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Cryptocurrency News Articles

This Trader Makes a Viral SUI Price Prediction

May 18, 2025 at 04:00 am

Sui (SUI) has been one of the more talked-about altcoins lately – and now, there is a bold SUI price prediction from a popular trader.

This Trader Makes a Viral SUI Price Prediction

Popular trader Crypto GEMs has shared a new SUI price prediction, and it has the crypto community buzzing.

While the trader is known for their bold calls, this time, they might just be onto something big.

As the chart below shows, Crypto GEMs is expecting a short-term move to $4.80. But what really has everyone talking is this tweet:

SUI is going to +$10 sooner than u think

That’s a massive statement, considering SUI is currently trading just under $4.

While the tweet itself is short and sweet, the accompanying chart gives a more detailed look into why this prediction might not be as far-fetched as it sounds.

We’ll break down what the chart shows, what it means for SUI’s short-term outlook, and whether that $10 target is even realistic.

SUI Is Building Strength on the 4-Hour Chart

The chart is based on the 4-hour timeframe for SUI/USDT on Binance. It shows a clear pattern of consolidation followed by breakout – something experienced traders look for when gauging an asset’s momentum.

What stands out immediately is the repeated appearance of falling wedge patterns. The first major breakout happened at the April lows, when SUI rallied sharply after breaking out of a descending channel.

Then, a similar structure formed in early May, leading to yet another upward move. Now, we’re seeing a third falling wedge take shape.

Each of these patterns has led to higher highs and continued strength, and the chart suggests that SUI is once again approaching the apex of this setup. If history repeats, we could be just days away from another move up.

Also important is the blue line running through the chart – the 100-period exponential moving average (EMA). SUI has consistently found support at this level.

Every time the price pulled back, the EMA held firm, giving bulls a reason to stay confident.

The Immediate Target Is $4.80 – But That’s Just the Start

On the chart, Crypto GEMs has marked a clear short-term target: $4.80. Based on the height of the wedge and previous breakout behavior, this level makes technical sense. It’s also just above the recent local highs, which could act as a breakout point if the pattern resolves to the upside.

But while $4.80 is the technical target, the real shock came from the tweet calling for $10 in the near future. That would be more than a 150% increase from current levels – an ambitious call, especially without a confirmed breakout above $5.

So is it hype, or could SUI actually hit $10?

What Would It Take for SUI to Reach $10?

To be clear, the SUI chart doesn’t show a direct path to $10. It shows a series of bullish continuation patterns pointing to $4.80. But traders like Crypto GEMs often combine technical momentum with broader sentiment and market conditions when making these kinds of calls.

For SUI to reach $10, a few things would likely need to happen:

In crypto, price discovery phases can move fast. We’ve seen tokens double or triple in value within weeks during strong uptrends. So while $10 might sound wild now, if SUI builds up enough volume and clears resistance levels cleanly, it’s not out of reach.

Risk Still Exists – Consolidation Is Possible

That said, it’s not guaranteed. Just because SUI has followed this wedge-breakout pattern twice already doesn’t mean it will continue forever. Patterns break. Support levels fail. And traders need to manage risk accordingly.

If the current wedge fails to hold and the price falls below the 100 EMA, we could see SUI revisit previous support levels around $3.60 or even lower. But as long as price stays above that EMA and within the structure, bulls are in control.

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 18, 2025