Sui Price Prediction: SUI Falls as Mainnet Stall Hits Market Confidence

Finance  Sui Price Prediction: SUI Falls as Mainnet Stall Hits Market ConfidenceSUI dropped pressure after a network stall halted transactions for hours, raising reliability concerns.The SUI price tests the key $0.90 zone, with $1.00 still acting as strong resistance.Market outlook stays fragile, with traders watching whether support holds or breaks.  SUI has come under pressure after a mix of technical weakness and a sudden network outage rattled trader confidence. Suis mainnet stalled for over two hours, pausing block production and stopping transactions across the network, as reported by Coin Bureau.  In spite of this fact, there were still operational RPC nodes, but the crucial settlement layer failed to perform, and this problem is crucially significant for any Layer-1 blockchain. On top of all the existing concerns, the SUI price had been already trying its luck in the range of $0.90-$0.91.  SUI pressure builds around the $0.90 zone  SUI has been in a long corrective phase after its run toward $4.00 in 2024–2025. From that point on, according to the chart by 2xnMore, it is clearly seen that it started drawing lower highs and lower lows, failing each time it tried to retrace to the $1.00 area. This area was previously acting as solid support, but

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Bitcoin price today Analysis: 24h

BTC/USDT — daily chart with candlesticks, EMA20/EMA50 and volume.Multi-timeframe read  Daily (macro bias): Bearish tilt. Price (73,856) is below the 20/50/200-day EMAs and the MACD stays negative. Proximity to the lower Bollinger Band invites a bounce, but the burden of proof is on buyers.  1H (confirmation/weakening): Neutral-to-constructive. Meanwhile, price is above the 1H EMA20 (73,624) but still below the 1H EMA50 (74,127) and EMA200 (75,741). RSI near 53 and a positive MACD histogram flag an intraday squeeze attempt, not a trend change.  15m (execution context): Mildly bullish. Still, price rides above the 15m EMA20/50 (73,698/73,618) but remains capped by the 15m EMA200 (74,132). Expect whipsaws into nearby resistance.  Evidence and what it impliesRSI (Daily RSI14: 37.03) — Momentum is weak but not washed out. There is room for a pop, yet rallies can be sold until RSI works back toward the mid-40s/50.MACD (Daily: line −882.4, signal −289.22, hist −593.18) — Downside momentum still dominates. Any bounce is fighting a negative backdrop until the histogram starts climbing toward zero.EMAs (Daily: EMA20 76,715.65; EMA50 76,439.81; EMA200 81,911.03) — Price is under all three, with the 20-day only slightly above the 50-day. That is classic overhead supply; first real battleground sits in the 76.4k–76.8k zone.Bollinger Bands (Daily

05-29

XRP Coinbase Order Book Shows 7x Stronger Buy Liquidity

Analyst Dom says the $XRP order book on Coinbase remains heavily tilted toward buyers, even though the token has struggled to build strong upward momentum recently.  According to Dom, buy orders in $XRPs order book are far larger than sell orders. He said buy-side liquidity in the larger order ranges is almost seven times higher than sell-side pressure.  While this does not guarantee a price rally, it suggests $XRP may have an easier path upward than downward under current market conditions.  Key Points$XRP order book on Coinbase is heavily skewed toward buyers, with buy liquidity far exceeding sell pressure.Analyst Dom says buy-side depth is 7x larger, suggesting easier upward moves than downside under current conditions.$XRP trades near $1.20–$1.30 liquidity zone, while price remains mixed despite recent short-term gains.$XLMs 40% rally is fueling speculation $XRP could follow, with targets projected around $1.76–$2 if momentum builds.  Explaining Order Books  Dom explained that order books mainly show trader intentions rather than exact predictions of future price movements. However, he said these signals can still be useful.  He pointed to his earlier bearish Bitcoin call in early 2025, where similar order book data helped support his view before Bitcoin later fell by about 30%.  Coinbase Order Book Shows Strong Buyer Interest  A

05-29

Bitcoin underperforms risk assets as record 9th day of ETF outflows signal waning demand

