Cryptocurrency markets are under pressure today after a 5.2% plunge, with fears compounded by Bitcoin falling below $97,000. But in the meantime, there is one coin that suddenly attracts attention, SUI.
According to well-known cryptocurrency trader Michael van de Poppe, the SUI price may be preparing for a massive rebound, the same area that has triggered massive rallies in the past, with some traders even seeing a move towards $20.
SUI price shows signs of rebound
Crypto trader Michael van de Poppe shared a new weekly chart showing SUI positioned just above a key long-term support area, calling it a classic setup for a strong reversal.
According to him, the token is trading well below its 20-week moving average, leaving a wide gap suggesting that SUI may be significantly undervalued.
He also pointed out that the last time SUI saw a similar setup was in March and April 2025, it delivered gains of over 100% shortly after reaching this level.
Sui Key Price Targets
Based on his chart, he added two important upside targets if SUI starts to recover.
- First target zone: approximately $2.70–$2.90
- Second Target Zone: Near $3.27
This level marks the next major resistance point for SUI, a break above which could confirm a stronger trend reversal.
Why SUI is of long-term interest
Besides chart patterns, what excites analysts the most is SUI’s growing ecosystem. The network has been steadily expanding in the Web3 and DeFi space, but it recently gained attention to a new level with the launch of USDSui, a fiat-backed stablecoin issued by Stablecoin, a Stripe company.
Van de Poppe said it was clear from his visit to New York Blockchain Week that institutional appetite is increasingly focused on stablecoins, especially after new regulations became clear under the Genius Act.
As SUI becomes a stronger player in its space, many analysts believe this could increase long-term demand.
SUI price prediction
Supporting Van de Poppe’s claims, cryptocurrency analyst Ali Martinez shared that SUI has finally returned to a bullish structure on the weekly charts. He pointed out that the token is forming higher lows, which is often the first sign of an upcoming reversal.
The last time SUI touched the bottom of the same price channel, it was up 1,060%. If the pattern repeats, Martinez believes SUI could rise to $20, an increase of more than 860%.
SUI is currently trading around $1.81, reflecting a 10% decline, but analysts say the decline may simply be part of a larger setup forming beneath the surface.
Trust CoinPedia:
CoinPedia has been providing accurate and timely cryptocurrency and blockchain updates since 2017. All content is produced by an expert panel of analysts and journalists following strict editorial guidelines based on EEAT (Experience, Expertise, Authority, Credibility). All articles are fact-checked against reputable sources to ensure accuracy, transparency and reliability. Our review policy ensures unbiased evaluations when recommending an exchange, platform, or tool. We strive to provide timely updates on everything cryptocurrency and blockchain, from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making any investment decisions. Neither the author nor the publication is responsible for your financial choices.
Sponsorships and Advertising:
Sponsored content and affiliate links may appear on our site. Ads are clearly visible and our editorial content is completely independent of our advertising partners.