SushiSwap Appoints Alex McCurry as New Leader Following TVL Decline
Leadership Change: Alex McCurry has taken over as the new leader of SushiSwap after acquiring over 10 million SUSHI tokens, while Jared Grey steps down to an advisory role after three years of leadership.
Performance Decline: SushiSwap's total value locked (TVL) has drastically decreased from over $9 billion in 2021 to $106.5 million, with the SUSHI token currently trading at $0.34, reflecting an 11.85% drop in the last 24 hours.
Future Plans: McCurry aims to implement an aggressive roadmap to restore SushiSwap's market position and user confidence amid declining performance metrics and revenue concerns.
Context of Challenges: Grey's tenure included navigating multi-chain expansion and regulatory issues, highlighting the challenges faced by SushiSwap in a competitive decentralized finance (DeFi) landscape.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for SUSHI
Technical Sentiment Analysis for SushiSwap (SUSHI) As of , SushiSwap (SUSHI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SUSHI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SUSHI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
SushiSwap (SUSHI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0659 | 0.118 | 0.169 | 0.221 | 0.273 | 0.325 | 0.377 |
| Fibonacci | 0.118 | 0.157 | 0.182 | 0.221 | 0.261 | 0.285 | 0.325 |
About SUSHI
About the author








