Sui coin price is expected to rise by 900% after breaking through
Recently, the price of Sui coin (abbreviated as SUI) has seen a breakthrough increase. In the past 24 hours, the Sui price has risen by 5.2%, currently trading at $3. Compared to last week's low, Sui coin has increased by about 25%.
The price of Sui coin is expected to continue to rise. Since November 5, the SUI price has broken through a consolidation range lasting 234 days and climbed to a high of $3.3 in the following week. This breakthrough broke through a key resistance area, indicating that the price of Sui coin may enter a new round of upward cycle.
Currently, the SUI price is close to its historical high, only 15.7% lower than the previous highest price. According to market forecasts, the price of Sui coin is expected to reach around $4 this week.
The next target is around $4. The price trend of Sui coin shows a strong upward trend. After breaking through the key supply area, the next key resistance level is around $3.5.
Once the price of Sui coin breaks through these resistance levels, it is expected to further surge to $15. The $4 area is an important psychological price level, and whether it can be successfully broken will be a key factor determining the future trend of Sui coin.
On the contrary, if Sui coin experiences a pullback, the previous range may provide strong support again, becoming a stepping stone for a rebound.
Overall, the current technical situation and market atmosphere of Sui coin point to the possibility of further increases. Investors should closely monitor SUI's dynamics to find suitable entry opportunities.
