Convergence

bullish

Story

Divergence

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  <h3 class="wp-block-heading the-subtitle" id="story-highlights">Story Highlights</h3>   
  <ul class="wp-block-list story-highlights-list">
    
   <li>The Sui token hit a new ATH of $4.47 during the early Asian trading hours today.</li>   
   <li>With increasing bullish sentiment in the technical indicators, the altcoin aims at a higher price target.</li>   
   <li>The sustained bullish rally could push the price toward an annual high of ~$5.50.</li> 
  </ul>   
  <p>The Sui price achieved a new ATH during the early Asian market, highlighting a strong optimistic outlook for this altcoin in the cryptocurrency market. Moreover, with a market capitalization of $12.27 billion, it has secured the 17th position.</p>   
  <p>With the increasingly bullish sentiment in the altcoin market, will the Sui price continue its upward trajectory and record a 10X surge from its August low of ~$0.50? Let’s find out the short-term price possibilities with this latest Sui price analysis!</p>   
  <h2 class="wp-block-heading" id="h-sui-crypto-records-a-new-ath">Sui Crypto Records A New ATH!</h2>   
  <p>With a strong positive breakout from its bullish flag pattern in the daily time frame, the Sui token has achieved a new all-time high of $4.47 with a trading volume of $4.58 billion, a change of +78.77%. This indicates increased bullish sentiment for the altcoin.</p>   
  <figure class="wp-block-image size-large">
   <img src="https://image.coinpedia.org/wp-content/uploads/2024/12/06163131/Sui-Price-Analysis-06th-December-2024-1024x539.webp" alt="Sui Crypto Records A New ATH!" class="wp-image-390061">
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    TradingView: SUI/USDT
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  <p>The Moving Average Convergence Divergence (MACD) displays a rising green histogram with its averages recording a bullish convergence in the daily time frame. This highlights an increase in the buying sentiment for this altcoin in the crypto market.</p>   
  <p>On the other hand, the SMA indicator constantly acts as a support to the SUI price chart. Reportedly, this indicates a strong bullish price outlook for the Sui token in the upcoming time.</p>   
  <h2 class="wp-block-heading" id="h-will-sui-price-hit-5">Will SUI Price Hit $5?</h2>   
  <p>Maintaining the price above its support level of $4 could set the stage for this altcoin to head toward its $4.75 mark. Moreover, if the bullish sentiment intensifies, this could push the price toward its higher price target of $5.5 this month.</p>   
  <p>However, if a bearish reversal occurs, the Sui crypto price may retest its support level of $4.00. Furthermore, if the bearish momentum intensifies, this could pull the price of this altcoin toward its lower support trendline of $3.250.</p>   
  <p>To find out answers to questions like “Will SUI reach $10? Read CoinPedia’s <a href="https://coinpedia.org/price-prediction/sui-price-prediction/" target="_blank" rel="noreferrer noopener">Sui Price Prediction</a>. Also, subscribe to stay updated on the latest crypto-related news!</p>   
  <h2 class="wp-block-heading" id="h-faqs">FAQs</h2>   
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   <div class="schema-faq-section" id="faq-question-1733482780995">
    <strong class="schema-faq-question"><strong>Is sui listed on Coinbase?</strong></strong> 
    <p class="schema-faq-answer">Yes, the Sui crypto token is available for buying, selling, and holding on the Coinbase cryptocurrency exchange.</p> 
   </div> 
   <div class="schema-faq-section" id="faq-question-1733482781837">
    <strong class="schema-faq-question"><strong>What is the price prediction for Sui Coin?</strong></strong> 
    <p class="schema-faq-answer">The Sui token could breach the $23 mark and hit a high of $23.77 by 2030.</p> 
   </div> 
   <div class="schema-faq-section" id="faq-question-1733482782619">
    <strong class="schema-faq-question"><strong>What is the sui price?</strong></strong> 
    <p class="schema-faq-answer">With a 24-hour trading volume of $4.553 billion, this altcoin is currently valued at $4.1886.</p> 
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Sui Price Hits New ATH, Is $5 Imminent This December?

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