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Cryptocurrency News Articles

SUI Price Prediction: SUI Has Been Gaining Ever-Increasing Attention in the Crypto Market After Breaking Out Past the $4.00 Level

May 11, 2025 at 01:52 pm

This breakout follows strong technical signals and an 85% market cap jump in one month. If the uptrend continues, analysts now see $5.90 and $7.80 as possible short-term targets.

SUI Price Prediction: SUI Has Been Gaining Ever-Increasing Attention in the Crypto Market After Breaking Out Past the $4.00 Level

Key Insights:

* SUI has broken out above the key technical resistance at $4.00, gaining attention in the crypto market.

* The breakout follows a positive technical structure with an inverse head-and-shoulders pattern.

* Analysts see $5.90 and $7.80 as possible short-term price targets if the uptrend continues.

Above Critical Resistance:

Chart analysis by market analyst bitgu_ru shows that SUI has now decisively broken through the psychological and technical barrier at the $4.00 level. This move follows a clean bullish structure that began around $2.40 with an inverse head-and-shoulder pattern. The trend was further supported by multiple higher highs and sustained momentum.

Recently, SUI experienced a strong breakout, surging from $3.74 to over $4.00. The $4.00 acts as immediate support, while the next resistance is at $4.40. The price rise is also backed by increased buying interest, visible in the growing trading volume.

Analysts note that keeping the price above $4.00 could lead to more upward movement, especially as momentum traders and breakout followers typically join in at these levels.

Ichimoku Cloud and Bullish Trend Continuation:

Other technical indicators also support the bullish trend. The 3-day chart around the $3.50 level shows that SUI breaks above the flat Kijun line and Kumo cloud, as an analyst, Dollarcurrency1, reported. In the Ichimoku system, this kind of breakout often has an implication of long-term trend reversal and continuation of upside movement.

The chart also shows a strong move upward from a flag zone, which is usually a good point to start looking for bullish trends. Any short-term pullback into the Kumo cloud or the fair value gap (FVG) zone could present strong buying opportunities, according to analyst commentary. Traders often use these levels to accumulate during ongoing trends.

Using Fibonacci extension tools, price targets for the current move are at $5.00, $5.90, and $7.80. These levels align with past resistance zones and typical breakout behavior, especially in trending altcoins.

Market Cap Growth and On-Chain Strength:

SUI’s price rally is also noteworthy in the context of its market cap performance. Data from Artemis indicates that SUI has seen an 85.46% improvement in market capitalization from April 9 through May 8, 2025.

This stands as the greatest growth of chains monitored in that period, besting other high-growth tokens like HYPE (+70.48%) and SEI (+54.35%). Such growth signals the growth of investors’ confidence and capital inflows into the SUI ecosystem.

The uptrend is compounded by vibes on social media, where SUI is currently the number one trending token on CoinGecko for the week.

Ecosystem Momentum and Market Outlook:

SUI continues to gain strength as its ecosystem expands. Increased developer participation, improved infrastructure, and diversification of participation in DeFi are driving the Sui blockchain to become a competitive Layer 1 network.

With prices above $4.00, a move toward the $5.00–$5.90 range appears likely in the near term. The breakout, backed by strong volume, shows buyers are in control. If this momentum continues, a rise to $7.80 could follow soon.

The next few days will determine if SUI consolidates above its recent breakout zone or continues its move toward the next resistance level. Many traders are likely looking for any dips toward the support of $3.74 as possible reentry points in what might be a lasting bullish trend.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on May 12, 2025