Join Our Telegram channel to stay up to date on breaking news coverage
The Sui price prediction reveals that SUI is currently trading within an ascending channel, showing signs of consolidation as it tests key support and resistance levels amid weakening bullish momentum.
Sui Prediction Data:
- Sui price now – $3.58
- Sui market cap – $11.83 billion
- Sui circulating supply – 3.33 billion
- Sui total supply – 10 billion
- Sui Coinmarketcap ranking – #11
Getting in early on crypto projects can often be the key to massive returns, and SUI is a prime example of that potential. Since its all-time low of just $0.3643 on October 19, 2023, SUI has surged by an incredible 871.97%, demonstrating the kind of exponential growth early investors dream of. With a recent 24-hour price range between $3.52 and $3.72, SUI remains a strong performer, even after pulling back from its all-time high of $5.35 in January 2025. This trajectory highlights the power of spotting promising tokens early in their journey.
SUI/USD Market
Key Levels:
Resistance levels: $4.50, $4.70, $4.90
Support levels: $2.80, $2.60, $2.40
SUI/USD is facing resistance around the $3.80 mark as it continues to trade within an ascending channel. The 9-day moving average is slightly below the 21-day MA, indicating mild bearish momentum. While the price remains within the channel, it is gradually losing steam near the upper half of the structure, hinting at potential consolidation or a short-term pullback. The inability to decisively break higher reflects caution among buyers despite prior bullish attempts.
Sui Price Prediction: SUI Eyes a Rebound but Faces Resistance
Currently trading around $3.58, SUI appears to be testing the support of the 21-day MA. A bounce from this level could spark another rally towards the $4.00 level and potentially challenge the upper boundary of the channel. If bulls manage to build momentum, the next key resistance zones lie at $4.50, $4.70, and $4.90. However, the volume remains relatively low compared to earlier May surges, suggesting that significant bullish conviction is still lacking. A strong breakout would require renewed buying pressure and a decisive move above the $4.00–$4.20 range.
SUI Price Analysis: Has a Low Finally Formed?
On the flip side, if bears take control and the price breaks below the 21-day MA, SUI may revisit support at $3.00, with further downside targets at $2.80, $2.60, and $2.40. The lower boundary of the ascending channel is likely to act as dynamic support, but a close below it would signal a potential trend reversal. Traders should closely watch price interaction with both the moving averages and trendlines to determine the next significant move.
SUI/BTC Faces Key Resistance as Bears Maintain Pressure
Sui (SUI) against Bitcoin (BTC) is currently trading at 3326 SAT, hovering slightly below both the 9-day (3367 SAT) and 21-day (3594 SAT) moving averages. This positioning suggests ongoing bearish pressure, as the price remains compressed within the lower half of the ascending channel. The narrowing gap between the two MAs points to weakening momentum, and unless buyers push the price above the 21-day MA with strong volume, SUI/BTC could struggle to regain bullish traction. Should the downtrend persist, a retest of the channel’s lower boundary is likely, with the next key support level resting at 2700 SAT.
However, if the price finds a solid footing above current levels and flips both moving averages into support, there’s potential for a rebound toward the upper region of the channel. In such a case, bulls will target the next key resistance at 4000 SAT, a level that aligns with the channel’s upper trendline. A successful breakout above that could confirm a trend continuation. Until then, traders should remain cautious, as continued rejection below the 21-day MA may keep SUI/BTC range-bound or further expose it to a downward correction.
Nevertheless, Crypto analyst @Bullify_X shared on X (formerly Twitter) that $SUI appears to be breaking out of a descending triangle, with the chart indicating growing bullish momentum. While a breakout isn’t confirmed yet, clearing the current resistance could potentially trigger a significant upward move of over 28%. He noted that this setup is worth watching closely, as market activity around $SUI is starting to intensify.
Looks like $SUI might finally be breaking out of that descending triangle.
The chart’s showing some solid bullish momentum, and if it clears this resistance, we could be looking at a 28.42% move up.
Nothing confirmed yet, but it’s definitely one to keep an eye on things are… pic.twitter.com/uCr3eirPTD
— BullifyX (@Bullify_X) May 29, 2025
Alternatives to Sui
SUI is trading within an ascending channel but is encountering resistance and exhibiting signs of fading momentum, with the moving averages suggesting slight bearish pressure. The price is consolidating in the upper region of the channel, and while a rebound could occur if support levels hold, low trading volume points to buyer hesitation. A sustained breakout would need stronger momentum, whereas a drop below key support levels might signal a trend shift. Additionally, SUI is now available for purchase on the Best Wallet platform. This new decentralized wallet has raised over $12.8 million in its presale and is positioning itself as a rival to MetaMask, Trust Wallet, and Coinbase Wallet, although its listing details remain unclear.
Best Wallet Presale Launched or Not
Despite ongoing uncertainty about its official launch, the project demonstrates promising growth potential, with key materials like the whitepaper, audit reports, and roadmap accessible on its official website. For those interested in an early entry into a crypto wallet initiative with a strong framework and clear plans, joining the presale by connecting a wallet via the official link could be worthwhile. As with any investment, thorough research is essential, but this could represent a notable opportunity in the expanding crypto space.
Related News
- SUI Soars 15% As Traders Flock To Buy This AI Agent ICO With 272% Staking APY
- New Cryptocurrency Releases, Listings, & Presales Today – Best Wallet Token, Syntor AI, Centrifuge
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
