've tweeted about $SUI yesterday, however:
This is a chart that symbolizes the start of the bull cycle and a new uptrend.
Daily timeframe: massive bullish divergences.3-Day timeframe: same.Weekly timeframe: same.
Good area to long $SUI. pic.twitter.com/J6gw4sPnp5
— Michaël van de Poppe (@CryptoMichNL) August 8, 2026
Trading activity throughout the previous two months has significantly diminished compared to the earlier selloff phase. Reduced volume accompanying potential price bottoms can occasionally suggest weakening selling pressure, although this alone doesn’t guarantee a reversal.
The $0.80 threshold emerges as the critical level on extended timeframes. A solid 3-day candle close above $0.80 accompanied by expanding volume would indicate the beginning of a fresh uptrend. Following that development, the $1.00–$1.20 territory becomes the subsequent focus area.
Conversely, $0.60 represents the crucial support level. A breakdown beneath this point would probably negate the existing divergence pattern and potentially expose $0.40–$0.50.
Regarding network development, Sui announced integration of two NIST-validated quantum-resistant cryptographic signature schemes. One scheme addresses standard user accounts, while the alternative is engineered specifically for high-value Move vaults.
Current users will have the capability to upgrade utilizing their existing recovery phrase, maintaining identical addresses and holdings without requiring asset migration. Quantum-safe vault functionality is scheduled for mainnet deployment during late 2026, with native quantum-safe account implementation projected for 2027.
I think I'm not bullish enough on $SUI, yet. https://t.co/VqmOvkAab4
— Michaël van de Poppe (@CryptoMichNL) August 9, 2026
Regarding on-chain metrics, the SUI Foundation’s token buyback program has intensified. Analyst ToreroRomero observed that Foundation buyback operations achieved their second-highest single-day volume, with 9,000 SUI tokens acquired on August 8.
The post Sui (SUI) Price Eyes 20% Rally as Quantum-Resistant Tech and MACD Signals Align appeared first on Blockonomi.
