Key takeaway:
- Our Sushiswap price prediction anticipates a high of $1.18 by the end of 2024.
- In 2025, it will range between $1.45 and $1.79, with an average price of $1.50.
- In 2030, it will range between $9.41 and $11.46, with an average price of $9.69.
SushiSwap is a decentralized exchange fork of Uniswap, a popular exchange. It offers several additional features not present in Uniswap, making it popular in the DeFi space. It is the largest DEX on the Binance smart chain. Its native token borrows the name of the exchange and is abbreviated SUSHI.
Is SUSHI a good investment? Will it go up? Where will it be in five years? Our SUSHI Cryptopolitan Price Prediction answers these questions and more.
Overview
| Cryptocurrency | SushiSwap |
| Ticker | SUSHI |
| Current price | $0.5812 |
| SUSHI Crypto Market cap | $9.1 billion |
| Trading volume | $152 million |
| Circulating supply | 261,177,120 |
| All-time low | $0.4533 on Aug 5, 2024 |
| All-time high | $23.38 on Mar 14, 2021 |
| 24-hour low | $0.5954 |
| 24 hour high | $0.5680 |
SUSHI price prediction: Technical analysis
| Metric | Value |
| Volatility (30-day variation) | 11.11% |
| 50-day SMA | $0.6694 |
| 200-day SMA | $1.12242 |
| Sentiment | Bearish |
| Fear & greed index | 30 (Fear) |
| Green days | 11/30 (37%) |
SUSHI price analysis: SUSHI remains range-bound
As of the time of writing (August 20), AVAX’s price has risen by 2.11% over the past 24 hours, trading at approximately $0.58. The cryptocurrency has a market capitalization of $152 million and a trading volume of $12.54 million, which has risen by 16.97%.
SUSHI/USD 1-day chart: SUSHI is consolidating
SUSHI registered bearish momentum through May and August. This was after falling from $2 earlier in March and losing over 70% of its value to the current range. The loss led to a consolidation state that is playing out. The moving averages are bearish, suggesting a probable negative breakout. However, the relative strength index (RSI) remains neutral.
SUSHI/USD 4-hour chart: SUSHI in gradual decline
SUSHI shows a clear state of consolidation when zoomed in, as the market remains indecisive. The price hovers at the $0.58 mark. Traders are usually watchful of such scenarios as they mostly result in extended breakouts.
SUSHI technical indicators: Levels and action
Daily simple moving average (SMA)
| Period | Value ($) | Action |
| SMA 3 | 0.5811 | SELL |
| SMA 5 | 0.5752 | BUY |
| SMA 10 | 0.5746 | BUY |
| SMA 21 | 0.5963 | SELL |
| SMA 50 | 0.6694 | SELL |
| SMA 100 | 0.8566 | SELL |
| SMA 200 | 1.1224 | SELL |
Daily simple exponential average (EMA)
| Period | Value ($) | Action |
| EMA 3 | 0.5754 | BUY |
| EMA 5 | 0.5791 | BUY |
| EMA 10 | 0.5845 | SELL |
| EMA 21 | 0.6092 | SELL |
| EMA 50 | 0.6930 | SELL |
| EMA 100 | 0.8295 | SELL |
| EMA 200 | 0.9638 | SELL |
What can you expect from SUSHI price analysis next?
Per our analysis, SUSHI is Bearish, with the Fear & Greed Index showing fear among investors. Over the last 30 days, sushi recorded 11/30 green days. Based on the Sushi charts, it remains range-bound.
Why is SUSHI down?
SUSHI is trading at its lowest this year; the crypto market capitalization has also dropped significantly. The drop in SUSHI value could be attributed to the general market sentiment.
Will SUSHI recover?
The Sushiswap platform registered high activity, suggesting a recovery when market sentiment changes.
Will SUSHI reach $1?
According to the Cryptopolitan price prediction, SUSHI will again cross the $1 mark this year.
Will SUSHI reach $10?
According to the Cryptopolitan price prediction, SUSHI will reach $10 in 2030, with a maximum price of $11.46 for the year.
Will SUSHI reach $100?
It remains highly unlikely that SUSHI will cross the $100 mark before 2030.
Does Sushiswap have a good long-term future?
