DeFi Daily News
Sunday, June 8, 2025
Advertisement
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos
No Result
View All Result
DeFi Daily News
No Result
View All Result
Home Cryptocurrency Altcoins

rewrite this title Solana Rival SUI Could Be In for Further Dramatic Collapse, According to Analyst Jason Pizzino – Here’s His Targets – The Daily Hodl

Daily Hodl Staff by Daily Hodl Staff
February 4, 2025
in Altcoins
0 0
0
rewrite this title Solana Rival SUI Could Be In for Further Dramatic Collapse, According to Analyst Jason Pizzino – Here’s His Targets – The Daily Hodl
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Telegram
Listen to this article


rewrite this content using a minimum of 1000 words and keep HTML tags

Cryptocurrency analyst and trader Jason Pizzino is warning that one Solana (SOL) competitor is at risk of a severe correction.

In a new video, Pizzino tells his 345,000 YouTube subscribers that Sui (SUI) may be repeating a historic pattern that could lead to a collapse.

According to Pizzino, SUI saw an overbalance in time and price following its collapse to a low of $2.38. Pizzino explains that the overbalance means SUI went down longer in price and further in time than any corrective period it witnessed during this bull market.

With the current setup, the trader says SUI may be following in the footsteps of its April to August 2024 price action when it initially crashed from about $2 to below $1 before witnessing another deep corrective move.

“[Sui is] trying to hold the 50% level similar to what it did last time [in April 2024]. Okay, that was a 58% decline into this freak bottom ($0.43 in August 2024). So see that dump into this level. It’s almost exactly the same guys.”

Source: Jason Pizzino/YouTube

He says if Sui cannot hold $2 as support on the daily chart it may dip to $1.60 or even lower, which would be in line with the 2024 pattern.

“So if you get these next couple of panic lows, I’d be looking somewhere around back to $1.60, maybe even $1.10, $1.20 at those previous tops, maybe back down into that zone [around $0.73]. But we won’t worry about those yet. Let’s see if it actually gets back down to the $2 level.”

Source: Jason Pizzino/YouTube

SUI is trading for $3.60 at time of writing, up 14% in the last 24 hours.

?

 

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Follow us on X, Facebook and Telegram
Surf The Daily Hodl Mix

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

and include conclusion section that’s entertaining to read. do not include the title. Add a hyperlink to this website [http://defi-daily.com] and label it “DeFi Daily News” for more trending news articles like this



Source link

Tags: AnalystCollapseDailyDramaticHeresHodlJasonPizzinorewriterivalSolanaSuitargetstitle
ShareTweetShare
Previous Post

Trump says US will take over Gaza Strip during news conference with Netanyahu | LiveNOW from FOX

Next Post

rewrite this title How to watch Super Bowl 2025: Chiefs vs. Eagles on Sunday, February 9

Next Post
rewrite this title How to watch Super Bowl 2025: Chiefs vs. Eagles on Sunday, February 9

rewrite this title How to watch Super Bowl 2025: Chiefs vs. Eagles on Sunday, February 9

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
  • Trending
  • Comments
  • Latest
Protecting Yourself from Scams by Third-Party Sellers – NerdWallet

Protecting Yourself from Scams by Third-Party Sellers – NerdWallet

July 16, 2024
Tech companies are interested in nuclear power, but some utilities are blocking their progress.

Tech companies are interested in nuclear power, but some utilities are blocking their progress.

August 10, 2024
rewrite this title All 20 Premier League clubs ranked by their 2024/25 wage bill

rewrite this title All 20 Premier League clubs ranked by their 2024/25 wage bill

February 8, 2025
rewrite this title with good SEO Michael Saylor Explains Why Microsoft Should Buy Bitcoin

rewrite this title with good SEO Michael Saylor Explains Why Microsoft Should Buy Bitcoin

May 6, 2025
Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

Top 5 Superior Ethereum Faucets to Earn Free ETH in 2024

July 16, 2024
Crypto Analyst Reveals Six ‘Super-Cycle’ Tokens Set to Surge by 1000x in Value

Crypto Analyst Reveals Six ‘Super-Cycle’ Tokens Set to Surge by 1000x in Value

August 16, 2024
rewrite this title KLM Open: Scot Connor Syme lands first DP World Tour title as wife surprises him on final green

rewrite this title KLM Open: Scot Connor Syme lands first DP World Tour title as wife surprises him on final green

June 8, 2025
rewrite this title AI Is Coming for Your Job, Much Faster Than Anyone Thought – Decrypt

rewrite this title AI Is Coming for Your Job, Much Faster Than Anyone Thought – Decrypt

June 8, 2025
rewrite this title SEC to Hold Roundtable Meeting On 9 June: “Defi and the American Spirit”

rewrite this title SEC to Hold Roundtable Meeting On 9 June: “Defi and the American Spirit”

June 8, 2025
You Have To Stop This!

You Have To Stop This!

June 8, 2025
rewrite this title and make it good for SEO Moonbirds NFT IP Finds New Home as Yuga Labs Continues Strategic Retreat – Cryptoflies News

rewrite this title and make it good for SEO Moonbirds NFT IP Finds New Home as Yuga Labs Continues Strategic Retreat – Cryptoflies News

June 8, 2025
rewrite this title Let’s rank all the Android phone camera apps from worst to best

rewrite this title Let’s rank all the Android phone camera apps from worst to best

June 8, 2025
DeFi Daily

Stay updated with DeFi Daily, your trusted source for the latest news, insights, and analysis in finance and cryptocurrency. Explore breaking news, expert analysis, market data, and educational resources to navigate the world of decentralized finance.

  • About Us
  • Blogs
  • DeFi-IRA | Learn More.
  • Advertise with Us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Cryptocurrency
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi-IRA
  • DeFi
    • NFT
    • Metaverse
    • Web 3
  • Finance
    • Business Finance
    • Personal Finance
  • Markets
    • Crypto Market
    • Stock Market
    • Analysis
  • Other News
    • World & US
    • Politics
    • Entertainment
    • Tech
    • Sports
    • Health
  • Videos

Copyright © 2024 Defi Daily.
Defi Daily is not responsible for the content of external sites.