SUI Eyes 50% Upside as Aptos Targets $10: Will They Lead the Next Crypto Surge?

The post SUI Eyes 50% Upside as Aptos Targets $10: Will They Lead the Next Crypto Surge? appeared first on Coinpedia Fintech News

Despite a minor pullback in Bitcoin under the $63k level, resulting in a deceleration in altcoins, SUI and APT continue to rise. With SUI surpassing the $2 mark and Aptos nearing the $10 psychological milestone, the upside potential in these two crypto is massive. 

Will these two crypto become the superstars of the next October rally in the crypto market? Check out Coinpedia’s SUI and APT crypto price analysis below to know more. 

Top-Performing Crypto This Week:

SUI (SUI)

With the SUI token reclaiming the $2 milestone, the 24-hour price jump records a 7.55% surge. This completes an 8.29% jump in the past seven days and a rounding bottom reversal in the daily chart. 

Tradingview

With the bullish engulfing candle formed last night, the crypto is now challenging the 100% Fibonacci level at $2.07. Currently, the SUI crypto is trading at $2.04 with a market cap of $5.63 billion. 

The upside chances are increasing as the MACD and signal line give a positive crossover in the positive territory with a surge in bullish histograms. With a neckline breakout at $2.07, the Fibonacci level spins the next potential target at the $1.00 psychological mark. 

Hence, with a 50% upside in the short term, SUI has a high chance of becoming the top-performing crypto this week.

Aptos (APT)

Aptos is trading at $8.91 with an intraday gain of 2.65%. In the daily chart, the APT crypto price action reveals a bullish breakout of a medium-term resistance trendline along with a crucial resistance of $7.42.

Tradingview

With a post-re-test reversal and a morning star pattern in early October, the bull run in APTOS price is sustaining dominance above the $8 mark. Furthermore, the crypto surpasses the 23.60% Fibonacci level at $8.11. 

Amid the increasing bullish influence, the 50-day and 200-day EMA are teasing a bullish crossover. The APT price action is teasing another morning star pattern to prolong the bullish rally. 

Based on the assumption that the trendline breakout rally will reach its pinnacle, the next potential target for APT crypto stands at 38.20% Fibonacci level at the $10 psychological mark. This will complete a rounding-bottom pattern in late October. 

Hence, for a prolonged rally, the rounding-bottom reversal shows a potential target at 61.80% and 78.60% Fibonacci levels at $13 and $15.28.

Interested in the future price targets of SUI above $2? Read our SUI Price Prediction to know how far the Solana killer could rise in the future!