SUI is an Altcoin that is currently trading at a discount of about 10% from its all-time high (ATH) of $2.18. Meanwhile, the circulating supply of Sui tokens is 2,763,841,373, with a market capitalization of $5.34 billion, ranking 19th on the global crypto list.

The Relative Strength Index (RSI) continues to move above the overbought zone on the daily chart. In addition, its average trendline shows a potential convergence of bullish expectations, which suggests that the Altcoin has positive expectations for the future.

The daily exponential moving average (EMA) 50/200 shows a significant uptrend in the Sui price chart. This suggests that the Altcoin may continue to increase in value in the coming week.

Can Sui Price Reach an All-Time High (ATH) This Month?

If it can sustain above the $1.90 support, Sui could retest the historical $2.1850 level in the future. Additionally, if the market sentiment is more bullish, Sui is expected to reach a high of $2.50 this month.

Conversely, if there is a bearish reversal, Sui price could fall back to the $1.90 support level. Furthermore, if the bearish sentiment increases, Sui coin price could fall to the lower support level at $1.6060.