Weekly Analysis of Altcoin Markets: $MATIC , $APT , $SUI - GNCrypto Analytics

MATIC has slightly paused its decline amidst an overall bearish trend in the altcoin market. Currently, the coin is trading between the support zone of $0.51–$0.54 and the resistance zone of $0.58–$0.60. 

The asset's future movement might be influenced by Bitcoin's chart trend. In a neutral or positive scenario, MATIC might attempt to reach the $0.64 seller’s level, but achieving a substantial upward trend requires significant buying volumes to swiftly overcome resistance levels. 

Otherwise, a further decline to new lows awaits, with the first psychological level at $0.50.

Aptos closely mirrors the market dynamics of MATIC. Currently, the asset is trading between a support zone of $6.38–$6.73 and a resistance zone of $7.4–$7.77, having reached this level after a prolonged correction. 

For growth to commence, APT needs a positive boost from an increase in BTC's price. In this scenario, the coin might challenge seller levels at $8 and $8.5, potentially resuming an upward trend. 

Alternatively, if the market turns bearish, APT may see a decline below the $6.4 mark.

SUI reached a record high of $2.12 at the end of March but has since undergone a correction of nearly 65%. 

Currently, the coin is being supported by a buyer's zone of $0.75–$0.80. If this range fails to hold, the price could plummet to a new low at $0.7. 

A recovery for SUI appears unlikely at present. Only a secure position above the seller's zone of $0.89–$0.94 would indicate a potential onset of an upward trend, which is premature to anticipate at this stage.