Will SUI Price Prediction Above $3.70 Spark the Next Major Rally?

SUI Price Prediction: Bullish Breakout Ahead as Market Eyes $7 Target

SUI price prediction remains focused on the recent market rebound after months of consolidation. As of writing, it is trading around $2.5969, marking a strong recovery from the sharp decline earlier this month. The pair had been compressing within a descending triangle pattern bounded by a declining resistance line near $5.0 and an ascending support line from $1.8.

SUI Price Prediction and Technical Market Overview

Crypto analyst Kaleo (@CryptoKaleo) recently stated on X that stacking SUI below $3.00 could be rewarding, anticipating “Upvember” for bullish momentum. The chart structure supports this outlook as the asset rebounded from the $2.40–$2.65 accumulation zone after briefly touching $1.25.A confirmed breakout above $3.70 sent prices near $6.50, reflecting renewed buying activity and improved sentiment.

As of writing, the market is consolidating in the range of $5.30–$6.00, following a breakout rally. Resistance remains at $3.70, while a close above $6.00 could see further gains toward $7.00. Below $3.40, the bullish setup would be threatened, with possible retreats back close to $2.60.

https://x.com/CryptoKaleo/status/1983206249920442432 

SUI Price Prediction Based on Market Indicators

The current market capitalization of altcoin is around $9.45 billion, down 0.20% over the last 24 hours. The low volume of trading shows a period of short-term consolidation. The RSI is at 42.96, and the signal line is at 37.82. And there has been a partial recovery from oversold territory, showing weakened bearish pressure and a gradual return of strength.

SOURCE: TradingView

MACD line −623.72M has moved above the signal line, −734.13M, with a positive histogram at 110.41M, which can be considered the beginning of a probable upward change. Yet, given that the lines are still below zero, the general trend in the market does not have a strong impetus. Key resistance levels lie between $9.8B–$10B, while firm support is found near $9B. A breakout beyond resistance could target $10.8B–$11.2B, signaling the next recovery stage.

Although volume is limited, these indicators signal the start of a bullish recovery. The technical setup indicates that stability above $3.70 and a break above $6.00 could continue the positive trend and confirm the current price predictions of a gradual upside movement.

Expanding Ecosystem Strengthens Long-Term SUI Price Prediction

Beyond price action, altcoin ecosystem is evolving rapidly. The network introduced suiUSDe and USDi, two native stable assets designed for on-chain liquidity and DeFi growth. Unlike blockchains relying on Ethereum-issued stablecoins, its approach centers on performance and scalability.

suiUSDe, modeled after Ethena’s USDe, provides a synthetic dollar backed by digital assets and short futures. USDi is fully collateralized through the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), offering a 1:1 dollar peg with treasury-backed security. This dual system merges yield generation with low-risk stability.

In August 2025, it recorded over $229 billion in stablecoin transfers, demonstrating robust infrastructure capacity. As stablecoins continue to dominate global financial flows, surpassing Visa and Mastercard transaction volumes in 2024, Sui’s emphasis on native liquidity reinforces its position as a financial hub for decentralized finance.

The introduction of these assets and strengthening fundamentals support a constructive the price prediction. Sustained momentum above key technical levels, combined with ecosystem expansion, suggests a gradually improving outlook for investors monitoring altcoin next phase of market growth.