The crypto market is currently navigating turbulent waters, with sentiments running high after a startling 5.2% drop. Bitcoin’s recent slip below the $97,000 mark has intensified the atmosphere of fear and unpredictability in the market. Amid this backdrop, a noticeable shift in focus has emerged: one particular coin, SUI, is rapidly gaining attention.
SUI Price Shows Signs of Rally
According to the respected crypto trader Michael van de Poppe, SUI might be poised for a significant rebound. He highlights that the coin is currently hovering over a major long-term support level, a classic signal for a potential reversal. Sharing insights from a new weekly chart, van de Poppe notes that SUI is trading well below its 20-week moving average, suggesting it may be undervalued.
Historical trends give credence to his projections. The last time SUI experienced a similar price setup, back in March and April 2025, it registered over 100% gains shortly after hitting these pivotal levels. Traders are keenly watching these patterns unfold, with speculation about a potential upward trajectory toward $20.
SUI Key Price Targets
Based on his analysis, van de Poppe has identified two critical upside targets for SUI if it begins to recover:
- First target zone: approximately $2.70–$2.90
- Second target zone: around $3.27
Reaching these resistance points could confirm a decisive trend reversal, adding weight to SUI’s bullish outlook.
Why SUI Is Attracting Long-Term Interest
Beyond the technical charts, analysts are increasingly interested in SUI’s expanding ecosystem. The network has made significant strides in the Web3 and DeFi space, and the recent introduction of USDSui—a fiat-backed stablecoin from Stablecoin, a Stripe company—has caught the market’s eye.
During his visit to New York Blockchain Week, van de Poppe noticed a growing institutional interest in stablecoins, especially in light of new regulatory clarity stemming from the Genius Act. As SUI solidifies its position in this arena, the potential for increased long-term demand becomes evident.
SUI Price Prediction
Supporting van de Poppe’s call for a rebound, fellow crypto analyst Ali Martinez points out that SUI has re-established a bullish structure on the weekly chart. He notes that the token is forming a higher low—often a precursor to an upward reversal. Historical data shows that similar setups previously led to explosive gains; the last time SUI approached the lower boundary of its price channel, it surged an astounding 1,060%. Should this pattern repeat, Martinez suggests that SUI could leap as high as $20, representing an increase of over 860%.
Currently, SUI is trading at around $1.81, reflecting a 10% decline. However, analysts believe this dip could merely be part of a larger underlying setup, hinting that opportunities for recovery are on the horizon.
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