Sui Crypto Price Prediction – SUI Price Estimated to Drop to $0.635799 By Jul 03, 2023

Sui Crypto Price Prediction – SUI Price Estimated to Drop to $ 0.635799 By Jul 03, 2023

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 -4.92% today against the US Dollar
  • SUI/BTC decreased by -5.16% today
  • SUI/ETH decreased by -4.65% today
  • Sui Crypto is currently trading 11.72% above our prediction on Jul 03, 2023
  • Sui Crypto dropped -32.21% in the last month
Sui Crypto price$ 0.710304
Sui Crypto prediction $ 0.635799 (-10.80%)
Sentiment Bearish
Fear & Greed index 62 (Greed)
Key support levels$ 0.699726, $ 0.679826, $ 0.651682
Key resistance levels$ 0.747770, $ 0.775914, $ 0.795814

SUI price is expected to drop by -10.80% in the next 5 days according to our Sui Crypto price prediction

is trading at $ 0.710304 after losing -4.92% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -2.25% in the same time period. SUI performed poorly against BTC today and recorded a -5.16% loss against the world’s largest cryptocurrency.

According to our Sui Crypto price prediction, SUI is expected to reach a price of $ 0.635799 by Jul 03, 2023. This would represent a -10.80% price decrease 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 negative trend recently, as the coin lost -32.21% in the last 30-days. The medium-term trend for Sui Crypto has been bullish, with SUI increasing by 0.00% in the last 3 months.

Sui Crypto reached its all-time high price on May 03, 2023, when the price of SUI peaked at $ 1.84. The current SUI cycle high is $ 0.887818, while the cycle low is at $ 0.514718. SUI has been displaying high volatility recently – the 1-month volatility of the coin is at 15.60. Sui Crypto recorded 11 green days in the last 30 days.

Sui Crypto technical analysis for today – Jun 28, 2023

The sentiment in the Sui Crypto markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.699726, $ 0.679826 and $ 0.651682, while $ 0.747770, $ 0.775914 and $ 0.795814 are the key resistance levels.

Bearish sentiment for Sui Crypto

0 indicators are currently signaling a bullish prediction for Sui Crypto, while 16 indicators are showing a bearish forecast. With 100% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Sui Crypto.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 62 (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$ 0.729736 (SELL)$ 0.719626 (SELL)
MA5$ 0.748187 (SELL)$ 0.731300 (SELL)
MA10$ 0.769527 (SELL)$ 0.749178 (SELL)
MA21$ 0.726600 (SELL)$ 0.769422 (SELL)
MA50$ 0.914191 (SELL)$ 0.856056 (SELL)
MA100
MA200
PeriodValueAction
RSI (14)40.45NEUTRAL
Stoch RSI (14)79.63NEUTRAL
Stochastic Fast (14)40.14NEUTRAL
Commodity Channel Index (20)66.67NEUTRAL
Average Directional Index (14)19.53NEUTRAL
Awesome Oscillator (5, 34)-0.05NEUTRAL
Momentum (10)0.02NEUTRAL
MACD (12, 26)0.01NEUTRAL
Williams Percent Range (14)-59.86NEUTRAL
Ultimate Oscillator (7, 14, 28)45.09NEUTRAL
VWMA (10)0.78SELL
Hull Moving Average (9)0.79SELL
Ichimoku Cloud B/L (9, 26, 52, 26)0.77NEUTRAL

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 40.45, suggesting that SUI is currently neutral.

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 above the SMA 50 trendline, which is a bullish 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 Bearish. SUI would have to decrease by -10.80% to hit our $ 0.635799 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/29200/sui-prediction-june-28-2023/