{"id":4889,"date":"2025-05-21T18:13:27","date_gmt":"2025-05-21T18:13:27","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/sui-preparing-for-another-leg-up-is-5-the-next-target\/"},"modified":"2025-05-21T18:13:27","modified_gmt":"2025-05-21T18:13:27","slug":"sui-preparing-for-another-leg-up-is-5-the-next-target","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/sui-preparing-for-another-leg-up-is-5-the-next-target\/","title":{"rendered":"SUI Preparing For Another Leg Up \u2013 Is $5 The Next Target?"},"content":{"rendered":"

After its breakout, SUI has been consolidating within a key range and has faced momentary resistance above the $4.00 level. Some analysts suggest that the cryptocurrency\u2019s next target sits near the $5.00 mark, as it could be repeating its all-time high (ATH) rally.<\/p>\n

SUI Party On Pause<\/h2>\n

SUI has seen an impressive 120% recovery from April\u2019s $1.76 low, reclaiming the $2.00 and $3.00 barriers in the past few weeks. The cryptocurrency has surged 85% in the last month despite its recent token unlock, rallying to a fourth-month high of $4.29 last Monday.<\/p>\n

However, SUI has retraced 10% from last week\u2019s high, hovering between the $3.60-$4.10 price range. Trader Froggy pointed out that the cryptocurrency is approaching the significant $4.00 resistance, which it has been unable to hold for seven days.<\/p>\n

Breaking above this level \u201cwill set the stage for a strong move up,\u201d he explained, adding, \u201cThis could be the trigger that breaks the range and opens up the next leg higher.\u201d<\/p>\n

\"SUI\"<\/p>\n

Meanwhile, Rekt Capital recently highlighted<\/a> that SUI has built a re-accumulation range, between $3.39 and $3.78, like it did in late 2024.<\/p>\n

At the time, the cryptocurrency consolidated around this range\u2019s upper boundary for weeks before Weekly Closing above this level and retesting it as support to confirm a breakout towards a new ATH.<\/p>\n

This time, SUI closed above the $3.78 mark two weeks ago and confirmed it as support last Sunday after closing the week at $3.94, which could suggest that a breakout to a new high is coming.<\/p>\n

SUI\u2019s Rally To $5.00 Loading?<\/h2>\n

Sjuul from AltCryptoGems considers<\/a> that SUI\u2019s consolidation is loading the cryptocurrency\u2019s next leg up, resembling its previous performance. According to the analyst, the altcoin is consolidating within a short-term bull flag and preparing for a breakout, like it did twice in the past month.<\/p>\n

Similarly, AltCryptoTalk affirmed<\/a> that SUI is \u201coverall bullish\u201d according to its recent all-time high (ATH) performance and advised investors not to let the recent pullback \u201cfool\u201d them, if it holds the $3.30 support.<\/p>\n

\"SUI\"<\/p>\n

The analyst noted that the cryptocurrency\u2019s latest ATH breakout saw a four-stage rally, with an initial big impulse and correction, and three smaller impulses followed by corrections.<\/p>\n

Based on this, SUI is likely preparing for the second smaller impulse, as it registered a bigger breakout in late April and a smaller rally in early May. However, he warned that the smaller impulse after a bigger one is \u201cusually a sign of weakness.\u201d<\/p>\n

For its next jump, the altcoin must break through the range\u2019s upper boundary, around the $4.00 mark, before continuing its rally.<\/p>\n

If history repeats, SUI could reach the $5.00 mark in the coming weeks, \u201cI’m waiting for this high or a new high to be formed and then to expect another bigger bullish wave,\u201d the analyst concluded.<\/p>\n

As of this writing, SUI trades at $3.84, a 2.1% increase in the daily timeframe.<\/p>\n

\"SUI,<\/p>\n","protected":false},"excerpt":{"rendered":"

After its breakout, SUI has been consolidating within a key range and has faced momentary resistance above the $4.00 level. Some analysts suggest that the cryptocurrency\u2019s next target sits near the $5.00 mark, as it could be repeating its all-time high (ATH) rally. SUI Party On Pause SUI has seen an impressive 120% recovery from…<\/p>\n","protected":false},"author":1,"featured_media":4890,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[2305,713,725,468,281,33,103,104,1228,2115,383,106],"class_list":["post-4889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency-market-news","tag-crypto-analsyt","tag-crypto-bull-run-2025","tag-crypto-market-correction","tag-crypto-market-recovery","tag-crypto-trader","tag-cryptocurrency-market-news","tag-sui","tag-sui-analysis","tag-sui-ath","tag-sui-breakout","tag-sui-price","tag-suiusdt"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=4889"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4889\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/4890"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=4889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=4889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=4889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}