The post Sui (SUI), Near Protocol (NEAR), and Sonic (S) Poised to Lead Altcoin Surge appeared on BitcoinEthereumNews.com.

As Bitcoin (BTC) prepares to break out of its bull flag, the altcoins are jockeying for position, ready to make their own breakouts. $SUI, $NEAR, and $S are among those who have the potential to lead the field. $SUI breakout imminent Source: TradingView $SUI has arguably been the top layer 1 play for this bull run. A massive 1,065% run up in the last quarter of 2024 really put this network on the map as a strong competitor to Ethereum (ETH) and Solana (SOL). However, after such a hot streak, a decent downside period was definitely needed. As can be seen in the chart above, the price has been falling inside of a descending channel for a period of a few weeks, and is now looking like it might break out, if of course it can also get above the $2.78 horizontal resistance level. $SUI heading back to $4.30? Source: TradingView Zooming out into the weekly time frame it looks as though $SUI is breaking out already, and that it is just coming back to confirm the breakout, plus $2.78 as potential new support. With a higher low checked off by the bulls, it now remains to be seen whether this next surge can take out the swing high at $4.30. If the Stochastic RSI indicator lines can tick back up, this could provide the upside price momentum that is required. $NEAR bottoming pattern playing out Source: TradingView The $NEAR price is sporting a bottoming pattern. A double-bottom has been made, and now it just remains for the price to break out beyond the descending trendline and the $2.28 resistance. That said, the size of the task awaiting the $NEAR bulls is akin to scaling Everest. Just getting back to the last big local swing high would be a 4x…

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Filed under: News - @ July 3, 2025 1:28 pm