The post SUI Price Builds Ascending Triangle as Analysts Project Price Discovery Above ATH appeared on BitcoinEthereumNews.com.

The post SUI Price Builds Ascending Triangle as Analysts Project Price Discovery Above ATH appeared first on Coinpedia Fintech News On the macro chart, the SUI price has been consolidating after an extraordinary rally in Q4 2024, where it surged nearly 1000% from $0.48 to $5.34.  Since this massive increase in price, the asset on the macro chart has moved into a converging pattern throughout 2025, but recent technical setups and strong network growth suggest a breakout could be approaching this quarter that may conquer the ATH. While analysts predict the odds of even entering price discovery mode this year. Q4 Rally and 2025 Consolidation Have Built a Strong Pattern In SUI Price Technically, on the weekly SUI price chart, the asset’s biggest move came at the end of 2024 when it climbed from $0.48 to $5.34 in just three months.  However, the next year’s first half of 2025 has been relatively muted compared to that explosive growth, but the price action shows something big brewing in SUI Network.  As Q1, Q2, and the ongoing Q3 have shown, a converging price action that closely resembles a symmetrical triangle formation. Once confirmed, the targets are bullish based on their intact bullish structure so far. How was SUI Price Action in Q3 2025? In the current quarter, July brought bullish demand, where this symmetrical pattern played its role on the weekly chart as the SUI/USD reflected a sharp rise from the lower border of this triangle to the upper edge, marking a 90% surge from $2.29 to $4.42.  Yet, August brought a pullback toward a key support level near $3.32. If this zone holds and bullish demand steps in, analysts anticipate a retest of the upper border of the pattern.  A successful breakout could send the SUI price forecast toward $5.37 in…

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Filed under: News - @ August 20, 2025 5:28 pm