Can SUI Hit $10 in January 2025?

1 month ago 32

The cryptocurrency marketplace was painted red. A fig of assets were seen bleeding making it an uneventful commencement to the week. SUI was besides portion of this and witnessed a overmuch bigger downfall. Despite this, the assemblage is definite that the plus volition grounds a caller all-time precocious sooner than later. This is mostly due to the fact that of SUI’s emergence earlier this month, wherever it deed a caller peak. The existent question is if the cryptocurrency volition extremity the archetypal period of the twelvemonth connected a bully note.

Also Read: XRP connected Edge: SEC Appeal Looms arsenic Ripple Countdown Hits Critical Stage

SUI Slips By Over 7%

Source: Asia Crypto Today

Over the past 24 hours, the altcoin recorded a 7.36% drop. At the clip of writing, SUI was trading astatine $4.49. The asset’s play nonaccomplishment stands astatine 13%. Amidst this, the cryptocurrency’s trading measurement was connected the rise. Throughout the past day, the asset’s measurement surged by 51%, bringing the last worth to $1.33 billion.

suiSource: CoinMarketCap

It is worthy noting that SUI deed an all-time precocious of $5.35 conscionable past week. After the market’s caller carnage, the plus dropped 15.56% beneath this peak. Despite this, the assemblage was rather optimistic astir the altcoin’s upcoming rise.

According to CoinMarketCap’s Community Sentiment, astir 85% of 111.4K individuals judge that SUI is expected to grounds a emergence implicit the adjacent mates of days. A dainty 15% were connected the bearish broadside of the spectrum.

Source: CoinMarketCap

Also Read: Top 3 Cryptocurrencies To Buy During The Current Market Dip

January Price Prediction

Source: CoinCodex

According to information from CoinCodex, SUI volition so grounds caller peaks implicit the adjacent mates of days. The steadfast revealed that the plus is expected to commercialized astatine a maximum terms of $15.71, marking a 250% emergence from its existent terms level. This milestone is overmuch higher than the $10 mark. The mean trading terms of SUI during this period sits astatine $9.37. The adjacent fewer days of the period could crook retired to beryllium highly bullish for SUI holders.

Also Read: Bitcoin Bull Pennant: Analyst Predicts $140,000 Target After Breakout

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