Sui Crypto is Trading -22.18% Below Our Price Prediction for Oct 31, 2024

• Sui Crypto is up 3.18% today against the US Dollar
• SUI/BTC increased by 3.19% today
• SUI/ETH increased by 2.51% today
• Sui Crypto is currently trading 22.18% below our prediction on Oct 31, 2024
• Sui Crypto gained 8.04% in the last month and is up 306.10% since 1 year ago

SUI price is expected to rise by 30.16% in the next 5 days according to our Sui Crypto price prediction

Sui Crypto price today is trading at $ 1.82 after gaining 3.18% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 2.10% in the same time period. SUI performed well against BTC today and recorded a 3.19% gain against the worlds largest cryptocurrency.

According to our Sui Crypto price prediction, SUI is expected to reach a price of $ 2.34 by Oct 31, 2024. This would represent a 30.16% price increase for SUI in the next 5 days.

SUI Price Prediction Chart

Buy/Sell Sui Crypto

What has been going on with Sui Crypto in the last 30 days

Sui Crypto has been displaying a positive trend recently, as the coin gained 8.04% in the last 30-days. The medium-term trend for Sui Crypto has been bullish, with SUI increasing by 134.67% in the last 3 months. The long-term picture for Sui Crypto has been positive, as SUI is currently displaying a 306.10% 1-year price change. On this day last year, SUI was trading at $ 0.447570.

Sui Crypto reached its all-time high price on Oct 13, 2024, when the price of SUI peaked at $ 2.36. The current SUI cycle high is $ 1.84, while the cycle low is at $ 1.68. SUI has been displaying low volatility recently – the 1-month volatility of the coin is at 8.66. Sui Crypto recorded 16 green days in the last 30 days.

Sui Crypto technical analysis for today – Oct 27, 2024

The sentiment in the Sui Crypto markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 1.63, $ 1.52 and $ 1.34, while $ 1.91, $ 2.09 and $ 2.20 are the key resistance levels.

Bearish sentiment for Sui Crypto

13 indicators are currently signaling a bullish prediction for Sui Crypto, while 15 indicators are showing a bearish forecast. With 54% of indicators favoring a negative prediction. This results in an overall sentiment for Sui Crypto.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at , which signals that investors have a positive outlook on the market.

Sui Crypto moving averages & oscillators

Let‘s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Sui Crypto is positioned in the market right now.

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Sui Crypto is at 41.30, suggesting that SUI is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Sui Crypto over the last 50 days. Currently, Sui Crypto is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline thats calculated by taking an average of the SUI closing price for the last 200 days. SUI is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Sui Crypto prediction

After considering the above factors, we can conclude that the current forecast for Sui Crypto price prediction is . SUI would have to increase by 30.16% to hit our $ 2.34 target within the next five days. Moving forward, it will be important to monitor the SUI market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Sui Crypto price predictions click here.