The Sui Price recently made an impressive 40% surge before retracing to key levels. This bullish momentum has sparked a compelling Sui price prediction of a trend continuation towards $6. Crypto gurus are watching closely for confirmation as price consolidates near $3.03 and network activity increases. Also, technical and market data imply that momentum is moving towards buyers.
So, what are the chances of SUI reaching this target as the bull cycle emerges?
Sui technical analysis: SUI rebound validates historical pattern
The SUI price has gradually recovered after a steep decline that began in January 2025, where it dropped from around $4.50 to $1.80. This noteworthy comeback started in March after a major trend reversal. Earlier in February, prominent analyst Ali Martinez pointed to the April 2024 historical pattern on the SUI charts.
Source: Ali Martinez on X
The recent SUI rebound validates this pattern as confidence enters the market of a full-blown bullish trend. If the breakout continues to hold, a target price between $6 and $6.50 might be achieved. Seconding the bold Sui price prediction is CryptoFaibik. In an X post, the analyst pointed to the falling wedge pattern on the SUI charts.
According to him, Sui has made several attempts to break above the upper section of the trend line it has been trading on since the beginning of the year.
Source: CryptoFaibik on X
Interestingly, if the SUI price forms a mitigation block and stays above $3, it will validate the breakout and push the price towards the next resistance level at $4.5. However, a breach of support could push the price back to $2, where the next support stands at $1.95.
On-chain data supports a $6 Sui price prediction
Sui’s latest price forecast is not only based on fleeting price action, as recent reports from SUI’s trading address points in the same direction. Notably, SUI wallets have steadily increased their connections to the network during the past three months. According to OKLINK, SUI’s daily active addresses, mainly new wallets, increased from under 200,000 in early February to over 2 million in April.
This impressive metric suggests a growing user population and increased network activity for SUI. Active address distribution over longer time periods determines the long-term growth of a token. Although new network user additions have been made, the market is still in accumulation mode as users prepare for a trend continuation.
Remittix sees rising adoption as PayFi giant reaches near $15 million
Despite the compelling Sui price prediction, Remittix’s ICO launch draws investor attention to its low price entry and payment solutions, which it is actively rolling out. At $0.0757, the token makes an interesting presale offer against a potential launch price above $1. This is a defined 50x profit backed by on-chain mechanics, not marketing and hype.
What sets Remittix apart is its innovative utility. The new crypto eliminates complex payment barriers, allowing users to transfer cryptocurrency and instantaneously convert it to fiat across borders. This potential makes it a noteworthy contender, filling the gap that conventional platforms like Stripe and Wise left behind.
As the presale continues to build momentum, investors are buying into the project, and a rally could follow suit.
Conclusion
SUI could be on the verge of making big moves, especially as its network addresses continue to increase and a major mitigation block forms on its charts. Similarly, Remittix is fast becoming the next big thing that every investor is watching for a 50x return. So, the decision is in your hands, but remember diversification is key to a balanced portfolio.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
Disclaimer: This is a Press Release provided by a third party who is responsible for the content. Please conduct your own research before taking any action based on the content.
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