{"id":903,"date":"2025-03-24T14:05:00","date_gmt":"2025-03-24T14:05:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=903"},"modified":"2025-03-24T13:45:55","modified_gmt":"2025-03-24T13:45:55","slug":"solana-price-skyrockets-140-sui-follow-suit","status":"publish","type":"post","link":"https:\/\/preprod.investx.fr\/en\/crypto-news\/solana-price-skyrockets-140-sui-follow-suit\/","title":{"rendered":"Solana Price Skyrockets Past $140 : Will SUI Follow Suit and Soar Next ?"},"content":{"rendered":"\n
After a challenging period, Solana (SOL) seems to be back on track. The token<\/a> recently managed to break a significant bearish pattern, the famous “falling wedge,”<\/strong> a very bullish technical signal. This breakthrough around $128<\/strong> has allowed SOL to soar to $140<\/strong>, a performance of +8%<\/strong> over the past week.<\/p>\n\n\n\n If the bullish momentum continues, the next technical targets are set at $153, at the 50-day moving average, and potentially at $181<\/strong> at the 200-day moving average. Such a scenario would represent a gain of 32%<\/strong> from current levels. <\/p>\n\n\n\n The MACD indicator, widely followed by traders, confirms this upswing in momentum<\/strong> with a bullish crossover of its two lines. Provided that the volumes follow suit, SOL could thus initiate a strong upward trend in the coming days.<\/p>\n\n\n\n Similar to SOL, SUI has followed a similar structure, moving within a “falling wedge” since its all-time high of $5.36<\/strong> reached on January 6th. The token has recently bounced off the support of the lower trendline at $1.97,<\/strong> and is currently trading at $2.39,<\/strong> nearing a crucial breakout point.<\/p>\n\n\n\n A confirmed breakout and a retest of the upper wedge limit could propel SUI towards the 50-day moving average and the target of $3.25<\/strong>. Sustained bullish momentum could even push SUI up to $3.73<\/strong>, at the 100-day moving average – representing a potential rise of 57%<\/strong> from current levels.<\/p>\n\n\n\n SUI’s MACD is also heading in a bullish direction<\/strong>, with a histogram showing a decrease in negative momentum, suggesting a possible trend reversal. If volumes support this breakthrough, SUI could follow the same path as SOL and begin a strong upward trend. The CMF is still negative on a daily basis, indicating a possible buying opportunity<\/strong> if the market picks up.<\/p>\n\n\n\n In conclusion, with Ethereum (ETH)<\/strong> leading the market recovery, altcoins like SOL and SUI are showing promising signs of a bullish reversal. If Bitcoin<\/a> and Ethereum<\/a> maintain their strength, the overall market could see new upward movements, propelling SOL and SUI even higher.<\/p>\n\n\n\n
<\/figure>\n\n\n\nSui (SUI) Getting Ready for a Potential Breakout!<\/strong><\/h2>\n\n\n\n
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