Analysts expect Sui to be able to outperform Solana and XRP in 2025 due to breaking out of the inverse shoulder pattern and another expectation is that the asset will launch its comeback to reach $15 in Q1 2025.
Sui remains one of the best performing cryptocurrencies in the current cycle, up 165% over the past 90 days. Meanwhile, Real Vision CEO Raoul Pal believes that the asset can continue this rally and outperform XRP and SOL for the rest of the cycle.
According to him, Sui is breaking out of a reversal of the shoulder pattern to renew its gains. Amidst this context, SOL could also record a great run, according to the analyst:
“Solana is a more established second-cycle protocol, and will likely perform well. But SUI, which is newer and riskier, looks like it will provide alpha at this point in the market… We’ve reached the bottom of SUI’s kinetic channel, and it will likely outperform XRP in the future.”
On the other hand, XRP is said to be building a series of legs that could set it up for a rally. According to Raul, XRP is breaking out of a seven-year downtrend.
“The massive 7-year leg on the weekly chart of XRP has been broken, and it’s not clear where this could go. It’s very strong.”
Regarding his ultimate investment strategy, Pal emphasized the importance of concentration over diversification. According to him, spreading your funds across multiple cryptocurrencies leads to lower performance. To capitalize on the current rally, Pal emphasized the importance of focusing 80-90% of your portfolio on major tokens like Solana, Ethereum, and Bitcoin.
Sui Investment Strategy:
According to the analyst, investors should allocate a smaller portion of their assets to high-potential assets such as Sui. According to his experience, the coins mentioned below the portfolio may pose a risky portion. However, investors should be prepared for potential losses.
“You will enjoy meme coins, but they will likely bring you loss.”
Sui is currently trading at $4.2 after gaining 7.2% in the past 24 hours. Meanwhile, the daily price chart shows an impulsive Elliott wave structure, with the last wave rising to $5 on December 16. From this level, the price has entered a corrective phase, with Fibonacci levels showing a contraction to $4.16, $3.67, and $3.28.
The asset’s Relative Strength Index (RSI) was showing signs of underlying divergence. Surprisingly, an analyst known as JoshuaOrhue.sui predicted that Sui could reach $15 in the first quarter of 2025. Another analyst named Greny also believes that the asset could reach $25.
“SUI is an altcoin that I think has the potential to outperform many others: $25+ is completely achievable.”
Sui (SUI) Price Prediction 2030:
According to your Sui price prediction, the value of SUI could increase by +5% and could reach $5.522853 by 2030.