The data here is for informational purposes only and is not investment advice.
#SuiNetwork can perhaps be described as one of the most anticipated but most disappointing projects in the market.
In a data visual shared on Twitter recently, the number of transactions made on the $SUI network was reported to be approximately 473.
This shows how little interaction the network has. Since the applications on the Sui network are not yet fully functional, not many audiences have been reached on the network.
Salaries Will Be Paid On July 3!
As you know, as of July 3, users who benefit from the pre-sale will be unlocked. The number of Sui expected to be opened is approximately 44 Million units.
As you know, when the opened tokens are delivered, the first thing users do is to sell them before they drop. This causes regular decreases in Sui every month. Let's look at Sui Technical data;
According to our technical indicators, current sentiment is Bearish, with the Fear and Greed Index showing 59 (Greed).
Sui recorded 12/30 (40%) green days with 12.79% price volatility in the last 30 days.
According to data dated July 01, 2023, the overall Sui price forecast sentiment is bearish. While 1 technical analysis indicator gives bullish signals, 15 technical analysis indicators give bearish signals.
Based on today's classic pivot point (P1) at $0.682706, Sui Crypto has support levels at $0.657825, $0.624812, and the strongest at $0.599931. Similarly, Sui Coin resistance levels are $0.715719, $0.740601, and $0.773614.
Last month, SUI/USD pair -29.72%. experienced a decline.
Sui's 50-day SMA (simple moving average) is currently $0.885850. The 50-day SMA shows the average price of Sui over a 50-day period.
Sui's 14-day RSI is at 39.58, which indicates that SUI is currently neutral.
More than 5.83% of the total supply is in circulation.
It has high liquidity with a volume/market value ratio of 0.39652. Current market cap is $393.38 million, 24-hour volume is $155.98 million