According to Cryptopolitan price predictions, SUSHI will trade higher in years to come. However, factors like market crashes or difficult regulations could invalidate this bullish theory.
Is SushiSwap a good investment?
Sushiswap democratizes access to the crypto market, offering access to over 400 cryptocurrencies without registration. Since Sushiswap is a widely used exchange, most retailers consider SUSHI acceptable. Additionally, the platform allows you to earn passive income on your idle crypto while providing you with some of the best trades in the market. Our Cryptopolitan Price Prediction section will show how the coin will gain value in years to come.
Recent news/ opinions
The SushiSwap exchange has integrated dollar-cost averaging (DCA) and limit orders in its application by tapping Orbs’ dLIMIT and DCA protocols. The dLIMIT protocol allows traders to place limit orders on-chain, allowing users can choose options like +1%, +5%, or +10% above their target price and set expiry dates for their orders.
SushiSwap price prediction August 2024
The SUSHI price forecast for August is a maximum of $0.67 and a minimum of $0.53. The average price for the month will be $0.58.
| Month | Potential low ($) | Potential average ($) | Potential high ($) |
| August | 0.53 | 0.58 | 0.67 |
SushiSwap price prediction 2024
For the second half of 2024, SUSHI’s price will range between $0.53 and $1.18. The average price for the period will be $1.08.
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2024 | $0.53 | $1.08 | $1.18 |
SUSHI price prediction 2025-2030
| Year | Potential low ($) | Potential average ($) | Potential high ($) |
| 2025 | $1.45 | $1.50 | $1.79 |
| 2026 | $2.12 | $2.20 | $2.51 |
| 2027 | $3.10 | $3.19 | $3.72 |
| 2028 | $4.57 | $4.72 | $5.34 |
| 2029 | $6.70 | $6.93 | $8.05 |
| 2030 | $9.41 | $9.69 | $11.46 |
SushiSwap price prediction 2025
The SushiSwap crypto price forecast for 2025 is a high of $1.79. It will reach a minimum price of $1.45 and an average trading price of $1.50.
SushiSwap crypto price prediction 2026
The SushiSwap ‘s price prediction estimates it will range between $2.12 and $2.51, with an average price of $2.20.
SushiSwap price prediction 2027
SushiSwap coin price prediction climbs even higher into 2027. According to the prediction, SUSHI will range between $3.10 and $3.72, with an average price of $3.19.
SushiSwap price prediction 2028
Our analysis indicates a further acceleration in SUSHI’s price. It will trade between $4.57 and $5.34, with an average price of $4.72.
SushiSwap price prediction 2029
According to the SushiSwap coin price prediction for 2029, the price of SUSHI will range between $6.70 and $8.05, with an average price of $6.93.
SushiSwap price prediction 2030
According to the 2030 SushiSwap price prediction, the price will range between $9.41 and $11.46, with an average of $9.69.
SUSHI market price prediction: Analysts’ SUSHI price forecast
| Firm | 2024 | 2025 | 2026 |
| Digitalcoinprice | $1.25 | $1.40 | $2.02 |
| Gate.io | $0.5764 | $0.6974 | $0.7183 |
| Bitget | $0.7078 | $0.6017 | $0.5716 |
Cryptopolitan’s SUSHI price prediction
Our predictions show that SUSHI will achieve a high of $1.18 in the second half of 2024. In 2025, it will range between $1.45 and $1.79, with an average of $1.50. In 2030, it will range between $9.41 and $11.46, with an average of $9.69. Note the predictions are not investment advice. Seek independent consultation or do your own research.
SUSHI historic price sentiment
- Sushiswap was introduced in 2020.
- After listing, it quickly rose to $7 in September 2020, then fell to lows of $1.50 by the end of the year.
- It recorded an all-time low of $0.4737 on November 4th, 2020
- In the 2021 bull run, it quickly rose and reached its all-time high at $22.52 on March 14.
- It then experienced a general bearish trend since the 2021-2022 bull run.
- Despite the price challenges, the coin significantly grew in the first quarter of 2024, rising from a low of $0.53 to a high of $2.07.
- After reaching the peak, it proceeded into a bear run, which is now in play.
- On August 5, it reached the year’s low at $0.4833.
