SUI Price Could Reach $7 According to Analyst Prediction

The SUI price, after peaking above $4.1 in August, dropped to about $3.2 at the start of September. Recently, it has recovered, increasing over 4% within the past week.

Analyst Forecasts 110% Growth for SUI

Crypto analyst Ali Martinez suggested that SUI is poised for significant growth, potentially reaching around $7. This outlook is based on an ascending triangle pattern identified on the Bitcoin chart, which typically indicates a bullish trend continuation.

The SUI price recently bounced from a critical support level near $3.1.
Martinez predicts a possible retest of the lower trendline before breaking out.
The target price of $7 represents over 110% growth from the current level and 30% from its all-time high of $5.8.

SUI Current Price

The current SUI price is approximately $3.38, showing a more than 2% increase in the last 24 hours.