#sui#

📘 Analysis of the SUI Digital Currency – July 2025

💠 What is the SUI Currency?

The SUI currency is a token of a Layer 1 network developed by a team of former Meta/Diem engineers, utilizing the Move programming language. It aims to provide superior performance, low fees, and an easy user experience for Web3, DeFi, and NFT applications.

💡 Key Features of the SUI Project:

✅ Extremely high transaction processing speed (less than 1 second).

✅ Very low fees (<$0.01).

✅ zkLogin: Allows users to log in using Google or Apple without a wallet.

✅ Sponsored Transactions: Developers can pay gas fees for users.

📊 Current Performance of the Currency – July 2025

💵 Current Price: Approximately $2.82.

📈 Highest Price Today: $2.82, Lowest Price: $2.66.

📉 Market Capitalization: Approximately $10 billion.

🔄 Daily Trading Volume: Over $700 million.

📈 Technical Status of the Currency

✅ Major Support: $2.70 – $2.90.

🚫 Next Resistance: $3.60 – $4.20.

🔍 Current RSI: 46 (Neutral).

💡 The currency is currently in an accumulation phase and may see a strong upcoming movement.

🔮 Price Predictions:

In the short term (coming months):

It is expected to range between $3.5 – $5 if it surpasses the resistance at $4.2.

End of 2025:

Conservative Estimates: $2 – $3.

Optimistic Estimates: $7 – $10.