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    Home»Altcoins»Trader Says Solana Rival Primed To Hit New All-Time High in Coming Months, Outlines Path Forward for Bitcoin
    Altcoins

    Trader Says Solana Rival Primed To Hit New All-Time High in Coming Months, Outlines Path Forward for Bitcoin

    Team_SimonCryptoBy Team_SimonCryptoApril 25, 2025No Comments3 Mins Read
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    Cryptocurrency analyst and dealer Michaël van de Poppe is leaning bullish on the native token of a Solana (SOL) competitor whereas updating his outlook on Bitcoin (BTC).

    Van de Poppe tells his 784,200 followers on the social media platform X that the native token of the good contract platform Sui (SUI) now seems bullish after breaking out of a “essential resistance zone.”

    In response to the extensively adopted analyst and dealer, Sui may go up by not less than 74% over the approaching months.

    “SUI is probably going operating in the direction of a brand new all-time excessive within the coming quarter.”

    Sui is buying and selling at $3.08 at time of writing, down by round 43% from the all-time excessive of $5.35 reached in early January.

    Primarily based on Van de Poppe’s chart of Sui on the 12-hour time-frame, the extensively adopted analyst seems to counsel that the Solana rival may, over the brief time period, go as much as round $3.20, pull again to underneath $3.00, earlier than resuming the uptrend.

    Supply: Michaël van de Poppe/X

    Turning to Bitcoin, the extensively adopted analyst says that over the brief time period, the crypto king is more likely to endure a correction after a rally of roughly 27% from the 2025 lows reached earlier this month.

    In response to Van de Poppe, Bitcoin faces a “essential resistance” stage at across the $96,000 worth stage and a pullback would provide an accumulation alternative following the current “large breakout.”

    “Patrons are possible going to step in after which we will likely be persevering with our path in the direction of a brand new all-time excessive.”

    Supply: Michaël van de Poppe/X

    Bitcoin is buying and selling at $92,853 at time of writing.

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