Whereas Bitcoin consolidates and many buyers are not sure of the subsequent transfer, a few altcoins are displaying renewed momentum. Amongst them, ONDO and SUI have emerged with recent positive factors after a quiet pullback within the earlier week. Each of those cash noticed a surge on Monday, and it was practically 5 per cent. This positioned them for a attainable breakout as these positive factors are usually not pushed by hype however supported by dependable technical indicators, such because the MACD and RSI, which counsel rising bullish stress.
In a market that’s usually pushed by hypothesis, figuring out dependable altcoins to look at is essential for capturing early positive factors. ONDO and SUI are approaching main resistance ranges, and a confirmed breakout might result in double-digit share will increase within the quick time period. The current value actions, mixed with optimistic momentum indicators, level to a attainable rally for each tokens. Merchants and buyers ought to preserve a shut eye on these altcoins, particularly because the broader crypto sentiment slowly turns extra optimistic.
ONDO Bulls Take Cost as $1.02 Resistance Comes into View
Over the previous a number of buying and selling days, ONDO has proven indicators of power after discovering assist on a beforehand damaged descending trendline. This trendline, which has capped costs since mid-December, now serves as a sturdy basis for bullish motion. ONDO climbed 4.6 per cent between Wednesday and Saturday, dipped barely on Sunday, and started Monday buying and selling practically 5 per cent larger across the $0.87 degree.
Chart 1- ONDO/USDT Reside Worth, revealed on TradingView, April 21, 2025.
The subsequent key milestone is the 50-day Exponential Transferring Common, at the moment sitting at $0.89. A each day shut above this line would affirm short-term bullish power and might set off a transfer towards $1.02, which aligns with the 200-day EMA. In keeping with the newest ONDO value prediction, a break above this degree might push the asset even larger, doubtlessly retesting the March 6 excessive close to $1.20. This transfer would symbolize a 38 per cent upside from the present value.
SUI Eyes 30 Per Cent Rally if $2.34 Resistance is Damaged
SUI has additionally proven promising indicators after a sharp rejection earlier this month. The token confronted resistance close to its descending trendline on April 13 and dropped over 10 per cent by means of the weekend. Nevertheless, a sturdy 5 per cent rebound on Monday pushed SUI again above the trendline, and it at the moment trades round $2.22, displaying recent potential for a breakout.
For the uptrend to proceed, SUI wants to shut above its key weekly resistance degree of $2.34. If that happens, the token might rally as a lot as 30 per cent towards the subsequent resistance at $2.90. This degree not solely marks a technical goal but additionally serves as a psychological barrier that would entice much more patrons. Based mostly on present SUI value evaluation, such a breakout would possible sign the beginning of a stronger bullish part.
Chart 2- SUI/USDT Reside Worth, revealed on TradingView, April 21, 2025.
Technical indicators add additional assist to the bullish case. The MACD has already proven a bullish crossover, and the RSI is at 50 and pointing upward, suggesting that bearish stress is fading. For continued upward momentum, RSI should push clearly above 50 and maintain sturdy. If the value faces rejection at $2.34, nonetheless, it might drop again towards its April 7 low of $1.71, wiping out current positive factors.
Merchants on the lookout for high-reward setups might discover SUI to be a pretty candidate. Its value motion and chart construction point out that it is among the extra promising altcoins to look at this week.
Breakouts or Corrections Forward for ONDO and SUI?
ONDO and SUI have emerged as two of probably the most compelling altcoins to look at this week. Each are nearing necessary resistance ranges and present sturdy momentum primarily based on MACD and RSI alerts. With ONDO aiming to reclaim the $1.02 zone and SUI focusing on a $2.90 breakout, the technical setups are favoring the bulls.
These value ranges will likely be crucial in figuring out the short-term route. A profitable breakout might open the door to extra positive factors, whereas a failed try may invite pullbacks. Nonetheless, amongst a sea of unsure altcoins, ONDO and SUI are shining shiny. Whether or not you’re an lively dealer or a long-term investor, these belongings are effectively price monitoring within the days forward.
