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<p>With the altcoin leader, Ethereum holding its price above the $2,600 mark, the Layer-1 (L1) market has regained momentum. Notably, some altcoins have recorded a double-digit surge within the past seven days. This indicates a rising dominance of altcoins in the crypto space.</p>  
<p>Following this, investors are raising speculations about a potential AltSeason. Further, questions like “Is this the right time to invest in crypto?” and “Has the Altcoin rally started?” have stormed the internet.</p>  
<h2 class="wp-block-heading" id="h-sui-sui-price-analysis">SUI (Sui) Price Analysis</h2>  
<p>Despite recording a correction of 3.14% in the past day with a trading volume of $605.93 million, the SUI price has jumped 26.04% over the past week. Moreover, it has jumped 86.71% during the past month and has a YTD return of ~120%.</p>  
<figure class="wp-block-image"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/26165218/image-595.png" alt="Sui Price Analysis 26th Sept 2024" class="wp-image-355890">
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<p>The Simple Moving Average (SMA) constantly acts as a support to the SUI price chart in the 1D time frame. Moreover, the MACD indicator shows a constant green histogram. This suggests that the SUI price will continue gaining value in the coming week.</p>  
<p>If the market continues trading under a bullish sentiment, this could result in the SUI price heading toward its yearly high of $2.1850. Conversely, if a bearish reversal occurs, the SUI coin price may plunge toward its low of $1.290.</p>  
<p>Interested in the future price targets of SUI? Read our <a href="https://coinpedia.org/price-prediction/sui-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Sui Price Prediction</a> for more details.</p>  
<h2 class="wp-block-heading" id="h-sei-sei-price-analysis">Sei (SEI) Price Analysis</h2>  
<p>With a jump of ~35% over the past week, the SEI coin price has successfully breached its important resistance level of $0.4085. Moreover, it has surged 37.18% over the past month. This indicates a long-term bullish sentiment for the altcoin.</p>  
<figure class="wp-block-image"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/26165218/image-596.png" alt="Sei Price Analysis 26th Sept 2024" class="wp-image-355891">
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<p>The Relative Strength Index (RSI) continues to trade above the overbought range in the 1D time frame. Further, its 50/200-day EMA is on the path of experiencing a Golden Cross. This highlights a bullish outlook for the altcoin in the coming time.</p>  
<p>Maintaining the price above its support level of $0.4085 will set the stage for the SEI price to head toward its resistance level of $0.6015. On the flip side, a bearish reversal could pull the price of the SEI token toward its lower support level of $0.2265 during the upcoming weeks.</p>

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