Sui (SUI) Price Prediction: AI-Powered Scribble DAO Launch Adds Momentum as Analysts Target $1 on Break Above $0.77

While SUI continues to trade within a broader consolidation phase near the $0.70 level, the launch of AI-focused Scribble DAO on the Sui blockchain and a record-breaking network performance test have strengthened the project’s fundamental narrative.

From a technical perspective, analysts remain divided on the near-term Sui outlook. Some expect one final retest of lower support before a recovery, while others argue that a confirmed breakout above $0.77 could pave the way for a move toward the psychologically important $1 level.

Scribble DAO Launch Highlights Sui’s Growing AI Ecosystem

Sui Network recently announced the on-chain launch of Scribble DAO, a platform designed to help brands and creators improve their visibility across AI-powered search and language models.

Sui Network announced the on-chain launch of Scribble DAO, a platform designed to help brands and creators improve visibility and citations across AI-powered models. Source: @SuiNetwork via X

According to the project, Scribble enables users to monitor how frequently they are cited by AI systems while offering tools such as AI visibility dashboards, query tracking, competitor analysis, and an on-chain citation marketplace. The platform also allows creators to bid for and monetize influence across major AI models, including ChatGPT and Gemini.

The launch adds another AI-focused application to the Sui ecosystem and showcases the network’s ability to support data-intensive decentralized applications that combine blockchain infrastructure with artificial intelligence.

The announcement comes shortly after Sui demonstrated its scalability during a public AI agent experiment held on July 4. During the test, the network processed a record 6,086,766 transactions per second (TPS) using programmable tunnels. At the time of the demonstration, the dashboard showed sustained throughput of roughly 4.68 million TPS, while the network’s cumulative transaction count surpassed 4 billion.

The milestone reinforced Sui’s focus on high-performance infrastructure as developers continue building AI-native applications on the blockchain.

Sui Price Prediction: $0.77 Breakout Remains the Key Technical Trigger

Despite improving network fundamentals, SUI continues trading inside a well-defined consolidation range after unwinding its sharp rally earlier this year.

A 12-hour Binance chart shows SUI consolidating above the $0.70 support level, with building bullish momentum pointing to a potential breakout above a descending trendline. Source: Ted via X

Crypto analyst TedPillows believes the current structure resembles a multi-week base rather than the continuation of a downtrend. Sharing a 12-hour Binance chart, the analyst noted that SUI has repeatedly defended support around $0.70 while gradually building upside momentum beneath a descending trendline.

According to the analysis, a confirmed 12-hour close above $0.77 could trigger a rally toward $1, marking the first significant bullish breakout following months of corrective price action.

The chart suggests that buyers are gradually absorbing selling pressure after the prolonged decline, although confirmation above resistance remains necessary before a broader trend reversal can be established.

Analysts Continue Watching the $0.67 Support Zone

Not all analysts expect an immediate breakout. Crypto trader @bitgu_ru argues that SUI is still losing short-term momentum and could revisit lower support before any sustainable recovery develops.

Crypto trader @bitgu_ru said SUI is losing momentum and could decline toward the $0.66–$0.68 accumulation zone before a potential bullish reversal. Source: @bitgu_ru via X

The trader identified the $0.66-$0.68 region as a potential accumulation zone after observing weakening price action on the four-hour Binance chart. The analysis projects a final move toward that support area before buyers potentially regain control.

The view aligns with recent market performance, with SUI trading around $0.70 after declining roughly 4% to 5% over the previous 24 hours, reflecting continued selling pressure during July.

A separate market structure analysis also points to $0.67 as the most important long-term support level. After peaking near $1.42 in May, SUI completed a full retracement before stabilizing inside a relatively narrow range between $0.67 and $0.80.

The analysis notes that selling pressure has eased since June, with the price compressing around $0.72 while the Relative Strength Index (RSI) remains near neutral levels, suggesting balanced momentum rather than extreme bullish or bearish conditions.

Under this framework, $0.80 represents the primary resistance level. A decisive daily close above that zone would expose the previous support region around $1.00, while a sustained break below $0.67 would invalidate the basing structure and increase the risk of fresh lows.

TradingView Technicals Remain Neutral With Bearish Undertones

TradingView’s latest technical summary for the SUI/USDT pair currently assigns the asset an overall “Neutral” rating on its primary timeframe. However, the broader outlook remains more cautious, with both the one-week and one-month summaries continuing to favor a Sell bias.

Momentum indicators also reflect limited directional conviction. The oscillator summary remains neutral, with no dominant buy or sell signals across commonly monitored indicators, including the MACD, Stochastic, Stochastic RSI, Commodity Channel Index (CCI), Williams %R, and Awesome Oscillator.

Sui (SUI) price chart. Source: Brave New Coin

Meanwhile, moving averages continue to present a weaker picture. Several short-, medium-, and longer-term averages still generate sell signals, indicating that SUI remains in a corrective trend despite recent stabilization.

With oscillators showing balanced momentum but moving averages still leaning bearish, the technical backdrop suggests traders may continue to monitor whether SUI can reclaim key resistance levels before a stronger directional trend emerges.

For now, the $0.67-$0.70 support area remains the principal zone to watch on the downside, while $0.77 and $0.80 represent the key resistance levels that bulls must overcome to strengthen the case for a move toward $1.