Bitcoin is stabilizing near $73,500, about 10% below its monthly high of $81,000. Data suggests the stall reflects a shortage of new buyers rather than a plethora of sellers.  Risk assets broadly advanced after reports that U.S.-Iran negotiations could reopen the Strait of Hormuz, a vital oil passageway, lifted sentiment.  “The expectations of a de-escalation in geopolitical tension and the normalization of the Strait of Hormuz are reducing pressure on oil prices,” analysts at Spanish lender Bankinter wrote in a market note.  Against that supportive backdrop, bitcoins weakness looks crypto-specific. Long-term holder supply has reached a record 15.8 million $BTC, according to CryptoQuant, normally a bullish signal because it reflects coins held rather than traded. The firm argued the record may be hollow, reflecting slowing market turnover rather than conviction.  Short-term holder supply has fallen about 2.2 million $BTC since December. That includes roughly 900,000 $BTC of Coinbase reserves that crossed the 155-day long-term-holder threshold by sitting still. The record is partly an artifact of inactivity, not fresh buying.  Demand from spot bitcoin ETFs, a key driver of the past two years rally, has cooled. Glassnode said inflows and spot demand remain too weak to sustain a move above cost-basis levels near $78,000. Net outflows

05-29

Sui Network Hit by Fresh Outage Months After Previous Six-Hour Downtime Incident

Sui experienced its second network stall in five months on May 28.  Sui Network has restored operations after a disruption that kept its blockchain offline for nearly six hours on Thursday.  The Layer 1 network said the issue was caused by a bug tied to its recently released 1.72 update, which specifically affected the gas charging logic.  Recurring Network Issues  In a post on X, the team behind Sui confirmed that activity on the mainnet had resumed and added that a detailed incident review would be released in the coming days. Earlier during the outage, the project warned users that the network was experiencing a stall and that transactions were paused until a solution was deployed.  According to the networks status page, the disruption lasted for 5 hours and 55 minutes. Although the blockchain has resumed functioning, validators on the Sui mainnet are still marked as operating under “degraded performance.”  This isn‘t Sui’s first outage. In fact, in January this year, the network suffered another downtime event that lasted more than six hours. A separate disruption also occurred in November 2024, which was linked to a bug in transaction scheduling logic that caused validators to crash and ended up halting transaction processing across the network.  Price Performance  Suis

05-29

Standard Chartered Maintains $40K Ethereum (ETH) Target Despite 60% Price Decline

By contrast, Bitcoin has experienced a comparatively modest 42% drawdown from its record peak near $126,000, currently settling around $72,800. According to Standard Chartered analysts, this performance disparity lacks fundamental justification.  The financial institution‘s research team drew parallels between Ethereum’s current state and Amazons circumstances following the 2001 dot-com bubble burst. When Amazon stock plummeted 94%, founder Jeff Bezos highlighted that underlying business fundamentals remained strong. Standard Chartered contends Ethereum faces a similar disconnect — depressed pricing amid expanding network utilization.  During Q1 2026, Ethereum validated more than 200 million transactions, establishing a new quarterly benchmark. The platforms DeFi ecosystem maintains between $43B and $45B in total value locked, representing over half of global decentralized finance liquidity.  Network Fundamentals Versus Market Valuation  Standard Chartered researchers emphasized that ETH possesses “significant scope” to align with robust internal performance indicators. Stablecoin transfers comprise 33% of all Ethereum transactions year-to-date, with projections suggesting continued expansion.  The Ethereum Foundation recently unveiled forthcoming “economic zone” functionality scheduled for summer deployment. This infrastructure enhancement aims to facilitate seamless asset portability across Layer 2 networks and sidechains built atop Ethereum.  Approximately 36 million ETH — constituting roughly 30% of circulating supply — remains secured in staking protocols. This substantial lockup reduces available market

05-29

Crypto Market Recovery or Crash as $7.5B Bitcoin, ETH, XRP Options to Expire Today?

Bitcoin Crypto Ethereum  Crypto Market Recovery or Crash as $7.5B Bitcoin, ETH, XRP Options to Expire Today?  Crypto market crash stalled and stocks gained higher after the US-Iran ceasefire was extended to another 60 days, with traders eyeing recovery. Bitcoin (BTC), Ethereum (ETH), and XRP are rising amid buy-the-dip action, but $7.5 billion in monthly crypto options are expiring today.  Market uncertainty increased amid mixed sentiment, with US PCE inflation coming in hot at 3.8% in line with estimates by JPMorgan, UBS, and Wall Street giants. Bullish technical patterns are forming Bitcoin and Ethereum charts. Meanwhile, XRP price jumped above $1.30 amid massive buying.  Long and short liquidations remain balanced, which means traders will determine short-term market direction. Will the crypto market recover or crash further amid mixed sentiment?  $6.2B in Bitcoin Options Expiry, Crypto Market Recovery or Crash Ahead?  After the PCE data confirmed that inflation increased in the United States, crypto traders are watching todays monthly crypto options expiry.  Deribit data shows more than 84K Bitcoin options contracts with a notional value of $6.2 billion are to expire on May 29. The put/call ratio is 0.84 and 24-hour call volume is also higher than put volume, signaling bullish sentiment.  Moreover, the max pain price is at

