SushiSwap Price Prediction 2025: SUSHI Looks to Recover Further From All-Time Low

Key Takeaways

• SushiSwap (SUSHI) hit an all-time low in August 2024. 
• The price of SUSHI has quadrupled since then, boosted by new DEX developments.
• Our SushiSwap price predictions suggest that SUSHI could reach $3.30 next year.

SushiSwap’s SUSHI token is on an upturn, more than quadrupling after hitting an all-time low in early August 2024.

The momentum was, at least in part, helped by the news that SushiSwap would be expanding  to appear on the Solana blockchain and launching a perpetual exchange on the N1 protocol.

On Dec. 11, 2024, SUSHI was worth about $2.

Let’s examine our price predictions for SUSHI on Dec. 11, 2024. We will also examine the SUSHI price history and discuss what SushiSwap is and does.

SushiSwap Price Prediction

Here are the SUSHI price predictions from CCN on Dec. 11, 2024. Price forecasts should be taken cautiously, especially for something as volatile as crypto.

Our SUSHI crypto price predictions will use the wave count method to predict its future movement.

We will add and remove 20% from the target price to provide a range of possible outcomes, resulting in minimum and maximum SUSHI price predictions.

SUSHI/USDT Daily Chart | Credit: Valdrin Tahiri/TradingView  After a five-wave decline since the all-time high price of $23.43 in March 2021, the SUSHI price bounced in June 2023.

The bounce led to a significant increase that continued until March 2024. The price fell afterward but began another upward movement in August.

Because the previous movement is a five-wave decline, the ongoing bounce may be part of a correction. If so, the most probable future outlook is an A-B-C corrective structure, where SUSHI is in wave C.

Wave C has already extended, breaking out from a parallel channel. So, it could have 2.61 times the length of wave C, taking the SUSHI price to the long-term horizontal resistance of $4.84. 

If wave C has the same length as wave A, the price will reach this target in May 2025. 

Then, we can project a similar decrease as the one that followed the March 2021 high. Doing so gives a SushiSwap price prediction of $2.75 and $0.40 for the end of 2025 and 2026, respectively.

Finally, we use the daily rate of increase for the past two years to make a SUSHI price prediction for the end of 2030. Since December 2022, the SUSHI price has increased by 50%. Projecting this decline until the end of 2030 gives a SushiSwap price prediction of $5.50.

SushiSwap Price Prediction for 2025

SushiSwap’s wave count price prediction gives a target range between $2.20 and $3.30 for the end of 2025.

SushiSwap Price Prediction for 2026

SushiSwap’s wave count price prediction gives a target range between $0.32 and $0.48 for the end of 2026.

SushiSwap Price Prediction for 2030

Using the daily rate of increase for the past two years, we arrive at a SushiSwap price prediction of $4.40 – $6.60 for the end of 2030.

SushiSwap Price Analysis

The weekly time frame SUSHI chart shows that the price increased gradually after reaching its low of $0.446 in August. Then, it created a higher low in November before accelerating the rate of increase, which has now become parabolic.

Last week alone, SUSHI increased by nearly 100%. However, it has lost a significant portion of those gains this week. 

Nevertheless, SUSHI reached a new yearly high of $2.82, breaking out from the long-term horizontal resistance at $1.95. This is a critical area that previously existed for 945 days. 

In the horizontal resistance area context, SUSHI is returning to validate it as support (white icon). 

Technical indicators are also bullish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are increasing and above their bullish thresholds.

If the SUSHI upward movement continues, the next long-term resistance will be at $4.45.

Short-Term SushiSwap Price Prediction

The SushiSwap price prediction for the next 24 hours is bullish. SUSHI is likely to validate the $1.95 horizontal area as support and then resume its increase toward the next resistance at $4.45

SushiSwap Average True Range (ATR): SUSHI Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.

On Dec. 11, 2024, the weekly ATR for SUSHI was 0.271, suggesting relatively high volatility.

SUSHI Relative Strength Index (RSI): Is SUSHI Overbought or Oversold?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively. Movements above and below the 50 line also indicate if the trend is bullish or bearish.

On Dec. 11, 2024, SUSHI’s weekly RSI was 63, a sign of a bullish trend.

CCN Strength Index

The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.

Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.

• 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
• 25 to 35: The price tends to move within stable bounds with minimal volatility.
• 36 to 49: Assets begin a stable uptrend but without strong surges.
• 50 to 59: Consistent growth with moderate price advances, building momentum.
• 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.

The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.

However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines, so a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.

On Dec. 11, 2024, SushiSwap scored 71 on the CCN Index, suggesting momentum strong enough to suggest a trend shift may be imminent.

