SUI Price Prediction Boosted by 12-Week Institutional Buying Streak
The SUI price prediction is looking up as institutional buying continues for the 12th week. According to recent data, Sui has seen a surge in ETF net flows, with over 9.3 million tokens accumulated since June. This trend coincides with a new 90-day high of 8.5 million transactions processed on August 22.
Analyst Ali Martinez reported that the positive SUI ETF accumulation has been consistent for 12 straight weeks, with some weeks seeing significant spikes in buying activity. The latest reading shows a slight dip, but overall, the trend remains bullish.
The SUI price prediction is also influenced by technical analysis, which suggests that a breakout above $0.83 could strengthen the case for further gains. However, the 200-day EMA remains a key obstacle, and buyers must reclaim $0.80 and $0.81 before testing this level.