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SUI Consolidates After Breakout Rally, Eyes $4.50 and $6.00 Targets

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  • SUI holds firmly above the $3.50 support zone, showing strength after a major breakout.
  • The market is consolidating with low volume and neutral RSI, hinting at a healthy pause.
  • A minor pullback of 0.90% hasn’t disrupted the broader bullish momentum.
  • Targets remain at $4.50 and $6.00, supported by bullish technical patterns and unfilled FVGs.

SUI is demonstrating impressive strength following a powerful breakout, managing to sustain momentum and hold firmly above a crucial support zone, While short-term exhaustion may be setting in, the broader trend remains bullish, and a period of consolidation could serve as the launchpad for SUI’s next major move.

At press time, SUI is trading at $3.51, showing minor intraday weakness with a modest 0.90% pullback. Despite this dip, the token maintains strong upward momentum, reflecting continued investor interest and market confidence.

SUI 1D graph coinmarketcap 1
SUI Consolidates After Breakout Rally, Eyes $4.50 and $6.00 Targets 4

Technical Setup Points to Bullish Consolidation

A closer look at the SUI/USDT chart reveals a consolidating market structure. The price is stabilizing around a psychological and technical support zone at $3.50, an area now acting as a premium accumulation zone after the recent surge.

The 5-day and 10-day moving averages are tightly intertwined, signaling a phase of market indecision, while the Relative Strength Index (RSI) remains neutral, hovering around the midline. This suggests that SUI is neither overbought nor oversold, aligning with the idea of a healthy pause before the next move.

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SUI Consolidates After Breakout Rally, Eyes $4.50 and $6.00 Targets 5

Meanwhile, the MACD indicator is flatlining, confirming the absence of a strong directional push in either direction, and volume levels remain subdued, underscoring the consolidation narrative.

SUI Bullish Setup Points to $6

SUI’s recent +474% rally from the $1.70 zone has catapulted it into what analysts are calling a “premium zone.” According to a recent analysis by Coin Edition, the token is now primed for its next leg higher. Despite the slight cooling off, there are limited signs of aggressive selling or position exits. This reflects a market that may simply be taking a breather, rather than reversing.

If SUI undergo a short-term correction, a dip toward the 38.2% Fibonacci retracement level could offer a “reset” opportunity, potentially recharging bullish momentum before the next leg higher.

On the upside, investors are eyeing the $4.50 resistance cluster as the next immediate target. A successful breakout above this level could pave the way for a rally toward the 161.8% Fibonacci extension near $6.00, a level reinforced by multiple unfilled Fair Value Gaps (FVGs), hinting at bullish inefficiencies yet to be corrected.

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SUI’s price action reflects a classic bullish consolidation after a strong breakout. With the token holding firm above key support and technical indicators pointing to a neutral-to-bullish setup, the stage appears to be set for the next upward move. While short-term volatility is expected, the broader structure remains favorable for bulls targeting higher price zones in the weeks ahead.

Read More: Shibarium and ShibaSwap Now Integrated into the Zypto Wallet App

SUI Blasts Past $3.69 with 72% Weekly Surge, Eyes $5 Next

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  • SUI surged 20% in 24 hours, with a 72% weekly gain, now trading at $3.69.
  • TVL on Sui network increased by 38%, reaching $1.645 billion, showing growing investor confidence.
  • DEX volume on Sui spiked by 177%, reaching $599 million in the last 24 hours.
  • SUI broke past $2.90 resistance, aiming for a new target of $5.00 with strong market momentum.

Sui (SUI) is on an unstoppable bullish run, significantly outperforming the broader crypto market. The token has emerged as one of the top performers in recent days, fueled by a combination of strong on-chain fundamentals, a favorable technical setup, and renewed market optimism.

After a brief consolidation, SUI has broken out with remarkable strength. Over the past 24 hours, the token has surged nearly 20%, pushing its weekly gains to a staggering 72%. At the time of writing, SUI is trading at $3.69, supported by a 24-hour trading volume of $3.99 billion and a market capitalization of $11.98 billion.

