đSUI price has increased by 2.19% in the last 24 hours and 28.79% in the past week. Moreover, the price has skyrocketed by 119.28% in the past month and has rewarded its long-term investors with a year-to-date (YTD) return of 186.13%.
đThe MACD line shows a continuous increase on the green histogram. Moreover, with the averages showing a continuous uptrend, SUI shows a positive outlook in the coming period.
đFurthermore, the SMA indicator is continuously supporting the price chart on the 1-day time frame. This emphasizes that this altcoin could continue to increase in price this week.
đ„SUI Price Outlook
đIf the bullish momentum continues, the SUI token price could reach its target of $2.5 in the near future. If it can maintain this price, SUI could reach $3 this year.
đHowever, if the bearish pressure increases, SUI price could drop to the $2 support level. If the situation worsens, the price could retest the lower support level at $1,975.