Today marks the first day of 2026, and the crypto market is showing a slightly slow tone. Talking about the Sui price prediction for 2026 becomes interesting at this point as the broader market sentiment looks mixed. According to CoinMarketCap data, coin is currently trading around $1.39, down nearly 3 percent from the previous session.
The overall crypto market cap is now below 3 trillion dollars, which clearly suggests that fresh capital inflow is limited. Bitcoin and Ethereum remain stuck in their consolidation zones, and trading volume across the market also appears weak. In such an environment, the real question is whether this coin can build momentum from here or if more downside pressure is still ahead.
The latest ETF-related news surrounding SUI is one significant update affecting SUI price forecasting. Bitwise has filed for this ETF in the United States, placing the coin among other altcoins now entering the ETF race. This does not mean an immediate approval, but it does point toward growing institutional attention.
Source: X@SuiFi_Network
In simple terms, ETF filings help improve long-term market perception rather than drive quick price jumps. This could slowly add credibility and visibility over time. However, the real impact will still depend on approval timelines, overall liquidity, and broader market conditions. For now, it strengthens the long-term outlook more than short-term price action.
According to an analyst, SUI is shaping up as one of the stronger ecosystems in the crypto space. The network now holds close to $1 billion in TVL, with more applications going live and projects like Walrus continuing to grow inside the ecosystem.
Source: X@CryptoMichNL
The analyst also points out that coin has gained wider access through listings on platforms like Robinhood, while Coinbase users in New York can already buy the asset. This steady fundamental growth suggests a gap between current price levels and underlying value. If the market turns upward, capital often moves back into ecosystems that have been building quietly, and this coin could be one of them.
On analyzing the 4 hour chart, coin has been moving inside a descending channel for the last few weeks. Price is clearly stuck in a range. Whenever it tries to move up, sellers push it back. And when the price drops near the lower side, buyers step in and hold it.
Chart Source: TradingView
Right now, the price is sitting close to a support zone around $1.30 to $1.25. This level has worked before, so price may react from here again. If price breaks the channel with good volume, upside targets could open near $1.70 and then $1.90 if the price holds. Bollinger Bands are tight, which usually means a move is coming. Volume is still low, and RSI is not fully supported yet. If this support fails, the price can slide further, even toward $1.00.
On the weekly chart, coin price is sitting on a long-term rising trendline. This level has held price before, and again price is reacting near the same zone. As long as price stays above this support, the structure is still alive.
Chart Source: Tradingview
If market sentiment improves and price starts moving up from here, move can slowly head toward $2.50 first. Above that, zones near $3.70 and $4.40 come into view. In a strong bullish phase, even $5.30 is possible over time. But if this trendline fails and price breaks below support, the whole setup weakens. In that case, price can slide lower, with downside risk toward $1.00 or below.
Analysts on Sui Price Prediction see this coin as a project that is still being built. It is not a fully mature asset yet. Price movement in the short term looks slow and mostly range-bound. Still, the broader structure is holding. Experts often point to ecosystem growth, some institutional interest, and better exchange access as positives. At the same time, they say price will depend a lot on market mood and liquidity. Without volume, upside may stay slow.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Crypto investments involve risk; always do your own research
Rahul Rathore brings over 3 years of hands-on experience in technical analysis, specializing in crypto, stocks, and market trend forecasting. With a deep understanding of chart patterns, indicators, and market psychology, Rahul delivers precise, actionable insights that help traders and investors make informed decisions. His analytical approach combines technical expertise with real-world market understanding, making his content reliable and highly valued by both novice and experienced traders.