🔴Price Status and Market Analyses📉📈🚀
🔸️Current Price and Short-Term Trend
The price of SUI has decreased this week by about 12% and recorded around $3.46, but network activity remains high, with stablecoin transfers on Sui exceeding $224 million in July compared to Solana's approximately $210 million.
🔸️Forecasts and Technical Analyses
CoinCodex data predicts that the price will move between $2.38 and $3.40 until the end of 2025, with an average monthly trading around $2.70, indicating the possibility of further declines before a potential rise.
Other reports, such as InvestingHaven, suggest an expected range of $2.55 to $8.75 for 2025 with an important support level at $3.33.
Brave New Coin clarifies that support around $3.50 is crucial for a return to the upward trend, and mentions the possibility of the price reaching $7 or more if the current momentum continues.
Changelly anticipates an average trading value of $3.43 with a range between $2.57 and $3.00 during the coming period of the year.