SUI Crypto Price: Could It Skyrocket to $10 as the Market Enters an Expansion Phase?
Jakarta, Pintu News – A renowned crypto analyst has identified bullish technical signs on Sui that could potentially push its price to the $8 to $10 range, as the overall market begins to enter an expansion phase.
According to the analyst, current market conditions suggest structural support which could be an indication that the altcoin is preparing to experience a significant price spike.
Technical Patterns Show Upside Potential in the Near Future
In the chart shared by the analyst, the price of SUI appears to be forming a long-term rising channel pattern, where the current price movement is around the lower limit of the trend.
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The price alignment along this rising channel boundary suggests that the altcoin has the potential to continue its upward momentum, driven by improved market sentiment.
This phenomenon is a frequent technical structure, similar to other situations where tokens experience a price spike after a prolonged period of consolidation, signaling the beginning of a new trend.
Business Cycle Indicators Leading to Growth Phase
Analysts also highlighted broader market indicators relating to the business cycle, which is likely to start moving towards an expansion phase. These indicators can have a major impact on the performance of risky assets like crypto.
As the market moves from a contraction or consolidation phase to an expansion phase, market participants typically anticipate greater capital flows and a return of bullish sentiment. If this happens, asset rotation could benefit projects like SUI.
Key Levels to Watch for Confirmation
Based on technical analysis, a potential breakout above $0.423 could be an initial signal towards the upside target. The next important level identified is around $0.517, and if momentum continues, long-term targets are expected to be in the range of $8 to $10.
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These levels are based on previous highs within the rising channel, which also reflects areas where selling pressure once appeared.
Market Context Favors a Bullish Scenario
The crypto market in general is showing an increased risk appetite, especially in early 2026. With Bitcoin stabilizing and altcoins starting to show positive movement, there are indications that investors may start shifting their capital to assets like SUI that have shown resilience.
In addition, the underlying interest in the ecosystem as well as the growing adoption narrative around SUI also reinforces its positive outlook.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.
Reference:
- TronWeekly. SUI Could Rally Toward $10 as Market Enters Expansion Phase: Analyst. Accessed on January 21, 2026
