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 $2.10 and $2.47, with an average price of $2.16.
• In 2030, it will range between $14.40 and $17.96, with an average price of $14.82.

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	$0.9852
SUI Crypto Market cap	$2,390,579,499
Trading volume	$230,565,227
Circulating supply	2,426,143,881
All-time low	$0.3643 on Oct 19, 2023
All-time high	$2.18 on Mar 27, 2024
24-hour low	$0.9781
24 hour high	$1.05

SUI price prediction: Technical analysis

Metric	Value
Volatility (30-day variation)	4.54%
50-day SMA	$1.078
200-day SMA	$1.230
Sentiment	Bearish
Fear & greed index	70 (Greed)
Green days	13/30 (43%)

SUI price analysis: SUI remains range-bound

Key takeaways:

• SUI traded between 100% and 78.60% for the better part of May.
• The direction of the next breakout is not apparent.

SUI/USD 1-day chart: SUI momentum slows

As Bitcoin fell below $68,000, it affected multiple mega-altcoins to fall to the highest Fibonacci range. SUI traded between 100% and 78.60% for the better part of May. Its momentum has slowed over the last four days as it seeks support at $0.8851. The relative strength index (RSI) is neutral at 47.07.

The direction of the next breakout is not apparent, the technical indicators suggest it will remain range-bound.

SUI/USD 4-hour chart: SUI reverses from breakout

The 4-hour chart highlights the SUI break earlier this month. The coin reached a high of $1.17 from a low of $1.00. It quickly moved into overbought territory, forcing it to reverse previous lows. The negative momentum slowed recently, marking a break from the drop.

Like the daily chart, SUI is range-bound and in neutral territory.

SUI technical indicators: Levels and action

Daily simple moving average (SMA)

Period	Value ($)	Action
SMA 3	1.007	SELL
SMA 5	1.037	SELL
SMA 10	1.073	SELL
SMA 21	1.044	SELL
SMA 50	1.078	SELL
SMA 100	1.337	SELL
SMA 200	1.204	SELL

Daily simple exponential average (EMA)

Period	Value ($)	Action
EMA 3	1.043	SELL
EMA 5	1.039	SELL
EMA 10	1.041	SELL
EMA 21	1.056	SELL
EMA 50	1.149	SELL
EMA 100	1.233	SELL
EMA 200	1.175	SELL

What can you expect from SUI price analysis next?

According to the technical indicators, SUI is Bearish, while the Fear & Greed Index is 70 (Greed). Sui Crypto recorded 13/30 green days with 4.54% price volatility over the last 30 days. In the charts, it trades sideways but might fall lower, according to market sentiment.

Is SUI a good investment?

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

Recent news/ opinions

Sui Bridge has officially launched on Testnet. the bridge will enable the transfer of ETH, wBTC, USDC, and USDT, leveraging the security and speed of the Sui network.

Also read: SUI Network TVL Expands to Record High After Peak Number of New Wallets Created in May.

SUI price prediction June 2024

The SUI price forecast for June is a maximum of $1.23 and a minimum of $0.95. The average price for the month will be $1.05.

Month	Potential low ($)	Potential average ($)	Potential high ($)
June	0.95	1.05	1.23

SUI price prediction 2024

For the second half of 2024, SUI’s price will range between $0.95 and $1.60. The average price for the period will be $1.49.

Year	Potential low ($)	Potential average ($)	Potential high ($)
2024	0.95	1.49	1.60

SUI price prediction 2025-2030

Year	Potential low ($)	Potential average ($)	Potential high ($)
2025	2.10	2.16	2.47
2026	3.14	3.23	3.61
2027	4.61	4.74	5.46
2028	6.76	6.95	8.05
2029	10.23	10.50	11.67
2030	14.40	14.82	17.96

SUI price prediction 2025

The SUI crypto price forecast for 2025 is a high of $2.47. It will reach a minimum price of $2.10 and an average trading price of $2.16.

SUI crypto price prediction 2026

The SUI’s price prediction estimates it will range between $3.14 and $3.61, with an average price of $3.23.

SUI price prediction 2027

SUI coin price prediction climbs even higher into 2027. According to the prediction, SUI will range between $4.61 and $5.46, with an average price of $4.74.

SUI price prediction 2028

Our analysis indicates a further acceleration in SUI’s price. It will trade between $6.76 and $8.05, with an average price of $6.95.

SUI price prediction 2029

According to the SUI coin price prediction for 2029, the price of SUI will range between $10.23 and $11.67, with an average price of $10.50.

SUI price prediction 2030

According to the 2030 SUI price prediction, the price will range between $14.40 and $17.96, with an average of $14.82.

SUI market price prediction: Analysts’ SUI price forecast

Firm	2024	2025
Digitalcoinprice	$2.06	$2.42
Gate.io	$2.42	$2.54
Changelly	$3.61	$1.54

Cryptopolitan’s SUI price prediction

Our predictions show that SUI will achieve a high of $1.60 in the second half of 2024. In 2025, it will range between $2.10 and $2.47, with an average of $2,16. In 2030, it will range between $14.40 and $17.96, with an average of $14.82. Note the predictions are not investment advice. Seek independent consultation or do your own research.

SUI historic price sentiment

• Multiple exchanges, including Binance, OKX, KuCoin, and Bybit, hosted activities to award the initial distribution of SUI in April 2023. 
• SUI initially traded at $2.10, well above the $0.10 investors paid during its public sale at the end of April.
• A bear run preceded the listing, 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, after the Greek stock exchange announced a possible collaboration.
• On May 21, 2024, SUI surpassed 1 million daily active wallets.