SOL, SUI, XRP Worth Prediction — Which Altcoin Is Extra Bullish in Might 2025?…
As of April 24, SOL trades round $148.74 after being rejected close to the wedge’s higher boundary. A breakdown from this formation might set off a decline towards $130.94 and $114.07, marked as assist targets.
Compounding the bearish view, SOL stays beneath its 200-day EMA ($163.05), an indication that the broader development nonetheless favors the draw back.
Whereas quantity and momentum have supported the latest rally, the Relative Energy Index (RSI) is flattening close to 62.45, hinting that bullish energy could wane. Except SOL breaks convincingly above $160, the wedge favors the bears.
Sui Breaks Out of Falling Wedge, Eyes 40% Rally
Sui (SUI) is displaying sturdy bullish intent following its breakout from a falling wedge sample, a basic reversal setup that usually precedes sharp upside strikes. The breakout, which occurred earlier this week, propelled SUI above its 50-day and 200-day EMAs, which now act as assist at $2.46 and $2.75, respectively.
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