Sui is lighting up the altcoin market with a 38.35% weekly gain and a 1.19% daily rise, currently hovering around $3.93. With a market cap of $13.58B and daily volume exploding by over 50% to $2.76B, SUI is a strong contender for the crypto bull run. Join me as I give you an analyst’s views on the long-term prospects and my Sui Price Prediction for the near term.
Analyst Says Sui is the Next 2x–3x Altcoin?
Crypto Patel, in his X post, cites that once the SUI price clears $4.50, it could pull back to $3.50 for a retest. This would be before targeting $6+, and possibly even $10+, in this bull run. This projection is supported by a clean technical setup, high-conviction volume, and favorable macro conditions.
But Where is SUI Price Heading Now?
The daily chart I’ve shared in this write-up reveals that SUI recently broke out of a descending channel above the key $3.45 Fibonacci resistance. That being said, a broader perspective in Crypto Patel’s analysis shows a symmetrical triangle pattern forming since early May.
At the time of press, the SUI price is testing the $4 psychological level. Should bulls ground this region, the Sui price could target $4.50. However, a short-term retest near $3.50 before a breakout can be on cards. Successively, this is justified by the RSI at 71.36, reflecting slightly overbought conditions.
FAQs
SUI’s breakout setup is strong, but RSI suggests waiting for a minor pullback could offer a better entry.
Short-term traders should look for the immediate resistance at $4.00–$4.50, with support near $3.50 and $3.07.
If bullish momentum sustains post-$4.50 breakout, $6–$10 becomes a realistic mid-cycle target, making it one of the best altcoins to buy in 2025.
