SUI price prediction amidst altcoin market recovery – outlook by Trading Joker analyst
With a 24-hour trading volume of $854.88M USD, the current Sui price is $1.83. In the previous 24 hours, Sui has changed 16.87% and in 7 days the change in price is 13.61%. With a live market cap of $2.26B USD, the current CoinMarketCap ranking is #56. There are 1.23B SUI coins in circulation, with a maximum supply of 10B coins.
In his X post, a reputable analyst Trading Joker identified a bullish cup and handle pattern on the SUI chart. He expressed confidence in a breakout from the current handle, reclaiming the $2 level.
Moreover, Trading Joker believes that once SUI surpasses $2, it will enter a price discovery phase with no significant resistance, potentially propelling it towards targets around $3.40-$3.60. Lately, he reiterated his bullish stance, stating, “As long as BTC allows, this will be sent to new ATHs.”
Meanwhile, AMBCrypto sees slight local bullish sentiment in SUI price and long-term bullish trend, which could make SUI hit $3.27 in 2025.
