Sui (SUIUSD) Price Forecast: September 25
The Sui market price targets the $1.800 high mark amidst market fluctuations as the crypto market shows strong resilience and upward momentum. The coin price may likely continue with the high hike provided the bullish pattern continues and buyers increase their momentum pressure in the market. The price target by the coin investors might be high at $1.800 upper high level and beyond, signaling the potential for significant gains amidst market fluctuations.
Key Levels:
Resistance Levels: $1.400, $1.500, $1.600
Support Levels: $0.800, $0.700, $0.600
Sui (USD) Long-term Trend: Bullish (4H Chart)
Amidst market fluctuations, the SUIUSD price targets the $1.800 high mark due to increasing bullish activity in the coin market in its higher time frame.
The price bars can be seen slightly above the EMA-50 as the bulls could not stop investing in the coin, so the general sentiment regarding the coin is bullish.
The bulls’ pressure on the cryptocurrency to the $1.602 resistance level in the previous action has made it possible for the coin price to target the overhead resistance and retain its upward growth.
After completing the dip-lows at $1.513 by sellers, an additional effort was added by the bulls and the Sui price jumped up to a $1.557 high mark above the EMA-50 as the 4-hourly chart opens today, suggesting a price target of $1.637 barrier as the coin investors responds to the change in market trend. Therefore, if the bulls should increase their tension in the market, the price tendency will move above the key levels.
Hence, the coin market is pointing upwards on the daily stochastic, indicating more buyers to move the price of SUIUSD up to a significant level at the upside and the next price target might hit the $1.800 supply trend mark, registering a buy signal for the coin traders as the coin price targets the upper high mark soon in its higher time frame.
Sui (USD) Medium-term Trend: Bullish (1H Chart)
The SUIUSD price targets the upper high level as it anticipates more increase in the medium term. The price currently trades above the moving averages, affirming its bullish trend.
The bulls’ action to a $1.648 high value in the last session has sustained the coin price above the moving average, making it possible for the price to target the overhead resistance in its recent high.
The market value of Sui at a $1.546 supply value above the moving averages, as the 1-hourly session opens today, affirms the presence of more buyers in the market while anticipating more increases.
This makes it possible for the coin to rise further. Trading above the moving averages will enable the market value of SUIUSD to keep pushing up.
In addition, with the daily stochastic pointing upwards, we can expect more bullish action if all the support holds in place. The price of SUIUSD might surge to hit the $1.800 barrier level soon as the crypto price targets the upper high level in its medium-term outlook.
Buy Sui on Longhornfx
Leave a Reply