Weekly SUI Price Analysis: SUI Dips and Consolidates Around $2.3, Can It Recover?

As SUI continues to fall on the crypto charts, investors are watching key levels closely to look for potential markers for recovery. Are you looking at the charts too and trying to identify key SUI price trends? Say no more as we pretend a detailed SUI price analysis of the past week. As we discuss the current SUI price trends, let’s also take a quick look at what important indicators suggest.

SUI Price Analysis of the Last 7 Days: SUI Slumps to $2, Recovers Slightly 

SUI started the week on March 8 at $2.63. At 00:30, SUI was already on its way down as an extended downtrend pulled the prices below. By 16:30 on March 8, the price had reached $2.49, as support levels kept falling as well. Even though a golden cross appeared on the MACD line, the overall bearish trend persisted. At 16:30, there was an attempt to reverse SUI’s fortunes, but it remained unfruitful, as the price went up to $2.54 before depreciating further. The price slumped even more to reach $2.42 at 10:00 UTC on March 9.

Chart 1, analyzed by raodevansh18, published on TradingView, March 15, 2025

The price seemed to plateau around the $2.42 area but soon faced a steeper regressive phase, substantiated by a death cross around 9:30 UTC. SUI, by 17:30 in the evening, was trading at $2.26. As investors turned bearish, the selling pressure also increased, reaching saturation as the RSI indicated oversold levels. A trend reversal was warranted, as a golden cross also formed on the MACD line at 19:30. An uptrend followed but was met with sharp downturns every once in a while, with SUI oscillating to finally find the $2.4 mark by noon on March 10.  An hour later, a significant death cross had formed as the price plunged to $2.01 by the wee hours of March 11, finding its lowest point for the week, and for several months for that matter. Selling pressure rose and dipped below 30 on the RSI as well, as an upturn seemed to be on the cards. 

SUI Battles $2.37 Resistance, Fails Breakout Attempts

At 1:30 on March 11, a golden cross would come in support of said upturn, as SUI climbed up to $2.19 by 5:30. At 5:30, SUI consolidated around that price for around 6 hours, before quick shifts on the MACD line caused the price to fluctuate and reach $2.29 by the evening. At this point, SUI entered a trading range, confined between a $2.37 resistance and $2.20 support. The trading range would continue till 14:00 UTC on March 13. The breakout, much anticipated, turned out to be anticlimactic as SUI again dipped to $2.11 by 20:00 UTC. The RSI again approached oversold levels, indicating a change in SUI’s fortunes. The uptrend did appear, leading SUI to again test resistance at $2.36, but it faced rejection again. As of the last update, SUI seemed to have formed a trading range around the resistance, waiting for a breakout. But things seemed interesting on the MACD indicator, as the long-term EMA looked poised to overtake its shorter counterpart, meaning a downward breakout is highly possible. 

SUI Price Analysis: SUI Touches Months-Long Low, MACD Indicates More Bearish Trends

SUI has had an unimpressive showing in the past week, failing to form any notable upward trends. The price seemed to consolidate around key resistance levels and then have a negative breakout. Even the SUI price today seems poised for a negative breakout and will form a new resistance level below the $2.37 mark if that does happen. While RSI and MACD continue to be crucial indicators for identifying SUI price trends, investors are highly recommended to do their research before making investment choices.