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<p><a href="https://captainaltcoin.com/sui-pattern-signal-imminent-price-surge-expert-predicts-rally-to-5-7/" target="_blank" rel="noopener noreferrer nofollow">The SUI price </a>has seen a decent market performance over the past day. This token’s price went up by 6.38%, and its trading volume also increased by 17.50%, which means people are buying it. At press time, it is trading at $1.16.</p>
<p>Crypto analyst “CryptoJobs3″ made a bold SUI price forecast on X (formerly Twitter). The trader indicated that SUI could reach $1.50 due to a catalyst: Circle’s announcement of native USDC on the SUI blockchain. This prediction aligns with SUI’s strong breakout from several key technical patterns observed on its charts.</p>
<h2 class="wp-block-heading" id="sui-chart-analysis-bullish-breakout-from-a-key-pattern">SUI Chart Analysis: Bullish Breakout from a Key Pattern</h2>
<p>According to a 4-hour chart on September 12 that<a href="https://x.com/CryptoJobs3/status/1835978003987280072" target="_blank" rel="noopener noreferrer nofollow"> the analyst posted</a>, SUI’s price has broken out from a descending broadening wedge pattern, signaling a bullish trend reversal.&nbsp;</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="461" src="https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-1024x461.png" alt="" class="wp-image-555753" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-1024x461.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-300x135.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-768x346.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-1536x692.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-2048x923.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-333x150.png 333w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-777x350.png 777w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-277-788x355.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-277.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p class="has-text-align-center">Image Source: X/CryptoJobs</p>
<p>The wedge breakout has propelled SUI upward, clearing the $1.0315 resistance level, which was a significant hurdle for the token. This breakout is backed by strong volume, further reinforcing the ongoing bullish momentum.</p>
<p>Looking at the daily chart, the next target is set at $1.17, with additional upside potential toward $1.3180. If SUI maintains its upward trajectory, it could eventually approach the trader’s projected target of $1,500.&nbsp;</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="461" src="https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-1024x461.png" alt="" class="wp-image-555761" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-1024x461.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-300x135.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-768x346.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-1536x692.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-2048x923.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-333x150.png 333w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-777x350.png 777w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-278-788x355.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-278.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p class="has-text-align-center">Image source: X/CryptoJobs</p>
<p>Moreover, this upward movement is supported by a steady volume increase and strong market sentiment, likely fueled by the recent fundamental developments surrounding USDC.</p>
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<h2 class="wp-block-heading" id="short-term-resistance-and-support-levels">Short-Term Resistance and Support Levels</h2>
<p>The shorter 4-hour chart shows a similar story, with <a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="noopener noreferrer nofollow">SUI’s price</a> breaking from a falling wedge pattern. The immediate resistance at $1.0315 has been tested and breached, and the price now aims for the $1.1635 level.&nbsp;</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="461" src="https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-1024x461.png" alt="" class="wp-image-555769" srcset="https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-1024x461.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-300x135.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-768x346.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-1536x692.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-2048x923.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-333x150.png 333w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-777x350.png 777w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-279-788x355.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/09/image-279.png 1600w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p class="has-text-align-center">Image Source: X/CryptoJobs</p>
<p>However, there could be brief pullbacks or consolidations, as seen in previous price action, which may allow buyers to re-enter the market before the next upward leg.</p>
<p>The support levels around $0.9769 and $0.9577 are visible on the 4-hour chart. If SUI faces short-term selling pressure, these areas could act as safety nets, preventing further declines and facilitating accumulation before the next bullish rally.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/heres-why-kaspas-launch-of-krc-20-tokens-was-a-big-success-insane-numbers-says-one-kas-holder/" target="_blank" rel="noopener noreferrer nofollow">Here’s Why Kaspa’s Launch of KRC-20 Tokens Was a Big Success – ‘Insane Numbers’ Says One KAS Holder</a></em></strong></p>
<h2 class="wp-block-heading" id="sui-price-prediction-at-1-5">SUI Price Prediction at $1.5</h2>
<p>A speculative price retracement is anticipated based on the charts. The projection suggests that the SUI price could temporarily dip to $0.9577 before bouncing back to resume its climb. Such retracements are considered healthy in an uptrend, allowing traders to strengthen their positions.</p>
<p>Finally, after this potential pullback, SUI is expected to continue climbing, with the next major resistance at $1.3180. If this level is surpassed, the token could approach the much talked about $1.500 mark, a price target CryptoJobs echoed in his tweet.</p>
<p><em><strong>Follow us on <a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>, <a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap </a>and <a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a> for more daily crypto updates.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/this-crypto-trader-makes-a-bold-sui-price-prediction-is-1-5-next/" rel="noopener noreferrer nofollow">This Crypto Trader Makes a Bold SUI Price Prediction – Is $1.5 Next?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

This Crypto Trader Makes a Bold SUI Price Prediction – Is $1.5 Next?

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