Sui Price Surges as Golden Cross Setup Takes Shape, $3.85 Rally Possible

The Sui price is currently trading around $1.16 on the daily chart, which is also the 200-day Simple Moving Average (SMA). Ali Martinez notes that two previous golden crosses in December 2023 and October 2024 led to rallies of 240.25% and 222.45%, respectively.

Ali projects a 231.35% rally from $1.16 toward approximately $3.85, should the bullish setup play out. This would occur if the 50-day SMA moves above the 200-day SMA, creating a golden cross.

The Sui Foundation has recently joined the Linux Foundation's LF Decentralized Trust alongside other major institutions such as Swift and Wells Fargo. This membership gives Sui exposure to institutional blockchain infrastructure and tokenized-asset use cases.