2024

SushiSwap

Resistance

Status

<ul class="wp-block-list">
 <li><strong>Bullish SUSHI price prediction for 2024 is $2.840 to $5.054.</strong></li>
 <li><strong>SushiSwap (SUSHI) price might reach $10 soon.</strong></li>
 <li><strong>Bearish SUSHIB price prediction for 2024 is $0.772.</strong></li>
</ul>
<p>In this SushiSwap (SUSHI) <a href="https://thenewscrypto.com/markets/price-prediction/" target="_blank" rel="noopener noreferrer nofollow">price prediction</a> 2024, 2025-2030,&nbsp; we will analyze the price patterns of SUSHI by using accurate trader-friendly technical analysis indicators and predict the future movement of the <a href="https://thenewscrypto.com/tag/cryptocurrency/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency</a>.</p>
<figure class="wp-block-table aligncenter">
 <table>
  <tbody>
   <tr>
    <td><strong>
      <div align="center">
       TABLE OF CONTENTS
      </div></strong></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      INTRODUCTION
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>SushiSwap (SUSHI) Current Market Status</li>
      <li>What is SushiSwap (SUSHI)?</li>
      <li>SushiSwap (SUSHI) 24H Technicals</li>
     </ul></td>
   </tr>
   <tr>
    <td>
     <div align="center">
      SushiSwap (SUSHI) PRICE PREDICTION 2024
     </div></td>
   </tr>
   <tr>
    <td>
     <ul>
      <li>MSushiSwap (SUSHI) Support and Resistance Levels</li>
      <li>SushiSwap (SUSHI) Price Prediction 2024 — RVOL, MA, and RSI</li>
      <li>MSushiSwap (SUSHI) Price Prediction 2024 — ADX, RVI</li>
      <li>Comparison of OMSUSHI with BTC, ETH</li>
     </ul></td>
   </tr>
   <tr>
    <td>SushiSwap (SUSHI) PRICE PREDICTION 2025, 2026-2030</td>
   </tr>
   <tr>
    <td>CONCLUSION</td>
   </tr>
   <tr>
    <td>FAQ</td>
   </tr>
  </tbody>
 </table>
</figure>
<h2 class="wp-block-heading" id="h-sushiswap-sushi-current-market-status">SushiSwap (SUSHI) Current Market Status</h2>
<figure class="wp-block-table is-style-regular">
 <table>
  <tbody style="box-shadow: 0px 2px 4px rgb(3 4 28 / 50%);">
   <tr style="background-color: rgb(2 86 121 / 40%);">
    <td style="border: 1px solid #01557b;">Current Price</td>
    <td style="border: 1px solid #01557b;">$2.19</td>
   </tr>
   <tr>
    <td style="border: 1px solid #01557b;">24 – Hour Price Change</td>
    <td style="border: 1px solid #01557b;">11.12% Down</td>
   </tr>
   <tr style="background-color: rgb(2 86 121 / 40%);">
    <td style="border: 1px solid #01557b;">24 – Hour Trading Volume</td>
    <td style="border: 1px solid #01557b;">$614.82M</td>
   </tr>
   <tr>
    <td style="border: 1px solid #01557b;">Market Cap</td>
    <td style="border: 1px solid #01557b;">$574.24M</td>
   </tr>
   <tr style="background-color: rgb(2 86 121 / 40%);">
    <td style="border: 1px solid #01557b;">Circulating Supply</td>
    <td style="border: 1px solid #01557b;">262.58M SUSHI</td>
   </tr>
   <tr>
    <td style="border: 1px solid #01557b;">All – Time High</td>
    <td style="border: 1px solid #01557b;">$23.38 (On Mar 14, 2021) &nbsp;</td>
   </tr>
   <tr style="background-color: rgb(2 86 121 / 40%);">
    <td style="border: 1px solid #01557b;">All – Time Low</td>
    <td style="border: 1px solid #01557b;">$0.4533 (On Aug 05, 2024) &nbsp;</td>
   </tr>
  </tbody>
 </table> <em>
  <figcaption class="wp-element-caption" style="text-align: center;">
   SUSHI Current Market Status (Source: <a href="https://coinmarketcap.com/currencies/sushiswap/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>)
  </figcaption></em>
</figure>
<h2 class="wp-block-heading" id="what-is-sushiswap-sushi">What is SushiSwap (SUSHI)</h2>
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>TICKER</strong></td>
    <td>SUSHI</td>
   </tr>
   <tr>
    <td><strong>BLOCKCHAIN</strong></td>
    <td>Ethereum</td>
   </tr>
   <tr>
    <td><strong>CATEGORY</strong></td>
    <td>ERC-20</td>
   </tr>
   <tr>
    <td><strong>LAUNCHED ON</strong></td>
    <td>August 2020</td>
   </tr>
   <tr>
    <td><strong>UTILITIES</strong></td>
    <td>Liquidity Provision, Staking (xSUSHI), Governance</td>
   </tr>
