SUI Altcoin Shows Strong Bullish Signals Ahead of 2025 Market Rally
Sui (SUI) has emerged as a standout performer in the altcoin market, posting a 38.35% weekly gain and a 1.19% daily increase, with its price currently around $3.93. The token's market capitalization stands at $13.58 billion, while daily trading volume has surged by over 50% to $2.76 billion, signaling strong investor interest.
Analyst crypto Patel predicts a potential 2x–3x surge for SUI, contingent on clearing the $4.50 resistance level. A retest of $3.50 may precede a rally toward $6, with $10 as an ambitious target. Technical indicators, including a breakout from a descending channel above the $3.45 Fibonacci resistance and a forming symmetrical triangle pattern, support this bullish outlook.
The Relative Strength Index (RSI) at 71.36 suggests overbought conditions, indicating possible short-term consolidation before further upside. Market participants are closely watching the $4 psychological level, with a sustained hold potentially paving the way for a test of $4.50.