05-29

Standard Chartered Compares Ethereum Slump to Amazon’s 2001 Crash

Ethereum  Standard Chartered Compares Ethereum Slump to Amazons 2001 CrashStandard Chartered compared Ethereums current price weakness to Amazon during the 2001 tech crash.Geoffrey Kendrick said Ethereums internal metrics continue improving despite ETHs sharp decline.The bank maintained ETH targets of $4,000 by end-2026 and $40,000 by end-2030.  Ethereum‘s price decline does not match the strength of its network activity, according to Standard Chartered. The bank compared ETH’s recent weakness to Amazon during the 2001 dot-com crash, when the stock fell sharply while internal business metrics kept improving.  Notably, Standard Chartered‘s Geoffrey Kendrick said ETH may eventually catch up to Ethereum’s internal metrics. The bank kept its long-term price targets unchanged, even after ETH fell sharply from its August 2025 high.  Standard Chartered Sees Amazon Parallel  Standard Chartered said Ethereum‘s recent underperformance does not reflect the network’s improving fundamentals. Kendrick compared ETH to Amazon after the 2001 tech bubble burst, citing Jeff Bezoss point that a stock can fall even while a business improves internally.  According to The Block, ETH has dropped about 57% from its August 2025 high to roughly $2,000. The ETH-BTC ratio has also fallen about 37% over the same period. However, Kendrick said Ethereums transaction count and total value locked in ETH terms remain

05-29

Ethereum Retail is in Mood to Buy the Dip as ETH Price Slips Under $2K

Ethereum  Ethereum Retail is in Mood to ‘Buy the Dip’ as ETH Price Slips Under $2K  Ethereums native token, Ether (ETH), slipped below $2,000 for the first time since March, but retail traders have not reacted with panic yet.  Key takeaways:Ethereum retail data shows rising “buy the dip” sentiment, which may lead to more downside ahead.Macro data, such as ETF net flows and whale behavior, show institutions are selling ETH.  Retail FOMO warns of further ETH price dips  As of Thursday, “buy the dip” calls on social media were surging after ETH lost the key psychological support level, according to data resource Santiment.  That suggests retail traders are treating the decline as a discount opportunity rather than a warning sign.  Historically, excessive crowd optimism after a sharp drop can signal more downside ahead, as retail sentiment often peaks before prices stabilize. A stronger contrarian buy signal may emerge only when FOMO fades and panic takes over.  “There will be an opportunity to buy Ethereum, but ideally you will want to wait for the majority to cool down their FOMO and begin to show panic,” Santiment said in a Thursday post, adding:  “This way, you will be buying while there is true blood in the streets.”  Institutional selling is overpowering bullish

05-29

CFTC Moves to Drop Gemini Restrictions in Case It Says Shouldn’t Exist

Tech  CFTC Moves to Drop Gemini Restrictions in Case It Says Shouldnt Exist  The Commodity Futures Trading Commission (CFTC) brought its effort to unwind parts of the Gemini case to federal court on May 27, joining the company in a motion to remove remaining restrictions tied to the long-running action against Gemini Trust Company LLC. The agency asked the court to vacate prospective provisions linked to a January 2025 consent order after concluding the original complaint should not have been filed under current standards.  The federal agency said the review covered the investigation‘s history, litigation strategy, evidentiary record, and broader digital-asset enforcement policy changes across government agencies. The case began in June 2022 in the U.S. District Court for the Southern District of New York and centered on allegations that Gemini made false or misleading statements during a registration process connected to a futures product. The CFTC stated that Gemini had already satisfied the settlement’s $5 million civil monetary penalty, leaving only the consent orders prospective provisions for the court to consider. The regulator stated:  “The CFTC concluded the complaint should not have been filed — and would not have been under current enforcement standards.”  The CFTC also outlined several internal concerns uncovered during the

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