SUI is trading at $4.65, with bullish sentiment dominating the market. The Fear and Greed Index is showing a value of 73 (greed), while technical indicators are pointing to a strong upward momentum. Over the past month, SUI has shown moderate volatility of 12.55%, achieving 47% of green days (14 out of 30). The current 14-day Relative Strength Index (RSI) is at 62.96, indicating a neutral market condition, neither overbought nor oversold.
Source: CoinMarketCap The short-term outlook shows an ROI of over 45%.
According to Coinfomania’s forecast, SUI is expected to rise by 224.39%, potentially reaching $14.85 by January 23, 2025. In the near future, SUI is expected to peak at $5.94 by December 29, indicating a growth of 27.7% from its current price. For the rest of the year, the coin is expected to trade within a range of $4.58 to $6.77, with an average of $5.59, equating to a potential ROI of 45.47%.
Medium-term forecast (2025-2026)
The picture for 2025 suggests a huge growth, with SUI trading between $6.13 and $21.36. The average price for the year is expected to be $12.25, and January could see the most bullish activity, with SUI prices rising by 359.25% above current levels.
By 2026, Sui’s bullish trajectory is expected to maintain its strength, despite the volatility. The price could reach a high of $12.03 in January and a low of $3.83 in October, with an average price of $7.29 throughout the year. Despite the highs and lows, the overall sentiment remains positive, presenting opportunities for long-term players.
Long term extension (2027-2030)
In 2027, SUI is expected to show stable growth, reaching a midpoint of $4.91, an increase of 5.52% from today’s value. The price is expected to range between $4.19 in September and $8.51 in December, providing a good ROI of 82.79%.
The bullish trend is likely to extend into 2028, with the cryptocurrency set to trade at $8.74 for the year. January could test a low of $6.16, while November could mark a high of $14.43. By 2029, the forecast points to significant gains, with prices ranging between $11.39 and $28.36, indicating a staggering 509.05% ROI.
In 2030, SWI could peak at $18.23 in January while averaging around $14.65 this year. Even with a potential dip to $11.24 in December, the long-term outlook points to an optimistic market trend.
Key support and resistance levels
Based on the current pivotclassic point of $4.52, Swee Crypto has major support levels at $4.31, $3.92, and $3.71. Resistance levels are identified at $4.91, $5.12, and $5.51, providing clear parameters for traders to watch.
The 50-day simple moving average (SMA) is expected to rise to $7.07 by January 2025, while the 200-day SMA is expected to reach $2.99 within the same time frame.
Technical Indicators and Sentiments
The market sentiment for SUI Crypto is currently bullish, supported by 24 positive technical analysis indicators and only one negative signal. This outlook boosts investor confidence, suggesting that SUI could be a good buying opportunity in the current market conditions.
SUI technical indicators and live RSI chart. Source: Coincodex
Over the next few years, SUI is expected to show strong growth potential. By 2029, its price could rise to $28.36, indicating a gain of 508.26% from its current value. Despite the expected price volatility, the long-term sentiment remains overwhelmingly positive, making SUI a cryptocurrency worth watching for investors seeking strong returns.
Frequently Asked Questions
1. What is the current price of Sui Crypto (SUI)?
Soy Crypto is currently trading at $4.65.
2. How high will SWI Crypto go in 2025?
SUI is forecasted to reach a high of $21.36 in 2025, with an average price of $12.25.
3. Is SWI Crypto a good investment now?
With bullish market sentiment and strong growth prospects, now is a good time to consider investing in SUI.
SUI Price Prediction 2025, 2026-2030: Is Now the Best Time to Buy SUI? Optimistic Visions Point to Huge Gains! appeared first on Coinfomania.