$SUI (SUI) Price Prediction 2024
Instead of the 4-hour chart, Coin Edition engaged the daily timeframe to evaluate SUI’s price prediction in 2024. The first indicator we checked was the On Balance Volume (OBV). At press time, the OBV displayed a signal hinting a positive volume pressure.
This reading implied that there have been more buy orders than selling ones. In the mid-term, a rise in the OBV could fuel a higher value for SUI. Apart from the OBV, the Supertrend was another indicator Coin Edition considered.
At press time, the Super trend indicated a buy signal at $1.41. If selling pressure increases, SUI’s price might retrace to this point. But traders who accumulate at this level might enjoy extended gains. By December 2024, the price of SUI might hit $7.50.