  </tbody>
 </table>
</figure>
<p><a href="https://thenewscrypto.com/orbs-integrates-advanced-dlimit-and-dca-protocols-into-sushi-dex/" target="_blank" rel="noopener noreferrer nofollow">SushiSwap</a> is a decentralized exchange (DEX) built on <a href="https://thenewscrypto.com/ethereum-tvl-surges-by-7-79b-as-network-activity-signals-strong-institutional-confidence/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> that allows users to trade cryptocurrencies directly from their wallets without relying on intermediaries. It operates as an automated market maker (AMM), using liquidity pools to facilitate trades instead of traditional order books. SushiSwap is designed to be a community-driven platform where users can provide liquidity, earn rewards, and participate in governance using its native token, SUSHI.&nbsp;</p>
<p>In addition to token trading, it offers features like yield farming, staking through xSUSHI, and advanced tools like BentoBox and Kashi for lending, borrowing, and margin trading. With multi-chain support, SushiSwap extends its services to blockchains like Binance Smart Chain, Polygon, and Avalanche, aiming to deliver a seamless and decentralized finance experience.</p>
<p>Recently, Sushi decentralized autonomous organization (DAO) issued a proposal that offers a shift from the protocol’s initial treasury holding in SUSHI to accommodate other assets.</p>
<h2 class="wp-block-heading" id="h-sushi-24h-technicals">SUSHI 24H Technicals</h2>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="343" src="https://thenewscrypto.com/wp-content/uploads/2024/12/image-26-1024x343.png" alt="" class="wp-image-117405" srcset="https://thenewscrypto.com/wp-content/uploads/2024/12/image-26-1024x343.png 1024w, https://thenewscrypto.com/wp-content/uploads/2024/12/image-26-300x101.png 300w, https://thenewscrypto.com/wp-content/uploads/2024/12/image-26-768x257.png 768w, https://thenewscrypto.com/wp-content/uploads/2024/12/image-26-1536x515.png 1536w, https://thenewscrypto.com/wp-content/uploads/2024/12/image-26.png 1552w" sizes="auto, (max-width: 1024px) 100vw, 1024px">
  <figcaption class="wp-element-caption"><em>(Source: <a href="https://in.tradingview.com/symbols/SUSHIUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>)</em>
  </figcaption>
 </figure>
</div>
<h2 class="wp-block-heading" id="sushiswap-sushi-price-prediction-2024">SushiSwap (SUSHI) Price Prediction 2024</h2>
<p>SushiSwap (SUSHI) ranks 146th on CoinMarketCap in terms of its market capitalization. The SUSHI price prediction for 2024 is explained below with a daily time frame.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/p5HWiADT/" alt="">
  <figcaption class="wp-element-caption"><em>SUSHI/USDT Horizontal Channel Pattern (Source: </em><a href="https://in.tradingview.com/symbols/SUSHIUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div>
<p>In the above chart, SushiSwap (SUSHI) laid out a Horizontal Channel also known as the sideways trend. In general, the horizontal channel is formed during the price consolidation. In this pattern, the upper trendline, the line that connects the highs, and the lower trendline, the line that connects the lows, run horizontally parallel and the price action is contained within it.&nbsp;</p>
<p>A horizontal channel is often regarded as one of the suitable patterns for timing the market as the buying and selling points are in consolidation.</p>
<p>At the time of analysis, the price of SushiSwap (SUSHI) was recorded at $2.03. If the pattern trend continues, then the price of SUSHI might reach the resistance levels of $2.751, $15.853 and $6.6629. If the trend reverses, then the price of HBAR may fall to the support levels of $1.162 and $0.468.</p>
<h2 class="wp-block-heading" id="sushiswap-sushi-resistance-and-support-levels">SushiSwap (SUSHI) Resistance and Support Levels</h2>
<p>The chart below elucidates SUSHI’s possible resistance and support levels SushiSwap (SUSHI) in 2024.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/R6udnMvx/" alt="">
