Altcoins News
By Maheen Hernandez
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Breakout After Multi-Month Pattern. On Tuesday, SUI surged past the critical $4 resistance level for the first time since May,…
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Triangle Breakout Confirms Bullish Setup. Analysts are pointing to a symmetrical triangle formation that has been in play for several months.
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Elliott Wave Analyst Sees $10 Target. Crypto analyst “Crypto Bullet” offered a more technical view using Elliott Wave Theory.
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SUI vs. Solana: Competitive Strength Growing. Aside from its USD trading pair, SUI’s performance against Solana (SOL) is also gaining attention.
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What Comes Next for SUI?. For now, all eyes are on whether SUI can turn the $4.00 resistance into solid support.
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Key Price Levels to Watch
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Final Thoughts. SUI is one of the top-performing altcoins in recent weeks, and its technical setup has caught the…
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SUI, the native token of the Sui blockchain, is making headlines again as it breaks through key resistance and signals the potential for a major rally.
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The altcoin had previously ended its multi-month downtrend in March, climbing above a long-term descending resistance line and touching a peak of $4.29 in May.
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The recent breakout came after the token recovered from a three-month low of $2.22 in June. That dip followed a broader market pullback, but SUI’s quick rebound and ability to…
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Another crypto analyst, Nebraskangooner, also emphasized the importance of the $4.00 level. He noted that this zone has acted as both support and resistance multiple times since…
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Crypto analyst “Crypto Bullet” offered a more technical view using Elliott Wave Theory. According to him, SUI has now entered Wave 3 — often the most powerful stage in a…
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Wave 3, now underway, has already produced a 51% gain and is targeting a price above $10, according to his chart projections.
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If this happens, SUI could outperform Solana in the coming weeks, strengthening its position as a leading altcoin in the current market cycle.
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For now, all eyes are on whether SUI can turn the $4.00 resistance into solid support. If this happens and volume continues to increase, technical indicators suggest that the…
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