SUI 7D graph coinmarketcap 1
SUI Blasts Past $3.69 with 72% Weekly Surge, Eyes $5 Next 9

The broader crypto market is experiencing a bullish resurgence, largely driven by Bitcoin’s continued ascent toward the $95,000 mark. This upward momentum has reignited investor confidence across the board, and SUI appears to be one of the biggest beneficiaries of this renewed interest.

Key Drivers Behind SUI’s Rally

SUI’s recent price rally is more than just hype, it’s supported by strong fundamentals. In the past week, the Total Value Locked (TVL) on the Sui network has surged by 38%, climbing to $1.645 billion. This growth highlights rising investor confidence and growing activity within the ecosystem.

Adding to the momentum, decentralized exchange (DEX) volume on Sui has soared. Over the last 24 hours alone, DEX volume reached $599 million, marking a 177% increase compared to the previous week. This spike reflects heightened trading activity and deepening market engagement.

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Stablecoin holdings on Sui have also seen remarkable growth. In just two months, the total value of stablecoins held on the network jumped from $482 million to $879 million, an impressive 82% increase. This uptick signals a steady inflow of liquidity and rising user adoption, further reinforcing the network’s strengthening fundamentals.

SUI Breaks Out, Targets $5

SUI’s bullish technical structure is also playing a crucial role. A previously identified falling wedge pattern, typically a bullish reversal signal, has confirmed a breakout. Since breaching the $2.90 resistance level, the token has rallied sharply, aiming for the next major psychological target of $5.00.

As highlighted by market observers, “Round 2 is off to a flying start.” The patience of long-term holders appears to be paying off, with many calling this breakout a textbook move powered by strong fundamentals.

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With momentum on its side, SUI could continue to climb higher if current market conditions persist. The ongoing rise in network activity, liquidity, and investor sentiment places SUI in a favorable position as we head deeper into this bullish cycle.

Whether SUI can sustain this explosive growth remains to be seen, but for now, it’s clearly in the driver’s seat of this altcoin rally.

Read More: Lazarus Invades US Biz! Sanctions Shattered

SUI Surges on Strong Volume, Positive Indications Develop

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  • SUI has surged over 11% in the previous day. It’s also finding favor with traders as volumes rise and momentum becomes positive.
  • Technical indicator MACD reflects the technical strength of a strong uptrend, with RSI being above overbought and MACD acting to confirm this trend change.
  • A crucial support zone has been formed at the $3 level, which used to be a resistance level; thus promoting future price growth toward the $3.50 level.

The SUI token has gained significant interest from traders and crypto community members as its market now indicates a continued bullish move. During recent trading days, SUI broke past periods of continuous decline to achieve robust indications of market uptrend. 

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Source: TradingView

At the time of this analysis, the price of SUI hovered at $3.29 with a remarkable daily increase surpassing 11%. The trading volume increased during this rally phase, and that indicates that more investors flooded the market with their confidence in the token increased.

The candlestick daily charts indicate that SUI survived weeks of extended market declines until it dropped to around $1.50. Nevertheless, the market price today has undergone a powerful recovery, effortlessly breaking various resistance areas in the chart.

The present candlestick, which is in a massive green shape shows both exceptional buying interest and large trading volume of almost 73 million tokens. The coin’s Relative Strength Index (RSI) of 74.35 exceeds the 70 mark. This suggests that the coin may be due for a correction once the buying momentum is exhausted.

However, in strong uptrends, overbought conditions still persist as price continues to climb. The RSI’s recent trajectory also shows a sharp incline from levels below 40. This shows how market sentiment concerning SUI has changed rapidly.

Can SUI’s Price Remain Above $3.50?

