Rose

Resistance

<ul class="list-ic vertical"> 
 <li> <span>1</span> <a>SUI price prediction suggests this coin has gained momentum due to which new swing highs may be visible.</a> </li> 
 <li> <span>2</span> <a>Sui coin price rose 23% in the last two trading sessions and broke out of the $0.8000 hurdle.</a> </li> 
 <li> <span>3</span> <a>The sudden rise in the buying volume positively impacted the SUI coin.</a> </li> 
</ul> 
<p>SUI price prediction suggests the bulls have taken control and are likely to push the price toward new swing highs. It rose approximately 23% in the last two sessions and formed a bullish pattern.&nbsp;</p> 
<p>The sharp rise in Sui coin price is supported by a high trading volume which indicates the participation of the big players. Recently, it broke out of the $0.8000 hurdle which triggered the positive sentient. The sellers decided to step back because buyers had taken control of it.&nbsp;</p> 
<p>The 50-day EMA is sloping upward and marching higher to positively intersect the 200-day EMA. If the crossover happens, it might boost the confidence of the investors and may fuel a further rally.&nbsp;</p> 
<p>The chart pattern of the<a href="https://www.thecoinrepublic.com/2023/12/16/sui-price-forecast-will-it-maintain-its-momentum-or-crash/" target="_blank" rel="noreferrer noopener"> SUI crypto</a> is bullish on a daily and weekly time frame. The recent move looks powerful and reliable, so the price is likely to sustain the higher levels.&nbsp;</p> 
<p>However, the sudden move has pushed the price into overbought territory. So, the Sui coin may spend some time trading sideways before resuming the rally. Currently, the pair of SUI/USDT is trading at $0.8801 with an intraday rise of 7.78%.&nbsp;</p> 
<h2 class="wp-block-heading" id="strong-will-sui-price-achieve-1-mark-by-january-2024-end-strong"><strong>Will SUI Price Achieve $1 Mark by January 2024 End?</strong></h2> 
<div class="wp-block-image"> 
 <figure class="aligncenter">
  <img loading="lazy" decoding="async" width="1600" height="698" src="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-667.png" alt="SUI Price Prediction: Sui Rose 23%; Bulls Chasing the $1 Mark?" class="wp-image-185697" srcset="https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-667.png 1600w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-667-300x131.png 300w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-667-1024x447.png 1024w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-667-768x335.png 768w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-667-1536x670.png 1536w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-667-750x327.png 750w, https://www.thecoinrepublic.com/wp-content/uploads/2023/12/image-667-1140x497.png 1140w" sizes="(max-width: 1600px) 100vw, 1600px">
  <figcaption class="wp-element-caption">
   Source: <a href="https://www.tradingview.com/x/fXyLmpAn/">SUI/USDT </a>daily chart by Tradingview
  </figcaption>
 </figure>
</div> 
<p>SUI price prediction remains bullish for the coming few months till the price sustains above the $0.6000 level. The buyers are returning to the track and will try their best to achieve the $1.00 mark.&nbsp;</p> 
<p>At present, bulls are dominating and gained 23% in just two sessions. So, the buyers need to hold the gains and give the follow-up.&nbsp;</p> 
<p>The probability of reaching $1.00 is substantially high. Therefore, new participants may look to buy the <a href="https://www.thecoinrepublic.com/2023/12/16/sui-price-forecast-will-it-maintain-its-momentum-or-crash/" target="_blank" rel="noreferrer noopener">Sui coin</a> from current levels. Moreover, the existing investors must hold their longs to increase their profits.&nbsp;</p> 
<h3 class="wp-block-heading" id="strong-when-the-next-direction-move-might-be-visible-in-sui-coin-strong"><strong>When the Next Direction Move Might be Visible in Sui Coin?</strong></h3>  
<div class="tradingview-widget-container"> 
 <div class="tradingview-widget-container__widget"></div> 
 <div class="tradingview-widget-copyright">
  <a href="https://www.tradingview.com/" rel="noopener nofollow" target="_blank"><span class="blue-text">Track all markets on TradingView</span></a>
 </div> 
 <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-advanced-chart.js" async>
  {
  "width": "900",
  "height": "550",
  "symbol": "BINANCE:SUIUSDT",
  "interval": "D",
  "timezone": "Etc/UTC",
  "theme": "light",
  "style": "1",
  "locale": "en",
  "enable_publishing": true,
  "allow_symbol_change": true,
  "studies": [
    "STD;RSI",
    "STD;Supertrend"
  ],
  "support_host": "https://www.tradingview.com"
}
  </script> 
</div>  
<p>The Sui coin price has turned bullish on the weekly chart and formed a giant green candle. It shows the strength of the buyers. The next directional move will be visible when buyers are able to push the price above the $1.00 mark.&nbsp;</p> 
<p>However, it’s not going to be easy for the buyers to take control of the supply zone. Therefore, investors need to take a calculated risk and be prepared with the exit plan if Sui faces rejection.&nbsp;&nbsp;</p> 
<h4 class="wp-block-heading"><strong>Conclusion</strong></h4> 
<p>SUI price prediction is highly bullish for the coming few months and suggests new swing highs are possible. This coin’s price gained momentum and chased the $1.00 mark.&nbsp;</p> 
<p>The analysis suggests the probability of achieving the $1.00 mark is high as long as the Sui coin sustains above $0.6000 support.&nbsp;</p> 
<h5 class="wp-block-heading"><strong>Technical levels</strong></h5> 
<ul> 
 <li>Resistance levels: $0.9000 and $1.0003</li> 
 <li>Support levels: $0.7267 and $0.6000</li> 
</ul> 
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5> 
<p>The views and opinions stated by the author, or any people named in this article, are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.</p>

SUI Price Prediction: Sui Rose 23%; Bulls Chasing the $1 Mark?

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