Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on the native token of a Solana (SOL) competitor while 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 smart contract platform Sui (SUI) now appears bullish after breaking out of a “crucial resistance zone.”
According to the widely followed analyst and trader, Sui could go up by at least 74% over the coming months.
“SUI is likely running towards a new all-time high in the coming quarter.”
Sui is trading at $3.08 at time of writing, down by around 43% from the all-time high of $5.35 reached in early January.
Based on Van de Poppe’s chart of Sui on the 12-hour time frame, the widely followed analyst appears to suggest that the Solana rival could, over the short term, go up to around $3.20, pull back to under $3.00, before resuming the uptrend.
