SUI Price to Reach $10 according to Wave 3 Predictions, suggesting a ten-dollar value in June.
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The price of SUI is garnering renewed attention as analysts anticipate a substantial price move. According to Elliott Wave analysis, SUI may be entering Wave 3, potentially setting the stage for an exciting surge toward $10 by June.
Wave 3 Poised to Propel SUI Above $10
Since April 2025, the price action of SUI has followed a typical Elliott Wave pattern, hinting at a powerful uptrend. A technical analysis shared by Crypto Bullet on X suggests that SUI could be preparing for a parabolic rise to or above $10 by June.
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The analyst's chart shows that SUI has completed a five-wave impulse from April's bottom, forming a Wave 1 structure. This was followed by a healthier price correction, now labeled as Wave 2, which seems to be nearing completion. The next stage in SUI's Elliott Wave structure is Wave 3, historically the strongest wave and often delivering gains in the shortest time.
Based on the analysis, SUI is currently adhering to the wave count. The initial Wave 1 rally demonstrated strong momentum, distinctive sub-waves, and a clear structure. Despite recent market turbulence and the aftermath of the Cetus hack, the correction phase in Wave 2 was expected and necessary to prepare for the next rally.
aligned almost perfectly with the classical Elliott Wave Theory. SUI is also positioned to enter Wave 3 and potentially catapult to bullish targets of $10 and beyond.
As of now, SUI is trading at $3.64, but if the wave count plays out as expected, the analyst predicts that the altcoin could soon break through resistance levels near $4.70 and $5.20 en route to a double-digit target. The chart's technical roadmap also suggests a potential climb toward the $13 - $14 range during Wave 3, with a further push toward $16 - $18 possible as Wave 5 unfolds later in the cycle.
SUI Registers Bullish MACD Cross
According to Funkii.sui, a market analyst on X, the SUI price has recently printed a bullish Moving Average Convergence Divergence (MACD) crossover - a momentum shift that historically preceded a rally of over 723.15%. This new crossover signals that the altcoin could be entering a fresh macro uptrend after months of consolidation and corrective movement.
Currently, SUI technical indicators suggest a robust setup. On the weekly timeframe, the MACD line has crossed above the signal line, indicating a potential long-term trend reversal. The last time this signal surfaced, SUI surged from under $0.6 to nearly $5.
Funkii.sui predicts a potential move to $16 or higher, representing a gain of over 593% if the same pattern repeats. The analyst's chart shows that SUI recently rebounded from a key support zone around the $1.8 - $2.00 range. This bounce, combined with a clean break above the 0.5 Fibonacci level, signifies the possible end of SUI's downtrend and the beginning of a new impulsive wave.
Editorial Process
Several predictions and factors influence SUI's price, such as its integration into the Axelar Network and features like zkLogin. However, these factors do not specifically mention a surge to $10 as suggested by Elliott Wave analysis or MACD crossover. As of now, there is no direct evidence from the available search results that directly supports this prediction for SUI's price surge to $10 by June.
In light of the renewed interest in SUI, it's worth considering other altcoins for potential investing opportunities within the finance sector. The strong wave structure and bullish MACD cross indicate that SUI could surge significantly, possibly reaching beyond $10, if it follows the Elliott Wave and MACD patterns.
