{"id":10617,"date":"2025-08-08T18:31:46","date_gmt":"2025-08-08T18:31:46","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=10617"},"modified":"2025-08-08T18:31:48","modified_gmt":"2025-08-08T18:31:48","slug":"algo-avax-and-sui-look-ready-to-pop-heres-what-the-charts-are-telling-us","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/08\/08\/algo-avax-and-sui-look-ready-to-pop-heres-what-the-charts-are-telling-us\/","title":{"rendered":"ALGO, AVAX, and SUI Look Ready to Pop Here\u2019s What the Charts Are Telling Us"},"content":{"rendered":"\n

Three altcoins Algorand (ALGO)<\/strong>, Avalanche (AVAX)<\/strong>, and Sui (SUI)<\/strong> are starting to flash bullish technical signals, and traders should be watching closely. Whether it\u2019s reclaimed levels, clean setups, or bullish moving average formations, all three are nearing key resistance zones that could lead to breakouts in the days ahead<\/strong>.<\/p>\n\n\n\n

Let\u2019s break down what\u2019s happening and what to look for next.<\/p>\n\n\n\n

ALGO: Reclaiming Its Neckline and Gearing Up for More<\/strong><\/h3>\n\n\n\n

After carving out a clean double bottom<\/strong> pattern with a neckline at $0.26<\/strong>, ALGO broke out and surged as high as $0.34<\/strong> nearly hitting its full measured move target. Then came a healthy pullback to $0.22<\/strong>, but bulls weren\u2019t done.<\/p>\n\n\n\n

ALGO has since bounced back and is trading at $0.27<\/strong> as of this writing. That quick reclaim of the $0.26 neckline shows buyers are still stepping in. A clean daily close above $0.27<\/strong>, followed by sustained volume, could put the $0.34 high back in play<\/strong>, and possibly even a new higher high<\/strong> within the next week.<\/p>\n\n\n\n

\ud83d\udccd Key levels to watch<\/strong>:<\/p>\n\n\n\n

    \n
  • Support: $0.26<\/li>\n\n\n\n
  • Resistance: $0.34<\/li>\n\n\n\n
  • Target if breakout confirmed: $0.36+<\/li>\n<\/ul>\n\n\n\n

    AVAX: The Breakout That Keeps You Guessing<\/strong><\/h3>\n\n\n\n

    AVAX is also working on a double bottom<\/strong> of its own but this one hasn\u2019t confirmed yet. The neckline sits around $27<\/strong>, and while AVAX tested it twice, it failed to break through and instead pulled back to $21<\/strong>. Fortunately, the 50-day SMA acted as a reliable floor<\/strong>, preventing further downside.<\/p>\n\n\n\n

    Right now, AVAX is hovering near the 20-day EMA<\/strong>, with its bullish moving average crossover still intact<\/strong>. If it can gather some momentum and take out the $27 resistance level<\/strong>, the reversal could trigger quickly. AVAX only needs a 17% push<\/strong> to get there, and with enough volume, it could happen fast.<\/p>\n\n\n\n

    \ud83d\udccd Key levels to watch<\/strong>:<\/p>\n\n\n\n

      \n
    • Support: $21<\/li>\n\n\n\n
    • Resistance: $27<\/li>\n\n\n\n
    • Breakout watch: $27\u2013$28 zone<\/li>\n<\/ul>\n\n\n\n

      SUI: Bullish MAs Lining Up for a Push to $4.40<\/strong><\/h3>\n\n\n\n

      SUI is showing one of the cleaner technical structures this week. It recently broke above the 20-day EMA<\/strong>, is now trading at $3.83<\/strong>, and even saw an 8%+ daily candle<\/strong> that pushed it over the short-term 7-day EMA.<\/p>\n\n\n\n

      What\u2019s most exciting here? The moving averages are stacking up in bullish order<\/strong>. The 7-day EMA is about to cross the 20-day EMA, and the 50-day SMA is sitting comfortably below classic signs of uptrend formation<\/strong>.<\/p>\n\n\n\n

      This bullish alignment significantly weakens the earlier double top fears and shifts the bias in favor of the bulls. If the momentum continues, SUI could test the $4.30\u2013$4.40 resistance zone soon<\/strong>, and maybe even break through it for a new local high.<\/p>\n\n\n\n

      Key levels to watch<\/strong>:<\/p>\n\n\n\n

        \n
      • Immediate resistance: $4.30\u2013$4.40<\/li>\n\n\n\n
      • Bullish confirmation: Sustained close above $4.40<\/li>\n<\/ul>\n\n\n\n

        Bottom Line<\/h3>\n\n\n\n

        ALGO, AVAX, and SUI are shaping up for potential upside moves. Whether it\u2019s neckline reclaims, MA crossovers, or failed bearish patterns flipping bullish, the technical setups are strong across the board<\/strong>.<\/p>\n\n\n\n

        But remember: confirmation is key. Wait for volume to support the moves and manage risk accordingly.<\/p>\n","protected":false},"excerpt":{"rendered":"

        Three altcoins Algorand (ALGO), Avalanche (AVAX), and Sui (SUI) are starting to flash bullish technical signals, and traders should be watching closely. Whether it\u2019s reclaimed levels, clean setups, or bullish moving average formations, all three are nearing key resistance zones that could lead to breakouts in the days ahead. Let\u2019s break down what\u2019s happening and…<\/p>\n","protected":false},"author":3,"featured_media":10618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73,63],"tags":[620,805,680],"class_list":["post-10617","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news","tag-algorand","tag-resistance","tag-sui"],"yoast_head":"\nALGO, AVAX, and SUI Look Ready to Pop Here\u2019s What the Charts Are Telling Us - Crypto News<\/title>\n<meta name=\"description\" content=\"ALGO, AVAX, and SUI are flashing bullish signals with clean technical setups and key resistance tests ahead. 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