The crypto market is heating up, and a handful of altcoins are leading the charge. SUI and VIRTUAL, for example, have quickly turned into surprise breakouts, grabbing investor attention.
The crypto market has hinted at recovery and a possible second leg of the 2025 bull market. In reaction to this, a number of altcoins have broken off and are on the run.
Among the frontrunners are SUI and VIRTUAL. Each is showing great momentum and has attracted a lot of attention from top crypto investors.
But what is driving this surge, what are the key technical indicators to watch, and does the current rally have room for further uptrend? We explore the three coins below.
SUI – Medium Cap Altcoin that is Grossly Undervalued
Sui is breaking out and promising to lead the next altcoin season. In the last 7 days, for example, it is up by close to 15% and by as much as 50% in the month. Much of this can be attributed to increased investor interest in the altcoin after its TVL surged past $1.8 Billion.
The transaction volume for DEXs in here is also up to around $600 Million, and stablecoin activity has also surged.
SUI recently broke out of a textbook bull flag pattern, which is a confirmation of a bullish continuation. Looking at its chart, however, the last few candles have shown signs of declining trader volume as it approached the major resistance zone near $3.80 – $4.00.
Most other indicators also show signs of cooling off. However, the fact that most indicators are still bullish says that it may be consolidating in readiness for another breakout attempt. This would only be invalidated if the SUI price drops below $2.90.
FARTCOIN – Best Performing Meme Coin in April 2025
Fartcoin is making headlines and riding a renewed wave of meme coin hype. Over the last 7 days, the joke currency is up by 7% and by more than 160% in the last 30 days.
Much of the price surge can be attributed to a sudden spike in social sentiment towards meme coins. This has resulted in a surge of investor interest in the coin, as evidenced by the sharp increase in the number of crypto wallets holding FARTCOIN.
From a technical analysis point of view, Fartcoin recently broke out of a descending wedge, a common reversal pattern.
This confirms the altcoins’ shift from bearish consolidation to bullish momentum. The coin is now clear of the $0.42 support level and is now testing the crucial resistance level around $1.22. A breakout here could trigger a parabolic uptrend.
On the daily timeframe, the daily trade volumes for FATRCOIN seem to have tapered. However, this is expected after such a bullish rally. The rest of the indicators remain firmly bullish, suggesting that there is still room for further gains.
The MACD lines, for example, are converging with the MACD line crossing the signal line from below while histograms turn greener. The RSI also remains solidly in the bullish zone above 60. Further uptrend would, however, be invalidated if FARTCOIN consolidation takes it below $0.71.
Bottom line
The bullishness for coins is being driven by solid fundamentals that have sparked a major bull run. And even though they are both consolidating, they look ready for another breakout especially if momentum holds.
Best Crypto Exchange for Intermediate Traders and Investors
Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.
0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.
Copy top-performing traders in real time, automatically.
eToro USA is registered with FINRA for securities trading.
30+ million
Users worldwide
Gain Instant Access to the World’s First Blockchain Investing Research Service — Actionable Crypto Alerts, Built on 15+ Years of Market Experience
Discover market-moving insights and exclusive crypto forecasts powered by InvestingHaven’s proprietary 15-indicator methodology. Join smart investors using our premium alerts to stay ahead of the curve—before the big moves happen.
This is how we are guiding our premium members (log in required):
- Bitcoin’s Must-Watch Chart Structure, What It Means For Top Altcoins (May 6th)
- Charts – XRP, Theta, Uniswap, and two RWA Token Tips (April 29th)
- Juicy Opportunities Are Starting To Show Up On The Charts (April 24th)
- BTC Stronger Than Markets + 3 Key Narratives Emerging (April 20th)
- BTC: From Failed Breakdown To Breakout Attempt On April 13th (April 13th)
- BTC Hanging On A Cliff As Markets Are Retaliating (April 7th)
