Sui (SUIUSD) Price Will Keep Rising

Sui (SUIUSD) Price Forecast: October 1

Today, the Sui pair hints at increased confidence, and its price will keep rising amid rising patterns as the coin price stabilizes above the supply levels, indicating consistency among the crypto buyers. The coin price is increasing and heading towards the overhead resistance, providing a stronger foundation for further price increases. Hence, if a renewed surge in investors’ interest occurs, the crypto price might surge to reach the $1.797 previous barrier, which may extend further to the $1.800 upper resistance level, leading to a high potential recovery in the crypto market.

Key Levels:
Resistance Levels: $1.550, $1.650, $1.750
Support Levels: $0.600, $0.500, $0.400

SUI (USD) Long-term Trend: Bullish (Daily Chart)

SUIUSD price will keep rising as the trading session stabilizes above the $1.700 high mark above the supply levels. The price is heading towards the upper channel above the moving averages due to the high impact from buyers, suggesting a bullish momentum.

The high order flow from the bulls to the $1.693 high value in the last session has enabled the Sui price to keep rising above the resistance levels and remain steady upward in its recent high.

The SUIUSD market structure suggests the crypto price will keep rising as the bulls increase the price action to a $1.812 high level above the EMA-50 as the daily chart resumes today, resulting in intraday gains and fueling the release of more buy investors into the market.

However, the Sui price will keep rising if the coin investors can increase their buying momentum and surpass the $1.797 barrier level, potentially driving the coin prices toward the upper resistance level for stability.

Notably, the price signal is pointing upwards, indicating that the Sui price will keep rising; in this case, the SUIUSD price will keep increasing and could jump up to hit the $1.800 upper resistance mark sooner in its long-term outlook.

SUI (USD) Medium-term Trend: Bullish (4H Chart)

The SUIUSD pair is in a strong bullish trend, suggesting the price will keep rising as the market structure remains stable at the upside with a bullish sentiment in its medium-term outlook. The coin price is approaching the upper resistance level above the EMA-50, suggesting a high bullish trend.

The increased bullish pressure to the $1.656 supply level in the past few hours has enabled the Sui price to keep rising and remain stable at the upside in its recent high.

At the writing time, the Sui price action by the bulls to a $1.812 resistance level above the moving averages as the 4-hourly chart opens today, indicates that the coin price will keep rising as buying activities keep increasing.

Thus, if the long traders could break above the $1.812 current supply mark, the crypto price will keep rising and remain stable in total volume, attracting more investors to the crypto market.

Likewise, there is a possibility of more upsides and the Sui price will keep rising as indicated by the price signal, pointing upward. This may extend the coin price to a high at $1.800 upper resistance value soon in its medium-term outlook.

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