According to the website - By CoinsProbe

With the start of the third quarter, the cryptocurrency market continues its impressive growth from the second quarter. Ethereum (ETH) is leading and trading around $2500. In this bullish wave, many altcoins are showing strong technical setups — and Sui (SUI) looks particularly promising.
SUI has shown an impressive growth of 44% over the last 90 days, and its current Elliott wave structure is now attracting the attention of leading analysts — signaling the potential for a much larger upward trend in the coming months.

According to the latest data from crypto analyst XForceGlobal, SUI appears to be forming a rare but valid Leading Diagonal (LD) structure, characterized by a wave count of 5-3-3-3-5. This pattern suggests that the current movement is not just an ordinary bounce but possibly the beginning of a larger impulse wave aimed at significantly higher levels.

The chart also shows the formation of a diagonal channel, with SUI now rising within its third primary wave, which historically is often the strongest in Elliott wave theory. If this setup continues to play out, the next wave (3rd degree of the cycle) could potentially extend the rally into double-digit territory, with speculative forecasts targeting above $10 or even $13.50 before a larger corrective wave begins.

What’s next for SUI?
If SUI holds its position above the low of the current wave (2) and continues to move higher within the diagonal structure, it may enter a powerful breakout phase. Sustained movement above the $3.55–$4.30 zone is likely to confirm a bullish bias, especially if supported by increasing volume and momentum.

However, investors should also closely monitor the lower boundary of the ascending diagonal channel. A break below this zone could nullify the current wave assessment and lead to a deeper pullback — possibly back to the $1.71 area.


$BTC , $XRP , $BNB

#Сryptomarketnews , #TrumpTariffs

Here, in one news feed, we collect and publish the latest news from more than a dozen news websites and printed publications regarding changes in the cryptocurrency market and global financial changes!!!

Welcome to us! There’s enough news for everyone!!! 😉