As of March 20, 2025, SushiSwap's native token, SUSHI, is trading at approximately $0.68. This reflects a significant decline from its all-time high of $23.38 on March 13, 2021.
Technical analysis indicates a bearish trend. On the daily timeframe, the 50-day moving average is sloping downward and is positioned above the current price, potentially acting as resistance. The 200-day moving average is also trending downward, suggesting a weak trend. The Relative Strength Index (RSI) is below the neutral zone (30-70), indicating an oversold condition.
Price forecasts for SUSHI vary among analysts. Some predict a potential increase to around $5.50 by 2030, while others anticipate a more conservative estimate of approximately $0.62 by the end of 2025.
Given the current bearish technical indicators and the token's significant decline from its peak, caution is advised. Potential investors should conduct thorough research and consider their risk tolerance before making investment decisions regarding SUSHI.
