JasmyCoin

<p>The crypto market has its eyes on<a href="https://captainaltcoin.com/analyst-reveals-what-could-drive-sui-price-17x-as-sui-inflows-surpass-solana-and-ethereum/" target="_blank" rel="noopener noreferrer nofollow"> SUI</a>, as it is showing promising signs of breakout potential. Analyst Paraboli8crypto explained SUI’s prolonged consolidation phase on X (formerly Twitter), drawing parallels to a similar trend earlier this year that led to a significant price surge.&nbsp;</p>
<p>Market observers are guessing as to whether this phase is a setup for another rally in the 2024–2025 bull market, given that SUI has been range-bound for more than 40 days.</p>
<h2 class="wp-block-heading" id="sui-technical-analysis-extended-consolidation-phase">SUI Technical Analysis: Extended Consolidation Phase</h2>
<p>The most recent data shows that <a href="https://captainaltcoin.com/sui-price-could-rise-past-3-heres-why/" target="_blank" rel="noopener noreferrer nofollow">SUI’s price</a> has been varying within a specific range, roughly ranging from $1.84 to $2.20. This extended 40-day consolidation is similar to the range pattern that was seen earlier this year, when SUI consolidated for about 38 days between $0.75 and $0.85.&nbsp;</p>
<p>Paraboli8crypto mentioned that this kind of range-bound behavior often precedes a breakout, with potential for increased price momentum. The current price range suggests that traders may be waiting for a decisive move before entering substantial positions.</p>
<p>This setup has clear support and resistance levels: $1.84 has consistently acted as support, signaling buyer interest, while $2.20 serves as resistance, holding back upward movements. A breakout above $2.20, especially with a surge in trading volume, could mark the beginning of a strong upward trend, similar to the previous breakout that saw SUI’s price increase by over 173%.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="666" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-1024x666.png" alt="" class="wp-image-578461" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-1024x666.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-300x195.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-768x499.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-1536x998.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-2048x1331.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-231x150.png 231w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-100x65.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-336x220.png 336w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-538x350.png 538w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160-788x512.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-160.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: <a href="https://x.com/paraboli8crypto/status/1853592089612976373" target="_blank" rel="noopener noreferrer nofollow">X/Parabolic8crypto</a></em></strong>
 </figcaption>
</figure>
<h2 class="wp-block-heading" id="previous-breakout-as-a-roadmap">Previous Breakout as a Roadmap</h2>
<p>SUI’s price surged from about $0.75 to $2.20 earlier in 2024 after breaking out of a 38-day consolidation phase, demonstrating its potential for quick gains. The current range consolidation is drawing comparisons to this previous price action.&nbsp;</p>
<p>If SUI can clear the $2.20 resistance, traders and analysts are speculating on the possibility of a similar rally, with projections suggesting gains that could push <a href="https://coinmarketcap.com/currencies/sui/" target="_blank" rel="noopener noreferrer nofollow">SUI’s price</a> toward the $3.30 to $3.70 range.</p>
<figure class="wp-block-image aligncenter size-large"><img loading="lazy" decoding="async" width="1024" height="666" src="https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-1024x666.png" alt="" class="wp-image-578453" srcset="https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-1024x666.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-300x195.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-768x499.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-1536x998.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-2048x1331.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-231x150.png 231w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-100x65.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-336x220.png 336w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-538x350.png 538w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159-788x512.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/11/image-159.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption"><strong><em>Image Source: X/Parabolic8Crypto</em></strong>
 </figcaption>
</figure>
<p>Paraboli8crypto emphasized SUI’s potential to be a key Layer-1 blockchain in the next bull market cycle. The analyst expressed optimism that the ongoing consolidation phase could precede a breakout, leading to strong performance in the 2025 market. This perspective aligns with broader market sentiment about Layer-1 solutions, with SUI viewed as a strong contender for future growth.</p>
<p><strong><em>Read Also: <a href="https://captainaltcoin.com/is-jasmycoin-jasmy-price-running-out-of-steam-analyst-predicts-limited-upside/" target="_blank" rel="noopener noreferrer nofollow">Is JasmyCoin (JASMY) Price Running Out of Steam? Analyst Predicts Limited Upside</a></em></strong></p>
<h2 class="wp-block-heading" id="volume-trends-and-breakout-indicators">Volume Trends and Breakout Indicators</h2>
<p>Historical data shows that volume increases have played a critical role in previous SUI breakouts. Currently, volume levels remain steady, as expected in consolidation phases. A notable increase in trading volume could act as an indicator of an impending breakout, suggesting heightened interest from buyers and possibly sparking a rally. As SUI continues to consolidate, traders may look for these volume spikes as confirmation of upward momentum.</p>
<p>With SUI’s consolidation phase extending and support levels holding firm, the market’s focus remains on a potential breakout. Whether SUI can replicate its previous pattern and capture a substantial price rally remains to be seen, but analysts and traders are watching.</p>
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<p>The post <a href="https://captainaltcoin.com/is-sui-price-getting-ready-for-a-massive-2025/" rel="noopener noreferrer nofollow">Is SUI Price Getting Ready for a Massive 2025?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Is SUI Price Getting Ready for a Massive 2025?

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