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Analyst Predicts SUI Price Could Surge 30% to $2.29 Soon
The price of SUI has been relatively stable, moving between $1.70 and $1.90, despite market optimism. Analyst Ali Martinez suggests this pattern might indicate a potential upward trend.
SUI's Potential Surge
- A chart setup indicates SUI could rise to $2.29 if it breaks out from its current pattern.
- This prediction is based on a bull flag pattern seen on a 4-hour timeframe.
- The key level for confirming an uptrend is around $1.84.
- A break above this could lead to a nearly 30% increase in the SUI price.
SUI Price Overview
- Current price: Approximately $1.78, with a 0.9% dip in the last 24 hours.
- Down by 1.7% over the past week, according to CoinGecko data.
- Despite recent struggles, SUI has increased by over 28% on a monthly basis.
- Maintains a position within the top 30 largest cryptocurrencies by market cap.