The MACD indicator also provides a bullish confirmation of SUI’s current market trends. The bullish signal emerged because the MACD line has crossed the signal line, and both are located in the positive territory. It also looks like the upward momentum in SUI’s price is gaining more strength because the green histogram bars in the chart keeps expanding 

Its price movement over $3 is to establish this level as potential support against short-term market fluctuations. For this reason, this token has potential for testing $3.50 resistance or greater prices during future sessions. Yet, traders should verify for any possible change in its trend especially as the RSI indicator stands above 70 at the time of writing.

SUI Holds Strong Support at $2.14, Ready for Potential Breakout

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  • SUI is at $2.14, with major support at VWAP, daily, and weekly levels.
  • Stablecoin supply across Sui reached over $721 million, demonstrating increasing user participation rates.
  • A break above $2.52 may trigger into double bottom pattern along with possible bullish reversal.

Sui (SUI) is currently settled on a significant high-timeframe support zone, which includes the VWAP point of control, daily support, and weekly support. This confluence creates a strong base that market participants are closely watching.

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TradingView

After suffering a recent 24% fall from $2.82, Sui is currently trading at $2.14. Price action indicates tightening range, which implies room for large breakout. The key resistance to recapture is $2.52—a level that has consistently turned back bullish reversal and is still the proving ground for every follow-through to the upside, as analyst predicts.

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Source: X

Stablecoin Supply Surpasses $721 Million

SUI’s price movement reaching a low of $1.78 on April 8 before rebounding to $2.14 by April 19. A sharp upward move on April 10 was followed by steady consolidation above $2.20, indicating growing buyer interest around this region and setting the stage for a key breakout test.

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TradingView

Sui’s ecosystem metrics offer a mix of optimism and caution. In Q1, Sui’s Total Value Locked (TVL) peaked at $2.08 billion, its highest yet, driven by robust DeFi and BTCfi engagement. Additionally, Sui’s stablecoin supply topped $721 million, surpassing Optimism, which reflects rising user participation in the network.

Despite the bullish ecosystem metrics, traders must tread carefully. Over the weekend, $1.92 million worth of long positions were liquidated, and funding rates turned negative. Technically, while the MACD indicates slight upward momentum, it lacks confirmation from volume—an essential factor for any sustained rally.

Can SUI Form a Bullish Reversal?

Technicals and sentiment remain balanced, with volume decreasing and momentum falling. The current support zone has proven resilient, acting as a decision point where traders are evaluating risk-reward. The longer SUI holds above this region, the higher the chances of a bullish scenario materializing.

A structure of lower highs and lower lows is still predominant but at decreasing speed. This tends to be the sign of an oncoming change. Price compression in a shrinking range combined with diminishing volume tends to be the precursor to powerful directional movement. The market is currently waiting for verification by way of volume increase and breakout. 

If support continues to hold strong and price breaks out over the local range high, SUI might make a double-bottom—a classic reversal pattern. To make this happen, there needs to be a clear break over $2.52 on high volume. Otherwise, the breakdown might be to the downside, taking SUI down to the $1.42 level.

Read More: SUI Faces Critical Support Test: Can It Bounce Back Amid Broader Market Strength?

Here’s The Top 3 Coins That Are Making A Huge Difference To Your Wealth

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While the leading crypto Bitcoin (BTC), surpassed the $100K psychological barrier, its market dominance has fallen, retreating from its November high of $61.53%. This means the altcoins are ready to steal the show. With institutional interest, favorable market trends, and an unprecedented influx of retail players, some altcoins are positioned to record new highs, ultimately outperforming the pioneer crypto in the coming weeks.

Riding this momentum are these top cryptos SUI, TON and ELX. Let’s uncover how each token will perform ahead of the 2025 bull cycle.

Solution To DeFi’s Growth On TON Blockchain

As SUI and TON cryptos continue to navigate volatile markets, Elluminex (ELX) is quietly planning a DeFi revolution on the TON blockchain. The project will leverage Toncoin’s innovative blockchain architecture to build a comprehensive DeFi platform that offers solutions to some of the inherent DEX challenges, such as high gas fees, complex interfaces, limited accessibility, and fragmented liquidity.

