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

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.

sui price