- XRP has broken out of a descending wedge, targeting sustained growth after a surge past key resistance levels.
- SUI eyes targets of $4.79 and $6.11 after completing a major bullish breakout, backed by rising investor confidence.
- RNDR breaks key resistance at $4.26, setting sights on $6.37 as bullish momentum builds following months of consolidation.
The cryptocurrency market of today saw some stability and strong pumps in most of the altcoins, accompanied by some promising technical breaks. Waves went further to demonstrate positive signals with ups in its price attributed to an accomplished social cue and significant technical flips, and XRP, along with Sui (SUI) and Render (RNDR), exhibited a bullish run.
XRP (XRP)
In a strong showing today, XRP saw a notable uptick in its market performance,towards evening rising 1.13% over the past 24 hours to a price of $2.23. XRP continues to climb in market performance as its total market cap value reaches $129.9 billion despite trading volume falling 2.72% to $2.93 billion. The chart reveals a period of mild volatility earlier in the day, with a sharp dip around mid-morning before an explosive rally later, pushing XRP to intraday highs above $2.24 before settling slightly lower. With a circulating supply of 58.44 billion XRP and a total supply nearing its 100 billion cap, investor sentiment appears cautiously optimistic as XRP maintains strong momentum heading into the close.
Source: CoinMarketcap
According to World Of Charts, XRP has officially broken out of a prolonged descending wedge pattern, signaling a major bullish reversal and igniting a powerful rally. XRP extended its price surge above major resistance levels as it moved from below $2 to approach almost $5.50 within a brief period of weeks following prolonged range-bound activity and declining price points. The strong upward price movement shows buying enthusiasm through successive higher peaks and rising support levels. XRP shows indications for continuous market growth after breaking through major resistance levels while maintaining positions above its former resistance areas to potentially drive new increases during the following months.
Source: X
Sui (SUI)
The market enthusiasm today drove Sui (SUI) to a 2.82% jump that elevated its price to $3.55 while increasing its capitalization to $11.55 billion and resulting in a 2.79% growth. Daily trading volume experienced a substantial decrease of 31.77%, reaching $1.26 billion, yet the price followed an upward trajectory continuously throughout the day, along with short, temporary price drops. The chart shows SUI building strength from around $3.45, achieving multiple intraday highs of $3.65 before a slight late-day correction. With a circulating supply of 3.24 billion SUI out of a maximum 10 billion tokens, Sui’s growing investor interest highlights its resilience amid broader market fluctuations.
Source: CoinMarketCap
According to Rose Premium Signals, Sui (SUI) has completed a major bullish breakout from its downtrend, setting the stage for a strong upward rally. The chart analysis shows that after a sustained period of consolidation and descending price action, SUI has surged aggressively, reclaiming key support levels and indicating a potential long-term reversal. Projections point toward immediate upside targets at $4.7961 and a higher extension toward $6.1162 if momentum continues. The forecasted move suggests a healthy pullback and accumulation phase before launching toward these higher targets, reinforcing growing investor confidence in SUI’s bullish trajectory heading into late 2025.
Source: X
Render (RNDR)
Render (RNDR) posted a modest gain today, edging up 1.27% to $4.40 amid a backdrop of mixed trading signals. The cryptocurrency’s market cap grew by 1.27% to $2.27 billion, even as trading volume declined sharply by 25.32% to $64.23 million. The chart shows a strong early rally that peaked above $4.50, followed by a steady downward trend through the day with brief rebounds, ultimately closing just shy of earlier highs. With a circulating supply of 517.71 million tokens out of a maximum of 644.16 million, Render continues to hold investor attention despite lower liquidity, suggesting cautious optimism in the market.
Source: CoinMarketCap
According to Nihilus, Render (RNDR) is showing strong bullish momentum as it breaks above key resistance around $4.26 and consolidates near $4.50, setting the stage for a potential explosive move toward the $6.374 mark. The 4-hour chart reveals a clear pattern of higher lows and sustained upward pressure following months of sideways and choppy trading activity. With the breakout gaining traction, market sentiment appears increasingly optimistic, suggesting that RNDR could soon achieve a significant rally if the current support levels hold firm. Traders are closely watching for a continuation pattern that could validate the next major leg up.
Source: X
