SUI Cryptocurrency Sees 2.9% Gain Despite Bearish Signals

SUI, a prominent cryptocurrency, has garnered significant attention in 2025 due to its impressive price performance and growing adoption. The cryptocurrency briefly crossed the $5 mark at the beginning of the year, but experienced a substantial drop of over 65% as selling pressure intensified. Despite this decline, buyers quickly stepped in, helping the price recover and regain momentum.

Currently, SUI is trading at $3.07, reflecting a 2.9% increase in the last 24 hours. Technical indicators present a mixed outlook, with most moving averages showing bearish signals. The Relative Strength Index (RSI) stands at around 41, suggesting that momentum has cooled, while the MACD also points to a slowdown. If SUI manages to hold above $3.10, it could climb to $3.50 this week. A rise above $3.50 may trigger a more significant rally; however, if it drops below $3.00, further selling could ensue.

Looking ahead to the end of June, SUI is expected to break past its resistance levels as buying pressure rises. The outlook for June remains bullish, with SUI likely to end the month between $3.80 and $4.00. Analysts predict that SUI is poised to become a major player in the next bull run, currently ranking 8th in total value locked (TVL) across all blockchains. A significant portion of this momentum comes from Suilend, Sui’s leading lending platform, which recently saw its TVL surge by 90% to $700 million in just one month. Additionally, over 10% of SUI’s TVL is now in Bitcoin-related assets, drawing in new users and liquidity. Institutional interest in SUI is also on the rise, with several firms filing for SUI ETFs. These factors suggest that a new all-time high for SUI may not be far off.

SUI is also outperforming Solana, and this trend is expected to continue over the next 12 to 24 months. If Sui maintains its current uptrend, it could trade between $5 and $8 in 2026. According to analysts' forecasts, the price outlook for SUI from 2025 to 2030 is bullish. It is expected to reach an average price of $3.80 in 2025 and could climb as high as $5.20. By 2030, SUI could even reach $11 if demand and adoption continue to rise.

However, the short-term price prediction for SUI is bearish, with analysts forecasting a drop to $2.29 by July 16, 2025, representing a 25.50% decrease from its current price. This bearish sentiment is supported by technical indicators such as the 50-day and 200-day simple moving averages, which are currently at $3.55 and $2.81, respectively. The 14-day relative strength index (RSI) is at 41.98, indicating a neutral market sentiment.

Looking further ahead, the price prediction for SUI in 2026 is more bullish, with analysts forecasting an average price of $5.04 and a potential high of $8.51. This represents a significant increase from its current price and suggests that SUI could be a good investment opportunity for those with a longer-term horizon. However, it is important to note that these predictions are based on historical price data and market trends, and actual price movements may vary.

In conclusion, while there is potential for SUI to reach $10 in the future, the short-term outlook is bearish, and investors should be prepared for price volatility. It is important to conduct thorough research and consider both technical and fundamental factors before making any investment decisions.