👉SUI price has increased by 2.19% in the last 24 hours and 28.79% in the past week. Moreover, the price has skyrocketed by 119.28% in the past month and has rewarded its long-term investors with a year-to-date (YTD) return of 186.13%.
👉The MACD line shows a continuous increase on the green histogram. Moreover, with the averages showing a continuous uptrend, SUI shows a positive outlook in the coming period.
👉Furthermore, the SMA indicator is continuously supporting the price chart on the 1-day time frame. This emphasizes that this altcoin could continue to increase in price this week.
💥SUI Price Outlook
👉If the bullish momentum continues, the SUI token price could reach its target of $2.5 in the near future. If it can maintain this price, SUI could reach $3 this year.
👉However, if the bearish pressure increases, SUI price could drop to the $2 support level. If the situation worsens, the price could retest the lower support level at $1,975.
