SUI Crypto Price Prediction: SUI Expected to Rise by 29.80% and Reach $4.42 by Dec 03, 2024

SUI price is expected to rise by 29.80% in the next 5 days according to our Sui Crypto price prediction. SUI is trading at $3.55 after gaining 5.57% in the last 24 hours.

SUI price is expected to rise by 29.80% in the next 5 days according to our Sui Crypto price prediction

SUI is trading at $3.55 after gaining 5.57% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 4.56% in the same time period. SUI performed well against BTC today and recorded a 1.45% gain against the world’s largest cryptocurrency.

According to our Sui Crypto price prediction, SUI is expected to reach a price of $4.42 by Dec 03, 2024. This would represent a 29.80% price increase for SUI in the next 5 days.

What has been going on with Sui Crypto in the last 30 days

Sui Crypto has been displaying a positive trend recently, as the coin gained 94.87% in the last 30-days. The medium-term trend for Sui Crypto has been bullish, with SUI increasing by 341.26% in the last 3 months. The long-term picture for Sui Crypto has been positive, as SUI is currently displaying a 476.55% 1-year price change. On this day last year, SUI was trading at $0.616215.

Sui Crypto reached its all-time high price on Nov 16, 2024, when the price of SUI peaked at $3.93. The current SUI cycle high is $3.55, while the cycle low is at $2.98. SUI has been displaying high volatility recently – the 1-month volatility of the coin is at 25.31. Sui Crypto recorded 20 green days in the last 30 days.

Sui Crypto technical analysis for today - Nov 28, 2024

The sentiment in the Sui Crypto markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $3.32, $3.20 and $3.11, while $3.53, $3.62 and $3.74 are the key resistance levels.

Bullish sentiment for Sui Crypto

24 indicators are currently signaling a bullish prediction for Sui Crypto, while 2 indicators are showing a bearish forecast. With 92% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Sui Crypto.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 75 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Sui Crypto moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Sui Crypto is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Sui Crypto is at 64.02, suggesting that SUI is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Sui Crypto over the last 50 days. Currently, Sui Crypto is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the SUI closing price for the last 200 days. SUI is now trading below the SMA 200, signaling that the market is currently bearish.