Sui Shows Strong Growth Potential: Could SUI Price Hit $5 Soon?
Sui has been recording significant price movement. The $SUI price surged by over 78% in one month, and the trade was between $3.2 and $3.7. However, the coin is approaching a resistance level at $4.
If the Sui price rises above this resistance level, its next target will be the $5 mark.
However, if the price of SUI falls, its nearest support will be at the $1.3 region.
Sui's average price over the past 10 and 100 days has been around $3.2, representing an upward trend. Moreover, Sui’s technical indicators, including the RSI at 79 and 50 and the 100-day SMA, also point out a continued bullish trend.
This uptrend in Sui's price performance has also attracted praise from analysts. According to Michael van de Poppe, Sui is one of the top tokens to watch, reinforcing the hype surrounding its price trajectory.