- SUI price stabilized at $2.25, with potential for future growth based on past patterns.
- The market cap of SUI stands at $7.23 billion, with a 1.55% increase in the last 24 hours.
- SUI’s price chart shows key support levels, suggesting upward potential towards a $41 target.
As the market continues its recovery action, SUI has recorded varied up-and-down movements. It is notable that the SUI price trajectory started from a significant low below $1 in early 2024. By mid-2024, the price reached a higher point, near $4. A notable downward correction occurred after that, but the price stabilized around $2.25 as of early 2025.
Price Pattern and Potential for Upside Move
According to a market observation by CryptoElites, it can be noted that the SUI price chart shows the formation of a cup-like structure, a potential signal for future growth. The price has repeatedly tested and bounced off the $2.25 support level.
This pattern may point toward an upward price movement in the coming months. The price sits near this support zone, indicating it could act as a base for a potential rally. The upward trend could bring the price to a target of $41, as indicated in the chart.
This forecast is based on a continuing pattern, with resistance levels at around $4 during 2024. The current position of the price in relation to the past lows and highs suggests the possibility of another upward leg, which could extend toward the $40 range in the medium term.
SUI Current Market Insights
Tracking the current Market movement, CoinMarketCap data indicates that the current price reads at $2.28, up 1.26% in 24 hours. The market cap stands at $7.23 billion, reflecting a 1.55% increase. The 24-hour trading volume is $460.6 million, down 29.75%. The fully diluted valuation (FDV) is $22.8 billion, and the circulating supply is 3.16 billion SUI.
The price chart shows fluctuations over the past day, with the price reaching as high as $2.29. The volume-to-market cap ratio is 6.37%, indicating moderate trading activity. This market data reflects the ongoing price movements of SUI in the crypto market. The price movements indicate that the market is testing crucial support zones with the potential for further upward momentum.
