The purpose of this article is to provide an in-depth analysis and forecast of the Sui (SUI) price.
To arrive at this prediction, we will consider a range of factors that influence the price of SUI.
For instance, we’ll delve into how SUI’s price can be affected by changes in government regulations, its technological development progress, and the broader market dynamics.
By understanding these factors, you can make more informed decisions about your investment in SUI.
Sui (SUI) Fundamental Analysis
Project Name | Sui |
Symbol | SUI |
Current Price | $ 3.26 |
Price Change (24h) | 0.30% |
Market Cap | $ 11.09 B |
Volume (24h) | $ 608,600,649 |
Current Supply | 3,396,671,135 |
Sui (SUI) is currently trading at $ 3.26 and has a market capitalization of $ 11.09 B.
Over the last 24 hours, the price of Sui has changed by 0.30%, positioning it 11 in the ranking among all cryptocurrencies with a daily volume of $ 608,600,649.
Sui (SUI) Long-Term Price Prediction
Year | Lowest Price | Average Price | Highest Price |
---|---|---|---|
2025 | $12.97 | $15.61 | $18.28 |
2026 | $20.12 | $22.93 | $25.84 |
2027 | $18.11 | $20.83 | $23.94 |
2028 | $17.05 | $19.72 | $22.66 |
2029 | $28.37 | $31.19 | $34.08 |
2030 | $38.42 | $41.63 | $45.51 |
Sui Price Prediction 2025
We project SUI to experience positive growth throughout 2025, with its lowest price hitting $12.97 and the average price settling around $15.61.
The highest price prediction for this year is $18.28.
The reason for this significant gain is due to rising crypto adoption rates and a bullish trend fueled by a booming global crypto market.
Sui Price Prediction 2026
We predict continued growth for SUI in 2026, albeit more gradual, reaching a low of $20.12, an average of $22.93, and a high of $25.84.
This steadying growth could be the result of maturation in the SUI market along with greater regulatory clarity for cryptocurrencies globally.
Sui Price Prediction 2027
The correction period in 2027 means a temporary downturn for SUI, with prices fluctuating between $18.11 and $23.94, and averaging at $20.83.
These decreases result from short-term market cooling after intense growth in prior years.
Sui Price Prediction 2028
For 2028, we anticipate SUI to continue its downward correction, reaching a low of $17.05 and climbing no higher than $22.66.
On average, we predict a price of $19.72 due to lingering market correction effects.
Sui Price Prediction 2029
We predict that SUI will commence the rebound in 2029 after the correction phase, starting the year at $28.37 and potentially reaching as high as $34.08, with an average price around $31.19.
The resurgence of prices in this period will be due to market recovery and an anticipated renewed investment interest in SUI.
Sui Price Prediction 2030
By 2030, we foresee SUI prices soaring to new heights on the back of mass adoption of crypto and maturity of the crypto market.
We project a minimum price point at $38.42 and a maximum at $45.51, with the average price sitting around $41.63.
Sui (SUI) Technical Analysis
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Technical Analysis is a forecasting method that attempts to predict the future price movements of securities by examining historical data, primarily price and volume.
It is critical for Sui price predictions because it provides insights into market trends and patterns that can be used for decision-making.
- Trend Line: This is a line drawn over pivot highs or under pivot lows to show the prevailing direction of the price. This can help predict the general direction or trend of the Sui price.
- Volume: This refers to the number of Sui tokens traded in a certain time period. High volume often corresponds with significant price movements. It is an important indicator as high or low volume can indicate the likely continuation or reversal of a trend.
- Moving Averages: This is a calculation to analyze data points by creating series of averages of different subsets of the full data set. They are used to smooth out price and volume fluctuations to distinguish clear trends, useful in predicting potential support and resistance levels in the Sui price.
Sui Price Predictions FAQs
What is Sui?
Sui (SUI) is a cryptocurrency. As with any cryptocurrency, the price of Sui is subject to increase or decrease based on market demand.
How is the future price of the Sui predicted?
The future price of Sui can be predicted by analyzing the historical trend of price and volume data. Indicators like trend lines, volumes, and moving averages are commonly used in technical analysis to forecast price movements.
Do Sui price predictions guarantee future prices?
No, Sui price predictions do not guarantee future prices. They are projections based on analyzing past and current market data. The actual future price can be impacted by various unpredictable factors including market demand, economic shifts, technological advances or disruptions, regulatory changes, and other factors.
Are these Sui price predictions useful for investing?
While these Sui price predictions can provide some insights and guidance, they should not be used as the sole basis for investment decisions. It is important to conduct your own research and consult with a financial advisor.