SUI's price is beginning to show signs of recovery following a recent downturn, sparking interest among traders and investors alike. As of October 20, 2025, the cryptocurrency is priced at 263, indicating a potential turnaround after hitting a significant support zone. The source reports that this movement could attract more market participants in the coming days.
Price Recovery of SUI
The price of SUI has rebounded from a support zone that has historically provided stability, ranging between 200 and 220. This recovery has traders closely monitoring the asset's performance, particularly its ability to break through the resistance zone located between 290 and 320. A successful move above this threshold could pave the way for further gains, potentially targeting a price of 398.
Increased DEX Volume
In addition to the price movements, there has been a notable increase in decentralized exchange (DEX) volume, which is often seen as a bullish indicator. As the Sui network approaches the end of the year, the current technical setup and heightened trading activity are drawing attention. This suggests that SUI may be poised for a significant upward trend in the near future.
Recent data indicates that short-term holders of XRP are experiencing significant losses, highlighting a potential capitulation phase in the market. This contrasts with the recovery signs seen in SUI's price. For more details, see XRP capitulation.