SUI Crypto Can Reclaim $5 After This Buy Signal Only If…

Sui Network (SUI) crypto has shown substantial growth in trading volume, achieving a remarkable $315 Billion in total swap volume, reflecting a significant increase of 16.43% over the past 30 days.

This surge in volume began in mid-2023 and showed a consistent uptrend, especially notable from October 2024 to January 2025.

Each month saw progressively higher volumes, culminating in the latest peak, with October, November and December seeing around $150B, $200 and $275 respectively.

This increasing volume suggested a strengthening of the SUI ecosystem.

As volume grew, so did the liquidity and price stability of SUI, making it more attractive for larger transactions and investments.

The rise in trading activity is often a precursor to price movements, implying that SUI may be gearing up for price adjustments based on its enhanced market dynamics.

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If this trend in volume can continue, SUI may see higher prices. Conversely, should the volume surge prove unsustainable, it might lead to volatility or price corrections.

TD Sequential Presents Buy Signal on SUI Crypto

The SUI 12-hour chart recently noted a potential turning point, as the TD Sequential indicator flashed a buy signal, hinting at a potential price rebound.

Over the past week, SUI saw volatility yet in a downtrend, consistently forming lower lows but upon hitting a low of $3.62, it prompted traders to anticipate a possible reversal.

This buy signal around $3.77 suggested that SUI could be due for a recovery.

Historically, such signals on the TD Sequential have often led to price rebounds or at least a temporary halt in downtrends, providing traders an opportunity to enter at lower risk levels.

The presence of this buy signal and declining prices mirrors typical market responses where traders capitalize on oversold conditions.

If SUI breaks and stays above the average of current price above $3.90, an increase in price, potentially reclaiming its ATH of around $5.30, could be actualized.

However, there is always the risk that the buy signal does not lead to an uptrend. Market conditions can quickly change due to external factors such as sentiment, news, or broader economic indicators.

Conversely, SUI could potentially retest its lows below $3.60 once again. Therefore, traders should remain vigilant and consider both potential scenarios in their strategy.

Total Altcoin Market Cap

The total altcoin market cap also recently broke out signaling a potentially bullish phase for altcoins.

After a long consolidation, the market cap successfully breached resistance at $3 Trillion that had been in place since the peak of early 2021.

The breakout indicated potential altseason in early 2025 after pushing the valuation close to $4.19 Trillion.

Historically, similar breakouts preceded altseasons, where multiple altcoins, including SUI, saw exponential growth in market cap.

The current setup resembles the early stages of the 2021 rally when altcoins surged to all-time highs.

This could see SUI, which previously peaked at $5.30, see similar gains if the altcoin market cap stays above the breakout level confirming a new altseason.

Conversely, failure to hold above the level could result in a false breakout, leading to pullbacks. Breaching below the ascending support near $3.25 Trillion, could trigger a sell-off, tempering expectations for a sustained bull run.