The SUI worth is seeing renewed curiosity as analysts predict {that a} main worth transfer is underway. In line with an Elliott Wave evaluation, SUI is getting into Wave 3 and might be gearing up for an explosive surge to $10 by June.
Wave 3 Breakout To Push SUI Value Above $10
The SUI worth motion since April 2025 has adopted a textbook Elliott Wave sample, suggesting that the altcoin could also be getting into a robust uptrend. A technical evaluation shared by Crypto Bullet on X (previously Twitter) forecasts that SUI could also be getting ready for a parabolic run to or above $10 by June.
The analyst’s chart reveals that SUI has accomplished a five-wave impulse from April’s backside, which fashioned a Wave 1 construction. This was adopted by a wholesome worth correction, now labeled as Wave 2, which seems to be both full or very near its finish. The following leg in SUI’s Elliott Wave construction is Wave 3, traditionally the strongest wave and infrequently delivering features within the shortest interval.
Based mostly on the evaluation, the SUI worth is presently respecting the wave rely. The preliminary Wave 1 rally noticed robust momentum, clear sub-waves, and an outlined construction. Regardless of latest market uncertainty and the aftermath of the Cetus hack, the analyst famous that the correction section in Wave 2 was anticipated and essential to put together for the subsequent rally.
Based mostly on Crypto Bullet’s evaluation, SUI’s worth motion aligns virtually completely with the classical Elliott Wave Idea. The altcoin can also be poised to enter Wave 3 and probably catapult to bullish targets of $10 and past.
As of now, SUI is buying and selling at $3.64, but when the wave rely performs out as anticipated, the analyst predicts that the altcoin might quickly break resistance ranges close to $4.70 and $5.20 on its technique to a double-digit goal. The chart’s technical roadmap additionally suggests a possible climb towards the $13 – $14 vary throughout Wave 3, with an extra push towards $16 – $18 probably as Wave 5 unfolds later within the cycle.
SUI Prints Bullish MACD Cross
In line with a technical chart evaluation offered by Funkii.sui, a market analyst on X, the SUI worth has simply printed a bullish Transferring Common Convergence Divergence (MACD) crossover — a momentum shift that beforehand led to a rally of over 723.15%. This new crossover means that the altcoin could also be getting into a recent macro uptrend after months of consolidation and corrective motion.
At present, SUI technical indicators level to a powerful setup. On the weekly timeframe, the MACD line has crossed above the sign line, indicating a possible for a long-term development reversal. The final time this sign flashed, SUI surged from beneath $0.6 to almost $5.
In consequence, Funkii.sui predicts a possible transfer to $16 or increased, representing a acquire of over 593% if the identical sample repeats. The analyst’s chart reveals that SUI just lately rebounded from a key assist zone across the $1.8 – $2.00 vary. This bounce, mixed with a clear break above the 0.5 Fibonacci degree, alerts the doable finish of SUI’s downtrend and the start of a brand new impulsive wave.
Featured picture from Adobe Inventory, chart from Tradingview.com
Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluation by our crew of prime know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.
The SUI worth is seeing renewed curiosity as analysts predict {that a} main worth transfer is underway. In line with an Elliott Wave evaluation, SUI is getting into Wave 3 and might be gearing up for an explosive surge to $10 by June.
Wave 3 Breakout To Push SUI Value Above $10
The SUI worth motion since April 2025 has adopted a textbook Elliott Wave sample, suggesting that the altcoin could also be getting into a robust uptrend. A technical evaluation shared by Crypto Bullet on X (previously Twitter) forecasts that SUI could also be getting ready for a parabolic run to or above $10 by June.
The analyst’s chart reveals that SUI has accomplished a five-wave impulse from April’s backside, which fashioned a Wave 1 construction. This was adopted by a wholesome worth correction, now labeled as Wave 2, which seems to be both full or very near its finish. The following leg in SUI’s Elliott Wave construction is Wave 3, traditionally the strongest wave and infrequently delivering features within the shortest interval.
Based mostly on the evaluation, the SUI worth is presently respecting the wave rely. The preliminary Wave 1 rally noticed robust momentum, clear sub-waves, and an outlined construction. Regardless of latest market uncertainty and the aftermath of the Cetus hack, the analyst famous that the correction section in Wave 2 was anticipated and essential to put together for the subsequent rally.
Based mostly on Crypto Bullet’s evaluation, SUI’s worth motion aligns virtually completely with the classical Elliott Wave Idea. The altcoin can also be poised to enter Wave 3 and probably catapult to bullish targets of $10 and past.
As of now, SUI is buying and selling at $3.64, but when the wave rely performs out as anticipated, the analyst predicts that the altcoin might quickly break resistance ranges close to $4.70 and $5.20 on its technique to a double-digit goal. The chart’s technical roadmap additionally suggests a possible climb towards the $13 – $14 vary throughout Wave 3, with an extra push towards $16 – $18 probably as Wave 5 unfolds later within the cycle.
SUI Prints Bullish MACD Cross
In line with a technical chart evaluation offered by Funkii.sui, a market analyst on X, the SUI worth has simply printed a bullish Transferring Common Convergence Divergence (MACD) crossover — a momentum shift that beforehand led to a rally of over 723.15%. This new crossover means that the altcoin could also be getting into a recent macro uptrend after months of consolidation and corrective motion.
At present, SUI technical indicators level to a powerful setup. On the weekly timeframe, the MACD line has crossed above the sign line, indicating a possible for a long-term development reversal. The final time this sign flashed, SUI surged from beneath $0.6 to almost $5.
In consequence, Funkii.sui predicts a possible transfer to $16 or increased, representing a acquire of over 593% if the identical sample repeats. The analyst’s chart reveals that SUI just lately rebounded from a key assist zone across the $1.8 – $2.00 vary. This bounce, mixed with a clear break above the 0.5 Fibonacci degree, alerts the doable finish of SUI’s downtrend and the start of a brand new impulsive wave.
Featured picture from Adobe Inventory, chart from Tradingview.com
Editorial Course of for bitcoinist is centered on delivering completely researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent evaluation by our crew of prime know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.
