• About
  • FAQ
  • Privacy Policy
  • Support Forum
  • Disclaimer
  • Contact Us
Newsletter
Token Alytics
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Defi
  • Ripple
  • Ethereum
  • Metaverse
No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Defi
  • Ripple
  • Ethereum
  • Metaverse
No Result
View All Result
Token Alytics
No Result
View All Result
Home Cryptocurrency

SUI Worth Defies Market Correction with TVL Surge; Is $5 Shut?

thecryptogoblin by thecryptogoblin
December 21, 2024
in Cryptocurrency
0
SUI Worth Defies Market Correction with TVL Surge; Is $5 Shut?
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Throughout Friday’s U.S. market session, the crypto market skilled a slight aid rally from the prevailing correction development as Bitcoin projected demand stress at $90k. The renewed momentum bolsters a number of main altcoins, together with SUI value, to carry key help ranges. With the regular surge in SUI complete quantity locked (TVL), the asset exhibits the potential for the following breakout.

Based on Coingecko information, the asset’s market cap stands at $13.3 Billion, with an intraday acquire of 11.8%. In the meantime, the 24-hour buying and selling quantity is at $4.5 Billion.

Key Highlights:                                                                                                    

  • A protracted-tail rejection candle at $3.5 accentuates the lively demand stress market downturn.
  • The 20-and-50-day exponential shifting common gives fast help to the ADA coin.
  • A wholesome retracement above the 23.6% Fibonacci retracement degree might recuperate bullish momentum in SUI value for a chronic rally. 

SUI TVL Poised to Cross $2 Billion as DeFi Exercise Intensifies

Based on DeFiLlama, the SUI TVL has recorded a sustained surge from $1.43 to $1.73 Billion— a 21 % improve — in December. This sustained development signifies strengthening curiosity within the SUI ecosystem, highlighting elevated consumer exercise and confidence in its DeFi purposes. 

With the TVL poised to surpass the $2 billion mark, it might additional solidify SUI’s place as a significant participant within the DeFi house, attracting extra liquidity, boosting investor confidence, and doubtlessly driving up the worth of related belongings within the ecosystem.

SUI Worth Exhibits Restoration Above Key Fibonacci Ranges Sparks Optimism

This week, the crypto market witnessed a notable correction following Powell’s hawkish speech. Whereas main altcoins skilled a surge in promoting stress following Bitcoin’s $100k, the SUI value displayed resilience.

By the press time, the SUI value trades at $4.58 with an intraday acquire of 12.5%. This sharp soar bounced from the $3.5 degree and above 23.6% FIB. Theoretically, a restoration from key Fibonacci retracement ranges comparable to 23.6%, 38.2,% and 50% is taken into account wholesome for patrons to regain bullish momentum.

As well as, the altcoin exhibits sustainability above the  50-day EMA slope, indicating the broader market development is bullish. With sustained shopping for, the SUI value might ship a bullish breakout from swing resistance of $5.

 SUI Price
SUI/USD -1d Chart

Based on the Fibonacci pivot degree, the present recourse might witness overhead provide at  $6.5 and $7.8.

Additionally Learn: SEC’s Hester Peirce Reveals Professional-Crypto Pivot for Bitcoin & Ethereum ETFs

Related articles

US Court docket vacates Twister Money sanctions ruling, orders Florida case dismissal

US Court docket vacates Twister Money sanctions ruling, orders Florida case dismissal

July 7, 2025
3 Issues That May Affect Crypto Markets This Week

3 Issues That May Affect Crypto Markets This Week

July 7, 2025


Throughout Friday’s U.S. market session, the crypto market skilled a slight aid rally from the prevailing correction development as Bitcoin projected demand stress at $90k. The renewed momentum bolsters a number of main altcoins, together with SUI value, to carry key help ranges. With the regular surge in SUI complete quantity locked (TVL), the asset exhibits the potential for the following breakout.

Based on Coingecko information, the asset’s market cap stands at $13.3 Billion, with an intraday acquire of 11.8%. In the meantime, the 24-hour buying and selling quantity is at $4.5 Billion.

Key Highlights:                                                                                                    

  • A protracted-tail rejection candle at $3.5 accentuates the lively demand stress market downturn.
  • The 20-and-50-day exponential shifting common gives fast help to the ADA coin.
  • A wholesome retracement above the 23.6% Fibonacci retracement degree might recuperate bullish momentum in SUI value for a chronic rally. 

SUI TVL Poised to Cross $2 Billion as DeFi Exercise Intensifies

Based on DeFiLlama, the SUI TVL has recorded a sustained surge from $1.43 to $1.73 Billion— a 21 % improve — in December. This sustained development signifies strengthening curiosity within the SUI ecosystem, highlighting elevated consumer exercise and confidence in its DeFi purposes. 

With the TVL poised to surpass the $2 billion mark, it might additional solidify SUI’s place as a significant participant within the DeFi house, attracting extra liquidity, boosting investor confidence, and doubtlessly driving up the worth of related belongings within the ecosystem.

SUI Worth Exhibits Restoration Above Key Fibonacci Ranges Sparks Optimism

This week, the crypto market witnessed a notable correction following Powell’s hawkish speech. Whereas main altcoins skilled a surge in promoting stress following Bitcoin’s $100k, the SUI value displayed resilience.

