If you’re eyeing Sui Crypto (SUI) as your next investment, current predictions are on your side. A $1,000 investment today could potentially grow to $5,190.20 by January 13, 2025. This equates to an impressive 419.02% ROI over the next 37 days, excluding transaction fees. While the prospects appear lucrative, it’s crucial to remember that these figures are estimates and not guaranteed outcomes.
Sui Crypto Price Prediction for Short-Term and 2024 Show FOMO-ish Bullishness
The short-term outlook for Sui Crypto indicates steady price growth in the days leading to December 11, 2024. Analysts project the token’s price to peak at $5.86, representing a 40.12% ROI compared to current levels. This trajectory aligns with a recent 23.81% price change over the past week, hinting at strong bullish momentum. December 7, 2024, is forecasted to see SUI priced at $4.46, rising to $4.71 on December 8 and then $5.03 by December 9. The upward trend continues on December 10 with a predicted price of $5.42, culminating in $5.86 by December 11.
As the year-end approaches, December 2024 appears pivotal for Sui Crypto. Projections indicate trading prices between $4.46 and $12.52, with an average price of $7.85. This range reflects a potential ROI of 199.43%, showcasing strong investor confidence in the token. The bullish sentiment aligns with SUI’s performance trends throughout the year and hints at significant growth opportunities for early investors.
Long Offshoot for Sui Crypto (2025–2030) is Even Better
In the works, by 2025, Sui Crypto is expected to trade between $7.72 and $21.71, averaging $12.46. January could emerge as the most bullish month of the year, with potential gains of 419.09% compared to today’s prices. The outlook for 2026 remains positive, with prices predicted to range from $3.69 in September to $11.67 in January. The year’s average price is anticipated to be $6.91, sustaining the bullish sentiment observed in previous years.
Projections for 2027 suggest continued upward momentum for Sui Crypto, with prices oscillating between $4.07 and $8.51 throughout the year. An average price of $4.86 is expected, offering a potential ROI of 103.31%. By 2028, the token’s value is forecasted to rise further, with an average price of $9.09 and highs reaching $14.58 in November. The bullish narrative gains even more traction in 2029, where SUI could hit a peak price of $30.14, reflecting an ROI of 620.76%. By 2030, long-term forecasts suggest an average price of $15.26, with highs of $18.74 and lows of $11.95, representing significant growth from current levels.
Technical Analysis and Moving Averages of Sui Places it in a Healthy Spotlight
Technical analysis supports the hopeful outlook for Sui coin. As of December 6, 2024, 92% of technical indicators signal bullish momentum, with only 8% pointing to bearish trends. The Relative Strength Index (RSI) currently sits at 77.40, indicating an overbought market but suggesting that prices may continue to marathon. Additionally, the 200-day Simple Moving Average (SMA) predicts a rise to $2.76 by January 2025, while the 50-day SMA estimates SUI could hit $6.75 within the same period.
SUI/USDT chart. Source: TradingView
Key price levels provide further insight into Sui Crypto’s market dynamics. The current pivot point (P1) is valued at $4.06, with support levels at $3.69, $3.19, and $2.82. On the resistance side, SUI faces thresholds at $4.56, $4.93, and $5.43. These levels will likely play a crucial role in determining the token’s price movement in the short term.
Correlation data reveals that over the past seven days, SUI’s price has shown strong positive alignment with tokens like Render Token (RENDER), Jasmy (JASMY), NEAR Protocol (NEAR), Bitget Token (BGB), and Bitcoin Cash (BCH). Conversely, it has displayed negative correlations with assets such as Stellar (XLM), Zeebu (ZBU), UNUS SED LEO (LEO), Bonk (BONK), and Raydium (RAY). This suggests that market dynamics in related cryptocurrencies may influence SUI’s performance.
FAQs:
1. What is the predicted ROI for Sui Crypto (SUI) by January 2025?
The projected ROI for Sui Crypto by January 13, 2025, is 419.02%, meaning a $1,000 investment today could grow to $5,190.20.
2. What are the key price projections for Sui Crypto in December 2024?
Sui Crypto is forecasted to trade between $4.46 and $12.52 in December 2024, with an average price of $7.85, reflecting a potential ROI of 199.43%.
3. How does technical analysis view Sui Crypto’s short-term momentum?
Technical analysis indicates strong bullish momentum, with 92% of technical indicators signaling positivity. The Relative Strength Index (RSI) at 77.40 suggests an overbought market but points to continued upward price movement.
The post Sui Crypto Price Prediction, 2024, 2025-2030: Potential ROI of 419.02% by January 2025. Find Out Now! appeared first on Coinfomania.