SUI Ready For $7 Price Target As Market Pressure Builds — Analyst

Amid a new wave of economic tensions between the US and China, Sui (SUI), alongside other cryptocurrencies, has experienced a heavy price decline in the past few hours as investors move their capital into more stable assets. Despite this mayhem, prominent market analyst Ali Martinez is backing SUI’s bullish potential, projecting the altcoin to establish a new all-time high before 2025 ends. Related Reading: Bitmine Receives 23,823 Ethereum From BitGo As Institutional Accumulation Continues SUI’s Path To $7 In an X post on October 11, Ali Martinez shares an in-depth market analysis indicating that SUI may be on the verge of a major breakout. Notably, the daily SUI/USDT chart reveals a tightening price pattern, suggesting an impending significant price upswing provided the cryptocurrency can achieve a breakout from its current consolidation range source: https://www.newsbtc.com/sui/sui-ready-for-7-price-target-as-market-pressure-builds-analyst/