Price Analysis View Non-AMP

SUI Price Retests $2 Mark, New ATH Incoming This Uptober?

Published by
Elena R

With Bitcoin price reclaiming the $63k mark, the cryptocurrency market has recorded a strong bullish recovery over the past day. Moreover, the Sui coin price has regained traction and is on the verge of reclaiming the $2 mark.

Will Sui crypto price beat all odds and record a new ATH this Uptober? Or will the altcoin experience a bearish reversal and plunge toward its lower support levels? Scroll down to uncover the short-term mysteries of the Sui (SUI) crypto token.

Sui Token Breaks Its Important Resistance Level:

The Sui price has jumped ~12% in the past day with a trading volume of $942.14 million. Moreover, it has added 122.84% during the past month and has a YTD return of 148.59%.

Moreover, the altcoin is currently trading at a discount of ~10% from an all-time high (ATH) of $2.18. Successively, with a circulating supply of 2,763,841,373 SUI tokens and a market cap of $5.34 billion, it has secured the 19th position in the global crypto list.

The Relative Strength Index (RSI) continues hovering above the overbought range in the 1D time frame. Further, its average trendline shows a potential bullish convergence, suggesting a positive outlook for the altcoin in the coming time.

The EMA 50/200-day shows a significant rise in the SUI price chart. This highlights that the altcoin will continue gaining value during the upcoming week.

Will SUI Price Hit New ATH This Uptober?

Maintaining the price above the support level of $1.90 could result in it retesting its all-time high of $2.1850 in the coming time. Furthermore, if the bullish sentiment intensifies, this could result in it heading toward its upper high of $2.50 this month.

On the contrary, a bearish reversal could pull the price toward its support level of $1.90. Moreover, if the bearish sentiment intensifies, this could result in the Sui coin price plunging toward its lower support level of $1.6060.

Considering stacking some SUI tokens for good gains? Read our Sui Price Prediction for potential price targets!

Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

Recent Posts

XRP price prediction: XRP Eyes $5.50 By Q4, But A “Next-Gen Rival” Could Outpace It With 1000% Gains

XRP has shot into the limelight with many analysts predicting it could hit $5.50 by…

May 25, 2025

Buying Dogecoin (DOGE) At $0.25 or Buying Remittix (RTX) At $0.07 – Which Will Be the Bigger Payday?

With crypto markets on the rise, investors are looking for their next big move. Dogecoin…

May 25, 2025

Best Crypto Presale to Invest in 2025: 3 Strategic Picks for Maximum Gains

With the digital asset space surging ahead and innovation moving at lightning speed, 2025 is…

May 25, 2025

PEPE price prediction, XRP price, XRP news, XRP price prediction, big potential. Best crypto presale to buy now?

According to Binance and CoinMarketCap, XRP price is around $0.53 today. XRP news points to…

May 25, 2025

Chainlink, Ripple (XRP) Or Mantix? Which One Of These Could Make You A Millionaire In 2025?

As the crypto market prepares for another explosive cycle, investors are eyeing the top contenders…

May 25, 2025

Ethereum Price Prediction 2025 Experts Reveal: Bitcoin Solaris Offers 10X Greater Wealth Potential at Just $4

As Ethereum continues its evolution through rollups and staking infrastructure, most 2025 price prediction models…

May 25, 2025