Sui Price Prediction: SUI Surges 58% In A Week As The Best Wallet Presale Heads For $12 Million

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Sui Price Prediction: SUI Soars 12% As This Next-Generation AI Content Creation Platform Raises Over $100K In Presale
Sui Price Prediction: SUI Soars 12% As This Next-Generation AI Content Creation Platform Raises Over $100K In Presale

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The Sui price is up 58% in the past week despite a 2% drop in the last 24 hours to trade at $3.54 as of 3:00 a.m. EST on trading volume that soared 56% to $2.12 billion.

The SUI price went from $2.24 last week to $3.54 at the time of writing. It reached its highest point yesterday, when it climbed to $3.85, only to correct slightly to where it is now.

For the moment, the price seems to be fairly stable, with only slight fluctuations, going from $3.50 to $3.60 and back. However, Bitcoin is currently trying to climb back above $95k, and if it ends up being successful, SUI could follow up with a surge of its own.

Sui Price Prediction

The SUI price has seen strong activity in the last two days. After seeing similar, relatively steady performance on April 28, the token saw a drop to $3.4, only to then surge to $3.85, and drop back to where it was previously. Smaller fluctuations seen both before and after yesterday’s big surge and correction managed to keep the token’s Bollinger Bands quite wide.

As a result, the price increase, which pushed the upper band further up, brought only a slightly greater widening. Still, after the price returned to the $3.50-3.60 range, the bands narrowed to the previous level. The longer the price remains stationary, the tighter the bands will grow. However, at some point, the price will likely see either a strong surge or a sharp drop.

Sui Price Prediction

SUI/USDT chart analysis (Source: TradingView)

The token’s Relative Strength Index (RSI) value has fluctuated between 40 and 60 prior to the surge, only to then drop to 22.16, deep in the oversold zone. This was when traders made their move, buying SUI at a discount, and pumping the RSI to 77, causing a price surge.

The following sell-off pushed the RSI down to 31.86, but traders started buying before it dipped into the oversold zone. Since then, the RSI has been fluctuating from the oversold zone and the neutral value of 50. Right now, it appears that the metric is ready to venture up to the overbought zone again, suggesting that SUI might finally see a new price surge.

Promising Alternative To Sui

While Sui has the potential for another small increase, investors are doubling down on Best Wallet (BEST).

Best Wallet is a new crypto wallet whose popularity skyrocketed over the last six months. It went live in late 2024, and before long, it launched the BEST ICO, offering its native token at presale prices. The ICO is still ongoing, selling BEST for only $0.0249 for now. It has raised over $11.89 million since launch, but experts believe that the token’s price will skyrocket after it goes live.

ClayBro, a crypto YouTuber with over 136k subscribers, says that utility tokens have been blowing up recently, and BEST is likely to be next.

The token can unlock the full potential of the Best Wallet app, which already has a lot to offer. The wallet supports over 60 chains, including the thousands of cryptocurrencies that run on each of them. You can connect all of your other wallets to it and manage different portfolios from one place, and even invest in new tokens on its token launchpad.

If you hold BEST, you also get increased staking rewards, lower trading fees, early access to new tokens, and the ability to join community governance.

Interested investors should buy before the next presale price increase in around 10 hours.

Visit the Best Wallet website.

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