{"id":39837,"date":"2026-01-06T17:31:12","date_gmt":"2026-01-06T17:31:12","guid":{"rendered":"https:\/\/financialrush.com\/?p=39837"},"modified":"2026-01-06T17:31:12","modified_gmt":"2026-01-06T17:31:12","slug":"sui-sui-surges-by-18-daily-new-ath-knocking-on-the-door","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=39837","title":{"rendered":"Sui (SUI) Surges by 18% Daily: New ATH Knocking on the Door?"},"content":{"rendered":"

\n<\/p>\n

The cryptocurrency market extended its rally today (January 6), with Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many other leading digital assets posting additional gains.<\/p>\n

Sui (SUI) has witnessed an even more impressive increase, with its price surging by almost 20% over the past 24 hours. Numerous analysts now believe it could be on the verge of a major bull run that might result in a new all-time high.<\/p>\n

The Next Targets<\/h2>\n

SUI\u2019s price currently trades just below $2, the highest level since mid-November. Its market capitalization soared above $7.5 billion, making it the 27th-largest digital asset, bigger than Litecoin (LTC), Hyperliquid (HYPE), and other popular altcoins.<\/p>\n

X user Crypto Winkle noted<\/a> SUI\u2019s recent uptrend, arguing the price has initiated a \u201cclean break\u201d above $1.80 with \u201cstrong structure.\u201d The analyst also claimed that on-chain activity has substantially increased since late November, usage has been growing, whereas the ETF filings \u201cadd institutional context, not just hype.\u201d<\/p>\n

\n

\u201cAs long as Sui Network holds above [the] prior value, the trend stays constructive. Acceptance above $2.00 opens the next leg,\u201d they predicted.<\/p>\n<\/blockquote>\n

X users Crypto Catalysts and MOON JEFF gave their two cents, too. The former set<\/a> the ambitious target of at least $8 in the coming weeks, whereas the latter described<\/a> SUI as \u201cunderrated\u201d and said he won\u2019t be surprised if its market capitalization explodes to $30 billion \u201cin a good altseason.\u201d<\/p>\n

Lucky, who has almost 2 million followers on X, is also bullish. At the start of 2026, the analyst suggested<\/a> SUI might be gearing up for a positive first quarter, envisioning a rise to approximately $4.44.<\/p>\n

High-Risk Area?<\/h2>\n

While most analysts who have touched on SUI forecast further gains in the short term, some think an impending correction could also be an option. X user Chill Trader claimed<\/a> the asset currently represents a \u201chigh-risk area,\u201d arguing that a pullback won\u2019t be surprising.<\/p>\n

SUI\u2019s Relative Strength Index (RSI) should also serve as a warning to investors. Traders use the technical analysis tool to spot possible trend reversals, as it indicates when the token is overbought or oversold. It ranges from 0 to 100, and anything above 70 suggests the price has increased too much in a short period and could be due for a plunge. On the other hand, ratios below 30 are considered buying opportunities.<\/p>\n

Just recently, SUI\u2019s RSI climbed to 87, the highest point witnessed since July last year.<\/p>\n

<\/a>
SUI RSI, Source: CryptoWaves<\/figcaption><\/figure>\n

The post Sui (SUI) Surges by 18% Daily: New ATH Knocking on the Door?<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"The cryptocurrency market extended its rally today (January 6), with Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and many…\n","protected":false},"author":2,"featured_media":39838,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-39837","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39837","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39837"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/39837\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/39838"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39837"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39837"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39837"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}