- Van de Poppe highlights SUI’s growing ecosystem, zero-fee stablecoin transfers and 600K SUI in foundation buybacks.
- Bullish RSI and MACD divergences appear across SUI/USD and SUI/BTC on weekly and three-day timeframes.
- SUI holds $0.71-$0.73 support, while a breakout above $0.84-$0.85 could open a path toward the $1 target.
SUI remains 85% below its previous high, while analyst Michael van de Poppe says its expanding ecosystem has widened the gap between price and fundamentals. He cited zero-fee stablecoin transactions, increased applications, rising buybacks, and bullish technical divergences. Meanwhile, Ali Charts and Crypto With Gopal identified support levels between $0.71 and $0.73.
Van de Poppe Highlights SUI’s Network Growth
Van de Poppe said SUI’s technology could support the agentic economy through zero-fee stablecoin transfers. He argued that AI agents may conduct frequent microtransactions, making low costs and fast scaling important.
According to the analyst, SUI has already addressed the need for higher transaction capacity. He also reported that foundation buybacks have increased weekly, with 600,000 SUI purchased so far.
Meanwhile, Van de Poppe said activity across SUI’s decentralized finance ecosystem has started to increase. He also noted that few networks have released as many applications during the past six months.
Multiple Timeframes Show Bullish Divergences
Van de Poppe identified bullish divergences across several SUI trading pairs and timeframes. The weekly RSI and MACD show divergences against the U.S. dollar pair. The same indicators also show bullish divergences on the three-day dollar pair.
Additionally, both indicators display weekly and three-day divergences against Bitcoin. He said similar setups have appeared before periods of accumulation and later breakouts. In his view, price can move before the market narrative changes.
However, Van de Poppe did not provide a specific SUI price target based on these technical formations.
Analysts Watch $0.71-$0.85 Price Levels
Ali Charts said SUI appears to trade within a channel and approach its lower boundary near $0.71. He identified that area as potential support and placed the channel’s upper boundary near $0.84. Crypto With Gopal separately identified a double-bottom formation around $0.72-$0.73.
He said buyers had defended that zone twice. According to Gopal, a move above the $0.84-$0.85 resistance range could open a path toward $1.00. His assessment followed the reported defense of the lower support zone.
