Sui: Apakah Ini Solana Selanjutnya?
Is Sui the Next Solana? $1.9 Billion Floods In After Trump’s Surprise Tariff Pause https://cryptonews.com/news/is-sui-the-next-solana-1-7-billion-floods-in-after-trumps-surprise-tariff-pause/

Is Sui the Next Solana? $1.9 Billion Floods In After Trump's Surprise Tariff Pause

Sui's strong fundamentals mean that the coin is well-positioned to lead any bull market that would emerge from a resolution to the ongoing tariff disputes. Last updated: April 10, 2025 08:08 EDT

Sui has gained by 10% in the past 24 hours, with its jump to $2.13 coming after the White House introduced a 90-day pause on higher tariff rates for almost all nations bar China. This respite means that SUI has reversed some of the hefty losses it incurred over previous days, although the altcoin is still down by 7% in a week and by 23% in the past fortnight.

Yet with the coin also holding on to an annual return of 37%, and with its 24-hour trading volume spiking to $1.9 billion today, it looks ready to post further recovery gains in the coming days. And when combined with its enviably strong fundamentals, Sui could really make big progress in the coming year, especially if the international trading situation settles further.

Sui's chart is now in a very promising place, with its indicators showing signs of a strong recovery, and with its resistance (red) and support (green) levels suggesting that a big move could be coming. Its 30-day average (orange) is arguably close to a bottom in relation to the 200-day (blue), implying that SUI should rebound upwards quite soon.

Source: TradingView

Given that the coin's relative strength index (purple) has been below 50 (or lower) since the end of January, it could certainly be on the cusp of strong upwards movement. This will all depend, however, on what happens next in the recently escalating trade war between the US and the rest of the world.

While President Donald Trump has seemingly backtracked on blanket tariffs against every other nation, the permanence of any pause depends on negotiations between the US and its various trading partners. It's obvious that China was always the main target of Trump's aggressive trade war. He dropped tariffs on most countries to 10%, while hitting China with crazy tariffs of 125%. This will end all US trade with China. Trump is forcing an economic decoupling in the new cold war.