SUI Price Prediction 2024-2030: Is SUI A Good Investment?

Key Takeaways

• Our SUI price prediction indicates a high of $1.60 by the end of 2024.
• In 2025, SUI will range between $1.88 and $2.35, with an average price of $1.94.
• In 2030, it will range between $12.70 and $15.09, with an average price of $13.06.

SUI is the native token of the Sui blockchain and governs and settles fees on the blockchain. Users can stake their SUI tokens with validators in a Delegated Proof-of-Stake model, enabling active participation in consensus and potential rewards. SUI’s notable feature is its ability to achieve parallel agreement on independent transactions, leading to enhanced scalability. 

Is SUI a good investment? Will it go up? Where will it be in five years? Our SUI Cryptopolitan Price Prediction answers these questions and more.

Overview

Cryptocurrency	Sui
Ticker	SUI
Current Price	$1.07
Market Cap	$2,514,306,153
Trading Volume	$121,918,189
Circulating Supply	2,339,196,966
All-time High	$2.18, on Mar 27, 2024
All-time Low	$0.3643 on Oct 19, 2023
24-hour High	$1.07
24-hour Low	$1.03

SUI Price Prediction: Technical Analysis

Metric	Value ($)
Volatility (30-day Variation)	6.47%
50-day SMA	$1.209
200-day SMA	$1.165
Sentiment	Bearish
Fear & Greed Index	74 (Greed)
Green Days	11/30 (37%)

SUI Price Analysis: SUI remains range-bound through May. 

Key Takeaways:

• A break below $1 will send it to Bitcoin pre-halving levels.
• SUI is reversing on the 4-hour timeframe.

SUI/USD 1-day Chart: Market reverses from the annual high

The daily chart highlights SUI’s breakout in March following market FOMO from Bitcoin’s halving. The market quickly reversed afterward. A break below $1 will send it to pre-halving levels. It has remained range-bound through May. 

SUI/USD 4-hour Chart: Positive momentum rises

This chart shows it is in a downtrend. It has formed bullish, engulfing candles over the last eight hours. Positive momentum has also risen, targeting the 23.60 Fibonacci at $1.0979.

SUI Technical Indicators: Levels and Action

Daily Simple Moving Average (SMA)

Period	Value ($)	Action
SMA 3	1.091	SELL
SMA 5	1.098	SELL
SMA 10	1.114	SELL
SMA 21	1.066	SELL
SMA 50	1.209	SELL
SMA 100	1.443	SELL
SMA 200	1.165	SELL

Daily Exponential Moving Average (EMA)

Period	Value ($)	Action
EMA 3	1.070	SELL
EMA 5	1.080	SELL
EMA 10	1.111	SELL
EMA 21	1.189	SELL
EMA 50	1.337	SELL
EMA 100	1.359	SELL
EMA 200	1.214	SELL

What can you expect from SUI Price Analysis next?

Our indicators show a bearish sentiment, while the Fear & Greed Index shows 74 (Greed). SUI recorded 11/30 green days with 6.47% price volatility over the last 30 days. The chart analysis shows it will trade higher over the short term.

Is SUI a Good Investment?

The SUI has utility, and ongoing developments and partnerships will lead to a more efficient network. SUI is a victim of the crypto market dynamics but continues to scale higher. As per the Cryptopolitan price predictions, SUI will set record prices in the coming years.

Recent News/ Updates

• SUI is partnering with MESH to integrate its technology. The technology enables the shameless transfer of digital assets and allows for account aggregation.

SUI Price Prediction June 2024

A break above resistance will result in a mini bull run with the next target at $1.09. The price will range between $0.89 and $1.30.

Month	Potential Low	Potential Average	Potential High
June	0.89	1.09	1.30

Also read: Sui Sets New Standard for Blockchain Transaction Speeds

SUI Price Prediction 2024

The price predictions for SUI for the second half of 2024 are bullish. It will trade between $0.89 and $1.60 and average $1.39.

Year	Potential Low ($)	Potential Average ($)	Potential High ($)
2024	0.89	1.39	1.60

SUI Price Predictions 2025-2030

Year	Potential Low ($)	Potential Average ($)	Potential High ($)
2025	$1.88	$1.94	$2.35
2026	$2.80	$2.87	$3.27
2027	$4.23	$4.34	$4.89
2028	$6.20	$6.37	$7.45
2029	$8.82	$9.08	$10.40
2030	$12.70	$13.06	$15.09

SUI Price Prediction 2025

The SUI forecast for 2025 indicates a high of $2.35. In a correction, SUI might rest at a minimum price of $1.88, making an average price of $1.94.

SUI Price Prediction 2026

The year 2026 will experience more bullish momentum. According to the SUI price prediction, it will range between $2.80 and $3.27, with an average trading price of $2.87.

SUI Price Prediction 2027

The SUI’s price prediction climbs higher into 2027. According to the prediction, it will range between $4.23 and $4.89, with an average of $4.34.

SUI Price Prediction 2028

According to the SUI price prediction, SUI will range between $6.20 and $7.45, with an average of $6.37.

SUI Price Prediction 2029

According to the SUI coin price prediction for 2029, the SUI price will reach a maximum and minimum cost of $10.40 and $8.82, respectively, with an average of $9.08.

SUI Price Prediction 2030

The SUI coin price prediction 2030 indicates a price range of $12.70 and $15.09 and an average price of $13.06. 

SUI Market Price Prediction: Analysts’ SUI Price Forecast

Firm	2024	2025
DigitalCoinPrice	$2.35	$2.76
Changelly	$1.67	$2.50
Gate.io	$1.14	$1.19

Cryptopolitan’s SUI Price Prediction

SUI has dropped 34% from its initial listing price. At current levels, it is bullish despite dropping 20% in the last 30 days.

According to our predictions, it will achieve a high of $1.60 in the second half of 2024. In 2025, it will range between $1.88 and $2.35, with an average price of $1.94. In 2030, it will trade between $12.70 and $15.09.

SUI Historic Price Sentiment

• The SUI pre-sale price was $0.03 on three exchanges: OKX, KuCoin, and ByBit. You can trade SUI on those exchanges.
• The public sale- held in May 2023- price was $0.10, capped at 10,000 tokens per person.
• According to Coinmarketcap, SUI started trading at $1.4. A bear run preceded it, and on October 23, 2023, it fell to its lowest price, $0.3643.
• It started recovering after October. It reached its highest price on March 27, 2024, at $2.18.
• On May 21, 2024, SUI surpassed 1 million daily active wallets.