The crypto bull market is back on. While Bitcoin and Solana meme coins like Fartcoin and Popcat grabbed headlines on Tuesday, Sui quietly emerged as one of the top-performers on the day.
The Sui price broke out of its macro descending trendline, trading as high as $2.80 in the aftermath. It is now up by more than 60% since its April 7th bottom and over 25% in the past 24 hours.
Sui price predictions from prominent analysts also indicate a high likelihood of bullish continuation, and subsequently, a new all-time high.
Sui Price Prediction — Is It A Good Time To Buy?
Sui, one of the top performers in the 2024 bull run, has started another explosive rally.
$SUI finally broke out of its macro descending resistance trendline, indicating that its downtrend is over and a push towards new highs has started.
It is currently attempting to flip the $2.80 resistance level into support, which would provide an excellent buying opportunity for sidelined investors. A rejection would likely mean that interested buyers could wait for a successful retest of the $2.35 support.
$SUI’s Relative Strength Index also indicates a strong possibility of bullish continuation. While its RSI has reached the overbought territory in the 4-hour time frame, there is no bearish divergence yet. Moreover, the daily and weekly RSI show substantial room for further expansion.
Its sharply increasing Cumulative Volume Delta confirms this bullish thesis, as does SUI’s futures depth chart on Binance, which indicates that buyers are aggressively looking to buy the dip while sellers aren’t as enthusiastic.
Sui price predictions from prominent analysts suggest a high likelihood of new all-time highs in the coming weeks. While Solberg Invest anticipates $5.30 in the mid-term, Crypto Bullet is calling for $8 before the end of the year.
Simply put, sidelined investors aren’t too late in buying Sui, and it still remains one of the best cryptos to buy now.
Could MIND of Pepe Be The Next 100x Crypto?
Sui’s bullish strength is a clear indication that utility coins are back in high demand. Unsurprisingly, whales are on the hunt, searching for the next 100x crypto among low-cap gems. One such project, MIND of Pepe (MIND), has emerged as a standout choice.
$MIND is an AI agent coin, currently in strong demand during its presale. Its Initial Coin Offering has raised over $8 million in short order, a strong vote of confidence from investors.
The AI crypto sector is poised for a major comeback in the upcoming bull run, as already evident by the strength of Bittensor, Render, and Fartcoin.
However, MIND of Pepe is one of the rare Ethereum-based AI agent coins, making it an attractive investment for the bull market. Its small market cap further improves its appeal.
MIND of Pepe is a self-sovereign AI agent, designed to be an LLM-powered crypto engine. It is tasked with delivering cutting-edge market alpha as actionable tips to MIND holders — whether it is whales’ accumulation patterns, strong sentiment shift, or technical chart patterns.
The AI agent can also interact with social media influencers through its sovereign X and Telegram accounts, as well as launch its own meme coins. MIND holders will stand to benefit from all its activities.
Owing to its unique value proposition, prominent analysts are calling MIND the next 100x crypto and one of the best investments for the upcoming bull market.
