Sui (SUI) Price Prediction 2022: Will SUI Crypto Price Beat All Odds and Record a New ATH This Uptober?

With Bitcoin price reclaiming the $63k mark, the cryptocurrency market has recorded a strong bullish recovery over the past day.

Bitcoin price has shown a strong bullish recovery in the past day, input: a positive trend that has also impacted the broader cryptocurrency market.

In particular, the Sui coin price has regained traction and is currently close to reclaiming the $2 mark.

As we approach the final days of "Uptober," anticipation is building around the possibility of the altcoin price surging to new heights.

However, the question remains: will the Sui crypto price beat all odds and record a new ATH this Uptober, or will it experience a bearish reversal and plunge toward its lower support levels?

To uncover the short-term mysteries of the Sui (SUI) crypto token, continue reading.

Highlighting the key price movements and technical indicators for SUI coin:

The SUI price has seen a ~12% increase in the past day, with a trading volume of $942.14 million.

Over the past month, it has surged by 122.84%, and YTD, it has generated a return of 148.59%.

Currently, the altcoin is trading at a ~10% discount from an all-time high (ATH) of $2.18.

With a circulating supply of 2,763,841,373 SUI tokens and a market cap of $5.34 billion, it ranks 19th on the global crypto list.

A Closer Look at the SUI Price Chart

The Relative Strength Index (RSI) continues to hover above the overbought range in the 1D time frame.

Its average trendline, on the other hand, shows a potential bullish convergence, indicating a positive outlook for the altcoin in the upcoming period.

On the price chart for SUI, the EMA 50/200-day shows a substantial rise. This highlights the possibility of the altcoin continuing to gain value during the upcoming week.

Anticipating SUI Price Movements: ATH or Bearish Reversal?

If the price manages to stay above the support level of $1.90, it could lead to a retest of the all-time high of $2.1850 in the upcoming period.

Moreover, if the bullish sentiment intensifies, it could push the price toward its upper high of $2.50 this month.

On the other hand, a bearish reversal could pull the price toward its support level of $1.90.

Furthermore, if the bearish sentiment intensifies, it could lead to the Sui coin price plunging toward its lower support level of $1.6060.

For those considering stacking some SUI tokens for good gains, check out our Sui Price Prediction to uncover potential price targets.output: As Bitcoin price continues to show a strong bullish recovery, the broader cryptocurrency market has also experienced a positive trend.

In particular, the Sui coin price has regained traction and is currently close to reclaiming the $2 mark.

As we approach the final days of "Uptober," anticipation is building around the possibility of the altcoin price surging to new heights.

However, the question remains: will the Sui crypto price beat all odds and record a new ATH this Uptober, or will it experience a bearish reversal and plunge toward its lower support levels?

To uncover the short-term mysteries of the Sui (SUI) crypto token, continue reading.

Highlighting the key price movements and technical indicators for SUI coin:

The SUI price has seen a ~12% increase in the past day, with a trading volume of $942.14 million.

Over the past month, it has surged by 122.84%, and YTD, it has generated a return of 148.59%.

Currently, the altcoin is trading at a ~10% discount from an all-time high (ATH) of $2.18.

With a circulating supply of 2,763,841,373 SUI tokens and a market cap of $5.34 billion, it ranks 19th on the global crypto list.

A Closer Look at the SUI Price Chart

The Relative Strength Index (RSI) continues to hover above the overbought range in the 1D time frame.

Further, its average trendline shows a potential bullish convergence, suggesting a positive outlook for the altcoin in the coming time.

On the price chart for SUI, the EMA 50/200-day shows a substantial rise. This highlights the possibility of the altcoin continuing to gain value during the upcoming week.

Will SUI Price Hit New ATH This Uptober?

Maintaining the price above the support level of $1.90 could result in it

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