đ Sui ($SUI ) Price Prediction 2024-2030: Will SUI Price Hit $5 Soon? - CoinEdition Analytics
đ SUIâs Impressive Growth
Sui, a Layer 1 blockchain, saw its token, SUI, surge from $0.6035 to an all-time high of $2.18 in March 2024, marking a 261.22% increase. After a pullback, SUI stabilized at $0.84, still up 40.29% for the year.
đ What is Sui (SUI)?
Sui Network is a next-gen Layer-1 blockchain using the Move programming language, designed for high transaction speed and security. Its native token, SUI, is used for fees, staking, and governance.
đ SUI Market Status
SUI has seen a 134.44% price increase this month, now trading at $1.86 with a market cap of $5.137 billion. Its trading volume spiked to $842 million, indicating strong investor interest.
đ Price Analysis â Bollinger Bands
The Bollinger Bands show increasing market volatility, with SUI approaching overbought levels. If momentum continues, SUI could challenge its all-time high of $2.18.
đ RSI & MACD Analysis
The RSI at 67.83 indicates room for more upward movement. The MACD shows strong bullish sentiment, suggesting SUI could surpass its all-time high, though caution is advised for a potential market correction.
đ° Sui Price Prediction 2024
SUI could reach $3.99 by year-end if bullish momentum holds, but corrections could bring it down to $0.65.
đ Price Predictions for 2025-2030
2025: High of $5.81, low of $2.18
2026: High of $3.88, low of $1.27
2027: High of $5.12, low of $2.67
2028: High of $9.75, low of $5.81
2029: High of $14.80, low of $8.60
2030: High of $25.25, low of $13.20