  <figcaption class="wp-element-caption"><em>SUSHI/USDT Resistance and Support Levels (Source: </em><a href="https://in.tradingview.com/symbols/SUSHIUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div>
<p>From the above chart, we can analyze and identify the following as resistance and support levels of SushiSwap (SUSHI) for 2024.</p>
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td>Resistance Level 1</td>
    <td>$2.840</td>
   </tr>
   <tr>
    <td>Resistance Level 2</td>
    <td>$5.054</td>
   </tr>
   <tr>
    <td>Support Level 1</td>
    <td>$1.496</td>
   </tr>
   <tr>
    <td>Support Level 2</td>
    <td>$0.772</td>
   </tr>
  </tbody>
 </table>
</figure>
<p><em>SUSHI Resistance &amp; Support Levels</em></p>
<h2 class="wp-block-heading" id="sushiswap-sushi-price-prediction-2024-rvol-ma-and-rsi">SushiSwap (SUSHI) Price Prediction 2024 — RVOL, MA, and RSI</h2>
<p>The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of SushiSwap (SUSHI) are shown in the chart below.</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/hX65YJwj/" alt="">
  <figcaption class="wp-element-caption"><em>SUSHI/USDT RVOL, MA, RSI (Source: </em><a href="https://in.tradingview.com/symbols/SUSHIUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div>
<p>From the readings on the chart above, we can make the following inferences regarding the current SushiSwap (SUSHI) market in 2024.</p>
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>50-Day Moving Average (50MA)</td>
    <td>Nature of the current trend by comparing the average price over 50 days</td>
    <td>50 MA = $0.999<br>Price = $2.052<br><em>(50MA &lt; Price)</em></td>
    <td>Bullish/Uptrend</td>
   </tr>
   <tr>
    <td>Relative Strength Index (RSI)</td>
    <td>Magnitude of price change;Analyzing oversold &amp; overbought conditions</td>
    <td>65.156<br><em>&lt;30 = Oversold<br>50-70 = Neutral</em><br><em>&gt;70 = Overbought</em></td>
    <td>Neutral&nbsp;</td>
   </tr>
   <tr>
    <td>Relative Volume (RVOL)</td>
    <td>Asset’s trading volume in relation to its recent average volumes</td>
    <td>Below cutoff line</td>
    <td>Weak volume</td>
   </tr>
  </tbody>
 </table>
</figure>
<h2 class="wp-block-heading" id="sushiswap-sushi-price-prediction-2024-adx-rvi">SushiSwap (SUSHI) Price Prediction 2024 — ADX, RVI</h2>
<p>In the below chart, we analyze the strength and volatility of SushiSwap (SUSHI) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI).</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/z6epSHi3/" alt="">
  <figcaption class="wp-element-caption"><em>SUSHI/USDT ADX, RVI (Source: </em><a href="https://in.tradingview.com/symbols/SUSHIUSDT/?exchange=BINANCE" target="_blank" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div>
<p>From the readings on the chart above, we can make the following inferences regarding the price momentum of SushiSwap (SUSHI).</p>
<figure class="wp-block-table">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>INDICATOR</strong></td>
    <td><strong>PURPOSE</strong></td>
    <td><strong>READING</strong></td>
    <td><strong>INFERENCE</strong></td>
   </tr>
   <tr>
    <td>Average Directional Index (ADX)</td>
    <td>Strength of the trend momentum</td>
    <td>73.622</td>
    <td>Very Strong Trend</td>
   </tr>
   <tr>
    <td>Relative Volatility Index (RVI)</td>
    <td>Volatility over a specific period</td>
    <td>46.15<br><em>&lt;50 = Low</em><em><br></em><em>&gt;50 = High</em></td>
    <td>Low volatility</td>
   </tr>
  </tbody>
 </table>
</figure>
<h2 class="wp-block-heading" id="comparison-of-sushi-with-btc-eth">Comparison of SUSHI with BTC, ETH</h2>
<p>Let us now compare the price movements of SushiSwap (SUSHI) with that of Bitcoin (BTC), and Ethereum (ETH).</p>
<div class="wp-block-image">
 <figure class="aligncenter size-large"><img decoding="async" src="https://www.tradingview.com/x/fQtbytI4/" alt="">
  <figcaption class="wp-element-caption"><em>BTC Vs ETH Vs SUSHI Price Comparison (Source: </em><a href="https://in.tradingview.com/symbols/SUSHIUSDT/?exchange=BINANCE" rel="noopener noreferrer nofollow"><em>TradingView</em></a><em>)</em>
  </figcaption>
 </figure>
</div>
