SUI just broke out of a week-long base, and now Mysten Labs is talking up confidential payments coming to the network this year.
This SUI price prediction looks at whether the breakout can carry SUI toward $1.4054 and beyond, with $0.9556 the level bulls need to defend.
Crypto Banter reported that Mysten Labs co-founder Eman Abio said confidential transfers are coming to Sui Network this year, hiding balances and payment amounts on-chain while still letting issuers and compliance teams see what they need.
The pitch is that businesses have avoided putting payroll or supplier flows on a public ledger, and privacy-focused features like this have been one of the stronger narratives in crypto lately.
Source: Data From X
CoinGabbar could not independently verify a launch date, as no official roadmap post from Sui Network was linked alongside the claim.
SUI Price Today
is trading at $1.0295, up 2% on the candle, after breaking out of a tight range that had held between roughly $0.85 and $0.9556 since early September.
That range followed a longer base built through July and August, and the breakout candle cleared both EMAs with room to spare, putting price well above short-term moving-average support for the first time in weeks.
|
Level Type |
Price |
|
Resistance 3 |
$2.0069 |
|
Resistance 2 |
$1.4054 |
|
Resistance 1 (nearest) |
$1.1622 |
|
Immediate Price Reference |
$1.0295 |
|
First Confirmed Support |
$0.9556 |
|
Deeper Support |
$0.8485 |
|
EMA Support Zone |
$0.8381 to $0.7851 |
Bull case: Holding above $0.9556 keeps the breakout structure intact, and a confirmed close above the nearest resistance at $1.1622 would open the path toward $1.4054.
Continued privacy-narrative momentum, plus any confirmation of the confidential payments feature, could add fresh demand on top of the technical setup.
Bear case: A close back below $0.9556 would put the breakout in question and suggest the range is reasserting itself.
Losing $0.8485 would expose the EMA support zone between $0.8381 and $0.7851, undermining the recovery structure built since early September.
$2.0069 is the highest resistance level marked on the chart. Reaching it would require SUI to first clear $1.1622 and then $1.4054, a multi-stage move that would likely need the breakout to hold and sustained follow-through on the privacy narrative rather than a single rally.
According to CoinGabbar analysts , the breakout above the September range, combined with both EMAs now sitting well below price, points to a genuine shift in short-term structure rather than a one-candle spike.
The confidential payments narrative adds a fundamental tailwind, but it remains an unconfirmed roadmap item, so the $0.9556 support level is the more reliable signal to watch than the news itself.
This piece is for informational purposes only and isn't financial advice. The levels and scenarios above are based on technical chart analysis and publicly available data at the time of writing, and crypto markets can move sharply within hours, so past patterns don't guarantee future outcomes. It's worth doing independent research and considering your own risk tolerance before acting on any of the levels discussed here.