Cryptocurrency analyst and trader Michaƫl van de Poppe is leaning bullish on the native token of a Solana (SOL) competitor while updating his outlook on Bitcoin (BTC).
Van de Poppe tells his 784,200 followers on the social media platform X that the native token of the smart contract platform Sui (SUI) now appears bullish after breaking out of a ācrucial resistance zone.ā
According to the widely followed analyst and trader, Sui could go up by at least 74% over the coming months.
āSUI is likely running towards a new all-time high in the coming quarter.ā
Sui is trading at $3.08 at time of writing, down by around 43% from the all-time high of $5.35 reached in early January.
Based on Van de Poppeās chart of Sui on the 12-hour time frame, the widely followed analyst appears to suggest that the Solana rival could, over the short term, go up to around $3.20, pull back to under $3.00, before resuming the uptrend.
Turning to Bitcoin, the widely followed analyst says that over the short term, the crypto king is likely to undergo a correction after a rally of approximately 27% from the 2025 lows reached earlier this month.
According to Van de Poppe, Bitcoin faces a ācrucial resistanceā level at around the $96,000 price level and a pullback would offer an accumulation opportunity following the recent āmassive breakout.ā
āBuyers are likely going to step in and then we will be continuing our path towards a new all-time high.ā
Bitcoin is trading at $92,853 at time of writing.
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The post Trader Says Solana Rival Primed To Hit New All-Time High in Coming Months, Outlines Path Forward for Bitcoin appeared first on The Daily Hodl.
āĀ Cryptocurrency analyst and trader MichaĆ«l van de Poppe is leaning bullish on the native token of a Solana (SOL) competitor while updating his outlook on Bitcoin (BTC). Van de Poppe tells his 784,200 followers on the social media platform X that the native token of the smart contract platform Sui (SUI) now appears bullish after
The post Trader Says Solana Rival Primed To Hit New All-Time High in Coming Months, Outlines Path Forward for Bitcoin appeared first on The Daily Hodl.Ā Altcoins, Bitcoin, BTC, News, suiĀ
This articles is written by : Nermeen Nabil Khear Abdelmalak
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