- Bitcoin’s rebound signals the start of the much-anticipated altcoin season.
- Experts forecast significant gains for altcoins like SUI, ADA, APT, LINK, and CHZ.
- Analysts predict potential price surges for SUI, ADA, and LINK, with targets up to $40, $14, and $30, respectively.
The cryptocurrency market has been in a downtrend for several days, but it seems the worst is over as Bitcoin is now rebounding, paving the way for the much-anticipated altcoin season. For context, Bitcoin’s price dipped to nearly $92K four days ago, but it is currently recovering, trading around $94K at press time.
Given Bitcoin’s performance, various altcoins are now on the radar of market watchers anticipating the altcoin season. Among them, the SUI token stands out. SUI is up by 4.17% today, trading at $4.51, despite the broader market downturn. SUI has been a top performer in this bull run and is currently trading in a price discovery phase.
SUI is Relentless; Targets $40
In a post on X today, Raoul Pal, founder of Real Vision, commented on SUI’s price action, noting that it is poised to break higher. He described it as the strongest major altcoin, likening it to “The Chosen One…
The post Altcoin Season on the Horizon? SUI, ADA, LINK, APT, CHZ Show Promise appeared first on Coin Edition.
