Sui Crypto is Trading -23.46% Below Our Price Prediction for Nov 26, 2024

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Sui Crypto is Trading -23.46% Below Our Price Prediction for Nov 26, 2024

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

  • Sui Crypto is down -4.28% today against the US Dollar
  • SUI/BTC decreased by -6.21% today
  • SUI/ETH decreased by -8.85% today
  • Sui Crypto is currently trading 23.46% below our prediction on Nov 26, 2024
  • Sui Crypto gained 86.87% in the last month and is up 567.96% since 1 year ago
Sui Crypto price$ 3.57
Sui Crypto prediction $ 4.67 (29.96%)
Sentiment Bullish
Fear & Greed index 82 (Extreme Greed)
Key support levels$ 3.36, $ 3.19, $ 2.96
Key resistance levels$ 3.77, $ 4.01, $ 4.17

SUI price is expected to rise by 29.96% in the next 5 days according to our Sui Crypto price prediction

is trading at $ 3.57 after losing -4.28% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -3.09% in the same time period. SUI performed poorly against BTC today and recorded a -6.21% loss against the world’s largest cryptocurrency.

According to our Sui Crypto price prediction, SUI is expected to reach a price of $ 4.67 by Nov 26, 2024. This would represent a 29.96% price increase for SUI in the next 5 days.

SUI Price Prediction Chart

Buy/Sell Sui Crypto

What has been going on with Sui Crypto in the last 30 days

Sui Crypto has been displaying a positive trend recently, as the coin gained 86.87% in the last 30-days. The medium-term trend for Sui Crypto has been bullish, with SUI increasing by 292.10% in the last 3 months. The long-term picture for Sui Crypto has been positive, as SUI is currently displaying a 567.96% 1-year price change. On this day last year, SUI was trading at $ 0.534954.

Sui Crypto reached its all-time high price on Nov 17, 2024, when the price of SUI peaked at $ 3.94. The current SUI cycle high is $ 3.69, while the cycle low is at $ 3.34. SUI has been displaying high volatility recently – the 1-month volatility of the coin is at 28.74. Sui Crypto recorded 20 green days in the last 30 days.

Sui Crypto technical analysis for today – Nov 21, 2024

The sentiment in the Sui Crypto markets is currently Bullish, and the Fear & Greed index is reading Extreme Greed. The most important support levels to watch are $ 3.36, $ 3.19 and $ 2.96, while $ 3.77, $ 4.01 and $ 4.17 are the key resistance levels.

Bullish sentiment for Sui Crypto

23 indicators are currently signaling a bullish prediction for Sui Crypto, while 3 indicators are showing a bearish forecast. With 88% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Sui Crypto.

Crypto market is currently experiencing Extreme Greed

Currently, the Fear & Greed index is at 82 (Extreme Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Sui Crypto moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Sui Crypto is positioned in the market right now.

PeriodDaily SimpleDaily ExponentialWeekly SimpleWeekly Exponential
MA3$ 3.16 (BUY)$ 2.80 (BUY)
MA5$ 3.45 (BUY)$ 2.56 (BUY)
MA10$ 3.33 (BUY)$ 2.32 (BUY)
MA21$ 2.75 (BUY)$ 2.09 (BUY)$ 2.12 (BUY)$ 1.59 (BUY)
MA50$ 2.27 (BUY)$ 1.71 (BUY)$ 1.44 (BUY)$ 0.962906 (BUY)
MA100$ 1.69 (BUY)$ 1.41 (BUY)
MA200$ 1.36 (BUY)$ 1.24 (BUY)
PeriodValueAction
RSI (14)73.72SELL
Stoch RSI (14)65.83NEUTRAL
Stochastic Fast (14)76.81NEUTRAL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)37.16SELL
Awesome Oscillator (5, 34)1.25NEUTRAL
Momentum (10)0.50NEUTRAL
MACD (12, 26)0.06NEUTRAL
Williams Percent Range (14)-23.19NEUTRAL
Ultimate Oscillator (7, 14, 28)58.82NEUTRAL
VWMA (10)3.47BUY
Hull Moving Average (9)3.99SELL
Ichimoku Cloud B/L (9, 26, 52, 26)2.78NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Sui Crypto is at 73.72, suggesting that SUI is currently overbought.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Sui Crypto over the last 50 days. Currently, Sui Crypto is trading below the SMA 50 trendline, which is a bearish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the SUI closing price for the last 200 days. SUI is now trading below the SMA 200, signaling that the market is currently bearish.

The bottom line about this Sui Crypto prediction

After considering the above factors, we can conclude that the current forecast for Sui Crypto price prediction is Bullish. SUI would have to increase by 29.96% to hit our $ 4.67 target within the next five days. Moving forward, it will be important to monitor the SUI market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Sui Crypto price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Source: https://coincodex.com/article/54525/sui-prediction-november-21-2024/