<p>From the above chart, we can interpret that the price action of SUSHI is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of SUSHI also increases or decreases respectively.</p>
<h2 class="wp-block-heading" id="sushiswap-sushi-price-prediction-2025-2026-2030">SushiSwap (SUSHI) Price Prediction 2025, 2026 – 2030</h2>
<p>With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of SushiSwap (SUSHI) between 2025, 2026, 2027, 2028, 2029, and 2030.</p>
<figure class="wp-block-table is-style-stripes">
 <table class="has-fixed-layout">
  <tbody>
   <tr>
    <td><strong>Year&nbsp;</strong></td>
    <td><strong>Bullish Price&nbsp;</strong></td>
    <td><strong>Bearish Price</strong></td>
   </tr>
   <tr>
    <td>SushiSwap (SUSHI) Price Prediction 2025</td>
    <td>$5.13</td>
    <td>$0.23</td>
   </tr>
   <tr>
    <td>SushiSwap (SUSHI) Price Prediction 2026</td>
    <td>$7.56</td>
    <td>$0.28</td>
   </tr>
   <tr>
    <td>SushiSwap (SUSHI) Price Prediction 2027</td>
    <td>$10.62</td>
    <td>$0.35</td>
   </tr>
   <tr>
    <td>SushiSwap (SUSHI) Price Prediction 2028</td>
    <td>$12.23</td>
    <td>$0.40</td>
   </tr>
   <tr>
    <td>SushiSwap (SUSHI) Price Prediction 2029</td>
    <td>$15.98</td>
    <td>$0.47</td>
   </tr>
   <tr>
    <td>SushiSwap (SUSHI) Price Prediction 2030</td>
    <td>$20</td>
    <td>$0.5</td>
   </tr>
  </tbody>
 </table>
</figure>
<h2 class="wp-block-heading" id="conclusion">Conclusion</h2>
<p>If SushiSwap (SUSHI) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish SushiSwap (SUSHI) price prediction for 2024 is $5.054. Comparatively, if unfavorable sentiment is triggered, the bearish SushiSwap (SUSHI) price prediction for 2024 is $0.772.&nbsp;</p>
<p>If the market momentum and investors’ sentiment positively elevate, then SushiSwap (SUSHI) might hit $10. Furthermore, with future upgrades and advancements in the SUSHI ecosystem, SUSHI might surpass its current all-time high (ATH) of $23.38. and mark its new ATH.&nbsp;</p>
<h2 class="wp-block-heading" id="faq">FAQ</h2>
<h4 class="wp-block-heading">1. What is SushiSwap (SUSHI)?</h4>
<p>Sushi (SUSHI) is the governance and utility token of SushiSwap, a decentralized exchange (DEX) that facilitates cryptocurrency trading, staking, and yield farming.</p>
<h4 class="wp-block-heading">2. Where can you purchase SushiSwap (SUSHI)?</h4>
<p>SushiSwap (SUSHI) has been listed on many crypto exchanges which include Binance, Huobi Global and OKEx.</p>
<h4 class="wp-block-heading">3. Will SushiSwap (SUSHI) reach a new ATH soon?</h4>
<p>With the ongoing developments and upgrades within the SUSHI Platform, SUSHI has a high possibility of reaching its ATH soon.</p>
<p>4. What is the current all-time high (ATH) of SushiSwap (SUSHI)?</p>
<p>On Mar 14, 2021, SushiSwap (SUSHI) reached its new all-time high (ATH) of $23.38.</p>
<h4 class="wp-block-heading">5. What is the lowest price of SushiSwap (SUSHI)?</h4>
<p>According to CoinMarketCap, SUSHI hit its all-time low (ATL) of $0.4533, On Aug 05, 2024.</p>
<h4 class="wp-block-heading">6. Will SushiSwap (SUSHI) reach $5?</h4>
<p>If SushiSwap (SUSHI) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon.</p>
<h4 class="wp-block-heading">7. What will be SushiSwap (SUSHI) price by 2025?</h4>
<p>SushiSwap (SUSHI) price is expected to reach $5.31 by 2025.</p>
<h4 class="wp-block-heading">8. What will be SushiSwap (SUSHI) price by 2026?</h4>
<p>SushiSwap (SUSHI) price is expected to reach $7.21 by 2026.</p>
<h4 class="wp-block-heading">9. What will be SushiSwap (SUSHI) price by 2027?</h4>
<p>SushiSwap (SUSHI) price is expected to reach $10.6 by 2027.</p>
<h4 class="wp-block-heading">10. What will be SushiSwap (SUSHI) price by 2028?</h4>
<p>SushiSwap (SUSHI) price is expected to reach $12.32 by 2028.&nbsp;&nbsp;</p>
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<p class="has-medium-font-size"><strong><em>Disclaimer: </em></strong><em>The opinion expressed in this article is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.</em></p>

SushiSwap (SUSHI) Price Prediction 2024, 2025, 2026-2030

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