Sui (SUI) Falls 0%, Underperforms the Crypto Market Tuesday

Tuesday, September 12, 2023 12:22 PM | InvestorsObserver Analysts

Sui (SUI) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has dropped 0.3% to $0.4317968102.

InvestorsObserver is giving Sui a 47 Volatility Rank. Find out what this means to you and get the rest of the rankings on Sui!

Moderately Volatile

InvestorsObserver gives Sui a moderate volatility rank of 47, placing it in the bottom 47% of cryptos on the market.

The Volatility Gauge follows meaning that one day won't make or break its rank. SUI's moderate volatility reading comes with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.

Sui price is in a favorable position going forward. With support near $0.415106835453189 and resistance at $0.450592252103962. This positions Sui with room to run before facing selling pressures.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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