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Crypto Gainers On April 24: Cardano (ADA), SUI and Syscoin (SYS)

Irene Mukiri by Irene Mukiri
2 months ago
in Price Predictions
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Crypto Gainers of April 24: Cardano, Syscoin and Sui
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  • ADA broke out of a descending wedge pattern, with technical targets suggesting a potential rally to $1.42.
  • After breaking a long-term falling wedge, SUI is gaining traction with high liquidity and strong bullish volume.
  • SYS’s breakout from a descending channel sets sights indicating a major trend reversal is underway.

The crypto market is heating up as three major altcoins, Cardano (ADA), Sui (SUI), and Syscoin (SYS) show strong bullish signals, sparking optimism among traders. From key technical breakouts to surging market momentum, each token is positioning itself for significant upward movement, highlighting a broader shift in market sentiment and investor engagement.

Cardano (ADA)

The price of Cardano (ADA) has experienced a significant upward trend during the last 24 hours and currently raging at $0.725. ADA experienced an initial afternoon decline, which dropped the price down to $0.671 yet showed robust recovery afterwards to rise above $0.700. Total market capitalization reached $25.7 billion.The total ADA tokens in circulation number 35.29 billion from the possible 45 billion supply, while investors have focused their attention on this limited token availability.

Source: Coinmarketcap

According to FOUR Crypto Spaces, Cardano (ADA) has escaped from its descending wedge pattern, which indicates upcoming positive market performance for multiple weeks. On Binance ADA trades at $0.6888 while both momentum and volume rise, indicating investors show robust interest in the market. The technical indicators show ADA seeking a short-term resistance point at $1.20 before it could rise to $1.42 which represents potential double value growth from its current position. Traders have adopted a bullish position after ADA spent March alongside early April in a wide accumulation area, as the wedge break signals an essential trend modification.

Source: X

Sui (SUI)

Sui (SUI) posted a strong performance over the past 24 hours, rallying 10.34% and currently at $3.28 as bullish momentum drove prices to a daily high above $3.37. The market capitalization of the layer-1 blockchain token increased to $10.74 billion as trading volume showed minor declines at $2.94 billion. SUI demonstrated steady growth all day long, even though it experienced superficial price drops during the initial trade hours as it surpassed multiple resistance benchmarks during the late marketplace activity. The bullish outlook comes after ADA consolidated within a broad accumulation zone through March and early April, with the wedge breakout now marking a key shift in trend dynamics.

Source: Coinmaerketcap

According to Coinvo, the SUI price has broken through its long-term falling wedge pattern, which typically indicates such events mark new market trends. The price broke through its long-standing resistance line near $2.95 mark to form a decisive upward candle, which defeated the wedge resistance that began in January 2025. Momentum has shifted positively because of this breakout after a long period of falling prices which indicates upcoming growth toward $3.00. Analysts view this pattern as one that confirms the positive trend detected in various market indicators to signal strong price maintenance.

Source: X

Syscoin (SYS)

Syscoin has maintained constant progress since yesterday  by achieving a 2.13% increase and currently at $0.0435 based on CoinMarketCap. Trading volumes dropped by 21.14% to $5.35 million during the daily period, while market sentiment remained high since the market capitalization surpassed $35.25 million.

Source: Coinmarketcap

According to World Of Charts, the asset has officially broken out of a long-standing descending channel, signaling a potential bullish reversal after months of sustained downtrend. This verge forecasted by Hyperbitcoinization launched from a critical price range that has been seen to be a major barrier to a further rise in price around $0.0573.

Source: X

Tags: Cardanocrypto gainerscryptocurrencySUISyscoin
Irene Mukiri

Irene Mukiri

Irene Mukiri, a crypto enthusiast and writer, embraces travel. As a digital nomad, she delves into the potential of blockchain technology, showcasing its capacity to unite and empower humanity in her writing.

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