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Cryptocurrency News Articles

Web3Bay (3BAY) Quietly Becomes the Most Credible Breakout of 2025, Smart Money is Already Moving In

May 09, 2025 at 03:00 am

Sui's growing TVL, BNB's consolidation under $600, and Popcat's meme revival may dominate headlines, but real traction is happening elsewhere.

Web3Bay (3BAY) Quietly Becomes the Most Credible Breakout of 2025, Smart Money is Already Moving In

Sui (SUI): Layer-1 Blockchain Eyes $7 Milestone Amid Bullish Momentum

Sui (SUI) is currently showing strength with a price of $3.29, reflecting a 2.17% increase from the previous close. The intraday high and low are $3.43 and $3.14, respectively. In terms of technical indicators, a bullish crossover between the 50- and 200-day EMAs is approaching, which could signal further gains.

Moreover, SUI has surpassed $1.74 billion in Total Value Locked (TVL), highlighting the growing adoption of the network. As the cryptocurrency market becomes increasingly saturated, investors are shifting their focus to Layer-1 blockchains like SUI, known for their unique use cases and potential for disruption.

Analysts at Trading Standards are predicting that SUI could reach a high of $7.01 by the end of 2025. This prediction is based on SUI’s role in developing scalable infrastructure for the metaverse and its integration with Web3 technologies like ZkLogin for user-friendly login solutions. However, a short-term correction from current price levels is anticipated, with support levels anticipated around $3.20.

Investors are advised to keep an eye on key resistance levels at $3.42 and $4.00 to gauge the potential for breakout scenarios. A move above these resistance bands could lead to more significant price rallies in the coming weeks.

Popcat (POPCAT): Meme Shows Bullish Reversal, Targets $0.55

Popcat (POPCAT) is currently trading at $0.4169, marking a 0.63% increase from the previous close. The intraday high and low are $0.4273 and $0.3713, respectively.

After a period of consolidation, POPCAT has shifted from a bearish to a bullish trend on the daily chart, indicated by the formation of higher highs and higher lows. This price action is a strong sign of a prevailing bullish momentum.

After a recent surge from lows of $0.20s, Popcat has encountered selling pressure at the $0.48-$0.50 barrier, suggesting a key resistance zone. Moreover, price action has stalled at the 50-day exponential moving average (EMA), which could act as a crucial determinant of the next move.

Despite a recent rally, several technical indicators suggest that the bullish journey might just be beginning. Analysts at DigitalCoinPrice forecast that POPCAT could reach a maximum price of $0.5473 by May 12, 2025. This prediction factors in the coin’s unique characteristics, the broader cryptocurrency market trends, and the level of community engagement.

Binance Coin (BNB): Consolidates Below $600, Eyes $1,275 by Year-End

Binance Coin (BNB) is currently priced at $598.90, with a marginal increase of 0.17% from the previous close. The intraday high and low are $608.90 and $596.78, respectively.

As the price trades below the psychological $600 resistance, technical indicators are suggesting a potential breakout from a bullish flag pattern. This breakout could propel BNB towards the crucial resistance level at $620.

In a recent report, Standard Chartered forecasts that BNB could hit $1,275 by the end of 2025. This prediction is based on Binance’s role in expanding decentralized finance services and its status as a leading smart-contract platform.

Short-term price predictions from several analysts suggest a possible rise to $650. This prediction is contingent on breaking through current price resistance and sustaining the breakout throughout the day.

Investors are advised to monitor key support at $580 and resistance at $620 to assess potential price movements. A bounce off support could indicate strength in the current uptrend. Conversely, failure to hold support might signal further weakness, leading to a retest of lower support levels.

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Other articles published on May 09, 2025