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Cryptocurrency exchange Cryptocom received a Wells notice from the SEC, and regulatory pressure on the industry remains strong. While investors anticipate a bullish trend in the last quarter, several positive developments are overshadowed by emerging clouds, as seen in today’s updates. What is the current situation for the once-popular altcoin SUI Coin? How much will EIGEN Coin be worth? Let’s examine experts’ evaluations from the past few hours.
SUI Coin Price Target
Michael Poppe was the first analyst to provide a price prediction for the popular SUI Coin. In his assessment shared a few hours ago, he expressed satisfaction with its all-time high, stating;
“SUI reached its all-time high.
I couldn’t find an opportunity to enter, and it might have seen its true peak. I am looking at the same area or $1.85 for entry points. It has been a significant rally.”
Sales at $2.26 could lead to a decline to $1.42 after $1.79 and $1.6. BTC price performance will be decisive going forward. Given the increase in network activity, SUI Coin has significant potential for positive differentiation in a possible BTC rise.
CryptoBullet also shared the SUI chart about three hours ago. He highlighted the cup and handle formation, indicating further upward potential. He underscores network strength, suggesting that higher levels could be targeted.
“I know selling $SUI here might seem appealing, but timing would be wrong. What we are currently observing is the fourth test of the $2 level. The more a level is tested, the higher the likelihood of a breakout.
This Cup and Handle looks very bullish to me. And yes, you shouldn’t forget that.
Yesterday #SUI nearly reached a $6 billion market cap (ranked #18 on CMC).
In the last three days, TPS has exceeded 1000.
According to total locked value, it’s the second largest blockchain outside of EVM.
The analyst’s target spans much larger peaks from $4.3 to $11.5.
EIGEN Coin Predictions
Popular crypto analyst Daan Crypto Trades recently shared his updated chart for the new altcoin EIGEN Coin. He points out the resistance level, reminding that a parabolic rise is expected to begin.
“EIGEN is trading near a high-volume key point close to its range’s midpoint.
If it breaks the $3.7-$3.75 resistance, it will likely be worth watching. Airdrop coins usually trade downwards and remain in range until they attempt a rally.”