Thanks to its upcoming cross-chain bridge, whether crypto enthusiasts are trading, staking, or exploring other DeFi products, Elluminex aims to provide an unmatched level of liquidity, ensuring low slippage. Moreover, its security protocol will safeguard funds and offer users peace of mind. It will not require KYC verification, reducing barriers to entry for novice and seasoned traders.

To empower traders, Elluminex has an academy with an exclusive AI-powered portfolio tracker that enhances optimal asset management, ensuring that users make quick and informed decisions. Its standout pre-market feature allows users to gain early access to new TON project tokens through its over-the-counter platform before officially being listed on exchanges. These features and a robust token burn mechanism could catalyze ELX’s exponential growth.

SUI Price Prediction: Can It Reach $10?

The price of SUI increased rapidly since the beginning of the year. After a correction that existed between March and August, SUI began another upward movement and has consistently made new all-time highs since October. More recently, SUI reached a high of $4.98 on December 16. The weekly time frame indicates that the SUI coin has surged by 520% since the start of the year.

The rally in November triggered SUI to break out from its previous all-time high and validated it as support. Its second portion of the upward trajectory follows a parabolic ascending support trendline, which, while unstainable in the long term, could lead to considerable gains in the short term. Notably, SUI bounced from the trendline the previous week and created a long lower wick.

This means the trendline at $4.10 and the bullish momentum will remain intact as long as this trendline remains in place. Sui’s technical indicators suggest it is in overbought territory but has yet to form any bearish divergence. SUI price is nearing the top of wave three in a wave five increase. The breakout from a long-term ascending parallel channel confirms that this rally is impulsive. Wave three is 1.61 times the length of wave one, so it could be nearing its end. If there is another extension, the next most likely target will be $6.66.

TON Price Consolidates: Could A Rally Push TON Higher?

Toncoin has entered a consolidation phase, with its price trending in a tight range between $5.5 and $6.2. As the broader market stabilizes, Toncoin crypto could break to the upside, setting the stage for a fresh rally. This consolidation is typically a pause in its price action and is a pivotal moment that will determine TON’s next significant move.

TON’s technical indicators highlight bullish momentum, suggesting an increasing buying interest. This upward pressure within the range is often an indicator of a breakout as TON holders continue to accumulate their positions in anticipation of a rise above resistance levels. If this momentum continues, Toncoin’s price will be on track to the upside once it breaks free from its current consolidation zone.

After the breakout, TON crypto could target the $7.2 resistance level. It could target the next resistance level at $8.3 if it successfully breaches this hurdle. A move past this level could set the stage for additional gains and suggest TON bulls are in control. Therefore, the price could continue to rise towards new highs. On the flip side, a breakout downside could push the price of Toncoin toward the $6 support level. It will test its subsequent support zones if it fails to hold gains above this point.

Three Bullish Altcoins In December

While SUI and TON have established themselves as top altcoins in the market, they still have a long way to go regarding innovations. Conversely, Elluminex will solve a major problem in the DeFi market, a feature that has drawn considerable interest in its presale launch. If SUI and TON cannot sustain their positive sentiment, ELX could easily outperform them.

For more information about Elluminex (ELX) visit the links below:

Website: https://elluminex.com/
Twitter/X: https://x.com/elluminex
Telegram: https://t.me/Elluminex

Here’s The Top 3 Coins That Are Making A Huge Difference To Your Wealth

by

While the leading crypto Bitcoin (BTC), surpassed the $100K psychological barrier, its market dominance has fallen, retreating from its November high of $61.53%. This means the altcoins are ready to steal the show. With institutional interest, favorable market trends, and an unprecedented influx of retail players, some altcoins are positioned to record new highs, ultimately outperforming the pioneer crypto in the coming weeks.