By the press time, the SUI value trades at $4.58 with an intraday acquire of 12.5%. This sharp soar bounced from the $3.5 degree and above 23.6% FIB. Theoretically, a restoration from key Fibonacci retracement ranges comparable to 23.6%, 38.2,% and 50% is taken into account wholesome for patrons to regain bullish momentum.

As well as, the altcoin exhibits sustainability above the  50-day EMA slope, indicating the broader market development is bullish. With sustained shopping for, the SUI value might ship a bullish breakout from swing resistance of $5.

 SUI Price
SUI/USD -1d Chart

Based on the Fibonacci pivot degree, the present recourse might witness overhead provide at  $6.5 and $7.8.

Additionally Learn: SEC’s Hester Peirce Reveals Professional-Crypto Pivot for Bitcoin & Ethereum ETFs

Tags: closeCorrectionDefiesmarketPriceSUISurgeTVL
Share76Tweet47

Related Posts

US Court docket vacates Twister Money sanctions ruling, orders Florida case dismissal

US Court docket vacates Twister Money sanctions ruling, orders Florida case dismissal

by thecryptogoblin
July 7, 2025
0

The Eleventh Circuit Court docket of Appeals on July 3 vacated the Northern District of Florida’s 2023 order upholding the...

3 Issues That May Affect Crypto Markets This Week

3 Issues That May Affect Crypto Markets This Week

by thecryptogoblin
July 7, 2025
0

Crypto markets fell marginally over the weekend however have begun the brand new week with minor positive aspects because the...

USDC deposits and withdrawals now accessible on Sonic!

USDC deposits and withdrawals now accessible on Sonic!

by thecryptogoblin
July 6, 2025
0

July 4, 2025 | Asset Listings We’re thrilled to announce that Kraken now helps deposits and withdrawals of USD Coin...

CySEC Says Former FTX EU Now Trek Labs Meets Compliance, Lifts Suspension

CySEC Says Former FTX EU Now Trek Labs Meets Compliance, Lifts Suspension

by thecryptogoblin
July 6, 2025
0

The Cyprus Securities and Change Fee (CySEC) introduced at the moment (Friday) that it has recalled the suspension of the...

What Are Crypto Buying and selling Indicators on Telegram in 2025?

What Are Crypto Buying and selling Indicators on Telegram in 2025?

by thecryptogoblin
July 5, 2025
0

Crypto indicators on Telegram are actionable suggestions advising merchants to purchase or promote a specific cryptocurrency. For newbie merchants or...

Load More
  • Trending
  • Comments
  • Latest
CryptoRank Telegram Airdrop Information | How To Take part

CryptoRank Telegram Airdrop Information | How To Take part

September 7, 2024

bitcoin core – mandatory-script-verify-flag-failed (Script evaluated with out error however completed with a false/empty prime stack component) on wrapped SegWit enter

December 24, 2024
How Essential is Jito Solana MEV Bot Growth for the Cryptocurrency Ecosystem?

How Essential is Jito Solana MEV Bot Growth for the Cryptocurrency Ecosystem?

August 1, 2024
Lumina Hunt Telegram Sport Airdrop Information

Lumina Hunt Telegram Sport Airdrop Information

October 23, 2024

Ethereum Whales Quickly Accumulate ETH Amid Worth Decline

0

How Can a Web3 Neobanking Platform Be Useful for the Decentralized Enterprise Area?

0

2024 Recreation Growth Traits: Alternatives & Challenges | by Jon Radoff | Constructing the Metaverse

0

Prime Ethereum Analyst Says DOGE, PEPE, and RCOF Are About to Expertise a ‘Historic Breakout’

0
Arkham Introduces Username Declare Function for Customers

Document Highs for Digital Asset Fund Flows as AuM Hits $188 Billion

July 8, 2025
Dogecoin Resistance Partitions Forward: Analyst Flags 3 Key Ranges

Dogecoin Resistance Partitions Forward: Analyst Flags 3 Key Ranges

July 8, 2025
Ripple Accepts SEC Settlement, Reduces Authentic High quality By Over Half To $50 Million

Ripple-SEC Ruling: What Choose Torres’ Resolution Means For The Future

July 7, 2025
Ethereum co-founder Vitalik Buterin advocates copyleft to counter tech monopolies

Ethereum co-founder Vitalik Buterin advocates copyleft to counter tech monopolies

July 7, 2025

Token Alytics

We are a team of dedicated enthusiasts, analysts, and writers with a shared interest in the dynamic and fast-paced world of digital assets and blockchain innovation. Our diverse backgrounds in finance, technology, and media give us a unique perspective on the developments in the crypto space.

Categories

  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Defi
  • Ethereum
  • Metaverse
  • Ripple

Follow Us

  • 643 Followers

Recent News

Arkham Introduces Username Declare Function for Customers

Document Highs for Digital Asset Fund Flows as AuM Hits $188 Billion

July 8, 2025
Dogecoin Resistance Partitions Forward: Analyst Flags 3 Key Ranges

Dogecoin Resistance Partitions Forward: Analyst Flags 3 Key Ranges

July 8, 2025
  • About
  • FAQ
  • Privacy Policy
  • Support Forum
  • Disclaimer
  • Contact Us

© 2018- tokenalytics.io, All rights reserved

No Result
View All Result
  • Home
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Defi
  • Ripple
  • Ethereum
  • Metaverse

© 2018- tokenalytics.io, All rights reserved