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Cryptocurrency News Articles
SUI Price Prediction for May 2025 - Will the Token Hit $6?
May 13, 2025 at 10:41 pm
Sui (SUI) has been one of the few altcoins that have held their bullish structure and pumped continuously from major support levels.
Recently, there has been a buzz around Sui (SUI) as one of the few altcoins to maintain its bullish structure and pump persistently from major support levels.
Currently the sentiment around this token is bullish and analysts are predicting $6-$10 levels in the near future. But how true is this claim? Let’s find out in this SUI price prediction for May 2025.
Currently ranked at the 11th position with a market cap of $13.2 billion, Sui (SUI) has enjoyed a decent bull run so far with prices reaching $5.35, in January 2025.
Since then the token has seen a 26.6% drop in prices and is currently trading at $3.99, with price action turning bullish lately.
In this article, we’ll discuss the SUI coin price prediction by giving you its short and price forecasts, and specifically focus on the SUI price prediction for May 2025.
What is Sui?
SUI is an innovative layer-1 blockchain platform that provides a safe, strong, and expandable development environment to meet the demands of worldwide adoption.
Fundamentally, SUI uses the safe Move programming language and a new object-centric data model to solve the inefficiencies found in current blockchain designs.
In addition to having solid technical underpinnings, SUI puts the user experience first by removing obstacles that are frequently connected to blockchain interactions. SUI raises the bar for Web3 user experience by making sure apps are accessible and easy to use with features like programmable transaction blocks, sponsored transactions, and zkLogin.
Now let’s discuss SUI price prediction for May 2025 both from a technical point of view and also look into some fundamental factors that could affect the price as well.
Sui short-term price prediction
What can be a realistic projection for the SUI token? Let’s analyze this token for a short term outlook and then discuss SUI crypto price prediction for May 2025.
According to CoinCodex’s SUI price prediction for the near future, the token is predicted to rise by 228.92% and reach $13.13 by June 7, 2025. This price prediction in such a short time, is a big claim and for this to happen, big fundamental factors have to come into play for SUI as well as for Bitcoin.
Analysts on X believe SUI has broken out of an inverse head and shoulders and prices can now reach up to $4.65.
Some analysts are also calling for the 3rd wave in SUI which is an extended version of the popular Elliot waves theory.
While other analysts are of the opinion that SUI can retrace to $2.80 levels and then pump for higher targets.
SUI price factors for May 2025
Due in significant part to important fundamental events and general market momentum, SUI may be poised for a bullish rally in May 2025.
With SUI riding the wave of optimistic emotion, the cryptocurrency market is being stimulated by Bitcoin’s (BTC) recent breakout to new all-time highs. Such BTC-led rallies have historically spurred robust cryptocurrency performance, and as SUI is still in its bullish structure, a move toward the $6 mark seems more likely—especially if the present market conditions continue.
The announcement on May 8 of SUI’s integration into the Axelar Network is another significant boost. Cross-chain interoperability is made possible by this collaboration, enabling developers to release apps that connect to consumers on different blockchains.
This integration, which is further enhanced by features like institutional-grade security and zkLogin, significantly expands SUI’s value proposition. With SUI prices increasing by more than 20% and trading volume more than tripling, the market reacted swiftly, indicating high developer and investor trust in the ecosystem.
From a price action standpoint, SUV is displaying fresh bullish momentum after rising from its most recent local low of $3.30. The token is attempting to recover an important barrier at $4.00 and is presently trading close to $3.95.
On the daily chart, technical indicators like the RSI and MACD are becoming bullish, indicating rising purchasing pressure. A possible inverted head-and-shoulders breakout has been noted by analysts on social networking sites such as X, with some predicting short-term targets of $4.65 and above.
A rally toward $6 might be possible in May 2025 if SUI keeps its structure and breaks above the $4.20-$4.30 resistance zone with high volume.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Bitcoin (BTC) Price Acceleration Is Unfolding Alongside a Major Expansion in Stablecoin Liquidity
- May 14, 2025 at 06:05 am
- Bitcoin's recent price acceleration is unfolding alongside a major expansion in stablecoin liquidity, marked by a $6 billion rise in Tether's (USDT) market capitalization over the last 20 days.
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