Sui Price Outlook: Will the 21Shares Deal Spark a Recovery?
Sui’s price wobbles after a brutal crypto winter—but today’s 21Shares partnership news has traders watching for signs of life.
The bullish case: Institutional backing could mean fresh liquidity. The bearish take: Another ’strategic partnership’ that does exactly nothing for retail bagholders.
Key levels to watch: A clean break above $1.50 could signal momentum, while failure here might confirm Sui as the next ’ghost chain’ in the Layer 1 graveyard.
SUI Price Prediction: The Rally is Not Necessarily Over Despite Trend Line Break
The daily chart shows that the latest two-day losing streak for SUI has resulted in a trend line break that may anticipate a strong pullback for this utility token.
However, the mid-term outlook is still bullish as SUI made a ‘golden cross’ – a buy signal triggered when the 21-day exponential moving average (EMA) crosses above the 200-day EMA.
This pullback could offer late buyers the chance to enter the rally at a lower price. The Relative Strength Index (RSI) had already entered overbought levels in the past few days, meaning that buyers were getting a bit out of hand as FOMO kicked in.
This correction could push SUI to its nearest supports – the 21-day and 200-day EMA. Meanwhile, if SUI stays above $3.55, it will avoid breaking its bullish structure and it will confirm that the rally still has enough fuel to go on and rise to a new all-time high.
Apart from Sui, the best crypto presales of the year like MIND of Pepe (MIND) are also poised to deliver strong gains as a fresh bullish cycle begins.
MIND of Pepe (MIND) Raises More Than $9M to Launch its Powerful AI Agent
MIND of Pepe (MIND) is an AI agent inspired by the viral meme Pepe the Frog that leverages the power of artificial intelligence to take social media platforms like X by storm.
By interacting with high-profile accounts and regular users, the agent will progressively gain influence. It will primarily discuss topics associated with meme coins to collect information about social trends and new opportunities that it will pass on to $MIND holders exclusively.
As its influence grows, the agent will launch its own meme coins to monetize these trends and $MIND holders will get front-row seats to buy these tokens at a discounted price to reap the highest returns.
To buy $MIND at its presale price of $0.0037515, head to the MIND of PEPE website and connect your wallet (e.g. Best Wallet). You can either swap USDT or ETH for this token or use a bank card to make your investment.