Best Days and Months to Buy SUSHI

We examined the SUSHI price history and found the lowest prices on certain days, months, quarters, and even weeks in the year, indicating the best times to buy SUSHI.

SushiSwap Price Performance Comparisons

SushiSwap is a Decentralized Exchange (DEX) token, so let’s compare it with other cryptos in that category.

SUSHI Price History

Let’s now look at the SushiSwap price history . While past performance should never be taken as an indicator of future results, knowing what the token has done can help give us useful context when making or interpreting a SushiSwap price prediction.

SushiSwap Market Cap

The market capitalization, or market cap, is the sum of the total number of SUSHI in circulation multiplied by its price.

On Dec. 11, 2024, the SushiSwap market cap was $521 million, making it the 159th-largest crypto by that metric.

Who Holds the Most SushiSwap Tokens?

On Dec. 11, 2024, a wallet linked to the Binance exchange held more than 20% of the SUSHI supply.

Richest SUSHI Wallet Addresses

As of Dec. 11, 2024, the five wallets with the most SUSHI  were

• 0xf977814e90da44bfa03b6295a0616a897441acec. This wallet, listed as Binance, held 56,203,073 SUSHI or 22.48% of the supply.
• 0x8798249c2e607446efb7ad49ec89dd1865ff4272. This wallet held 23,911,678 SUSHI or 9.56% of the supply.
• 0x6cc5f688a315f3dc28a7781717a9a798a59fda7b. This wallet, listed as OKX, held 19,562,394 SUSHI or 7.82% of the supply.
• 0xe94b5eec1fa96ceecbd33ef5baa8d00e4493f4f3. This wallet held 15,757,025 SUSHI or 6.3% of the supply.
• 0xf89d7b9c864f589bbf53a82105107622b35eaa40. This wallet, listed as ByBit, held 12,532,395 SUSHI or 5.01% of the supply.

SushiSwap Supply and Distribution

From the SushiSwap Whitepaper

SushiSwap aims to create a decentralized exchange (DEX) that is more user-friendly, efficient, and community-governed than existing options. The project leverages the Ethereum blockchain and the concept of yield farming to provide liquidity providers with incentives to stake their assets.

SushiSwap (SUSHI) Explained

SushiSwap  is a decentralized exchange (DEX) founded in 2020 by the pseudonymous Chef Nomi. Nomi has been rumored to be FTX founder Sam Bankman-Fried, but the disgraced former billionaire and convicted fraudster has denied this. 

SushiSwap, which is based on the Ethereum (ETH) blockchain, allows people to buy, sell, and trade whichever cryptos they want at a price set by the market. This differentiates it from centralized exchanges (CEXes), which have a controlling authority deciding what can and can’t be traded.

The SUSHI token supports SushiSwap.

How SushiSwap Works

Users tie their assets into smart contracts to create liquidity pools that fund SushiSwap. Traders then swap their tokens and coins in and out of the liquidity pool, meaning they can buy and sell on the DEX. 

Users can create one and set their exchange rates if a liquidity pool does not exist. This can be corrected later. If you trade against an asset that is locked in, you have to pay a fee that is distributed across all contributors to the liquidity pool based on how much the individual contributor has contributed. 

SUSHI holders can vote on decisions related to the governance of SushiSwap itself. 

Anyone can make a proposal to be voted on, but there is one important caveat. While anyone who holds SUSHI can vote, the votes are merely advisory rather than binding. This means that people elected by coinholders have to approve the decisions made by the electorate.

People can also buy, sell, and trade SUSHI on exchanges.

Because SushiSwap is based on Ethereum, SUSHI is a token, not a coin. You might see references to a SushiSwap price prediction, but these are wrong.

Is SushiSwap a Good Investment?

It is difficult to tell. The crypto has shot up after apparent whale activity but appears to be going down again. SushiSwap was one of the more prominent DEXes a few years ago, but it has started to become eclipsed. Its rumored links to Sam Bankman-Fried aren’t going to help at this time, either.  Let’s also not forget that we are slightly more than four months away from an all-time low. 
On the other hand, it is still going and has a pretty active community, with moves to expand beyond the Ethereum blockchain underway. As always, with crypto, you will need to do your research before deciding whether or not to invest in SUSHI.

Will SushiSwap go up or down?

No one can tell right now. While the SushiSwap crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up. 

Should I invest in SushiSwap?

Before you decide whether or not to invest in SushiSwap, you will have to do your research, not only on SUSHI but on other related coins and tokens such as Jupiter (JUP). Either way, you must also ensure you never invest more money than you can afford to lose.

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