Riding this momentum are these top cryptos SUI, TON and ELX. Let’s uncover how each token will perform ahead of the 2025 bull cycle.

Solution To DeFi’s Growth On TON Blockchain

As SUI and TON cryptos continue to navigate volatile markets, Elluminex (ELX) is quietly planning a DeFi revolution on the TON blockchain. The project will leverage Toncoin’s innovative blockchain architecture to build a comprehensive DeFi platform that offers solutions to some of the inherent DEX challenges, such as high gas fees, complex interfaces, limited accessibility, and fragmented liquidity.

Thanks to its upcoming cross-chain bridge, whether crypto enthusiasts are trading, staking, or exploring other DeFi products, Elluminex aims to provide an unmatched level of liquidity, ensuring low slippage. Moreover, its security protocol will safeguard funds and offer users peace of mind. It will not require KYC verification, reducing barriers to entry for novice and seasoned traders.

To empower traders, Elluminex has an academy with an exclusive AI-powered portfolio tracker that enhances optimal asset management, ensuring that users make quick and informed decisions. Its standout pre-market feature allows users to gain early access to new TON project tokens through its over-the-counter platform before officially being listed on exchanges. These features and a robust token burn mechanism could catalyze ELX’s exponential growth.

SUI Price Prediction: Can It Reach $10?

The price of SUI increased rapidly since the beginning of the year. After a correction that existed between March and August, SUI began another upward movement and has consistently made new all-time highs since October. More recently, SUI reached a high of $4.98 on December 16. The weekly time frame indicates that the SUI coin has surged by 520% since the start of the year.

The rally in November triggered SUI to break out from its previous all-time high and validated it as support. Its second portion of the upward trajectory follows a parabolic ascending support trendline, which, while unstainable in the long term, could lead to considerable gains in the short term. Notably, SUI bounced from the trendline the previous week and created a long lower wick.

This means the trendline at $4.10 and the bullish momentum will remain intact as long as this trendline remains in place. Sui’s technical indicators suggest it is in overbought territory but has yet to form any bearish divergence. SUI price is nearing the top of wave three in a wave five increase. The breakout from a long-term ascending parallel channel confirms that this rally is impulsive. Wave three is 1.61 times the length of wave one, so it could be nearing its end. If there is another extension, the next most likely target will be $6.66.

TON Price Consolidates: Could A Rally Push TON Higher?

Toncoin has entered a consolidation phase, with its price trending in a tight range between $5.5 and $6.2. As the broader market stabilizes, Toncoin crypto could break to the upside, setting the stage for a fresh rally. This consolidation is typically a pause in its price action and is a pivotal moment that will determine TON’s next significant move.

TON’s technical indicators highlight bullish momentum, suggesting an increasing buying interest. This upward pressure within the range is often an indicator of a breakout as TON holders continue to accumulate their positions in anticipation of a rise above resistance levels. If this momentum continues, Toncoin’s price will be on track to the upside once it breaks free from its current consolidation zone.

After the breakout, TON crypto could target the $7.2 resistance level. It could target the next resistance level at $8.3 if it successfully breaches this hurdle. A move past this level could set the stage for additional gains and suggest TON bulls are in control. Therefore, the price could continue to rise towards new highs. On the flip side, a breakout downside could push the price of Toncoin toward the $6 support level. It will test its subsequent support zones if it fails to hold gains above this point.

Three Bullish Altcoins In December

While SUI and TON have established themselves as top altcoins in the market, they still have a long way to go regarding innovations. Conversely, Elluminex will solve a major problem in the DeFi market, a feature that has drawn considerable interest in its presale launch. If SUI and TON cannot sustain their positive sentiment, ELX could easily outperform them.For more information about Elluminex (ELX) visit the links below:

Website: https://elluminex.com/
Twitter/X: https://x.com/elluminex
Telegram: https://t.me/Elluminex