SUI Eyes $4 as Emerging Golden Cross Revives Rally Comparison
SUI is approaching a potential golden cross that crypto analyst Ali Charts says could precede another major rally, with historical comparisons pointing toward a possible move near $4. The setup comes as SUI trades around the $1.16 level shown in his chart, after recovering from an area near $0.72.
In a post on X, Ali Charts said SUI’s 50-day simple moving average is beginning to move above its 200-day average. He compared the developing setup with two previous golden crosses that were followed by gains of more than 200%.
Those historical moves occurred in December 2023 and October 2024. However, the emerging crossover does not establish that SUI will produce another rally of comparable size.
A golden cross occurs when a shorter-term moving average rises above a longer-term moving average. The signal is generally used to identify improving price momentum or a developing change in trend, but it is based on historical price data and does not determine how large a subsequent move will be.
SUI Golden Cross Approaches as Moving Averages Converge
Ali’s chart shows SUI recovering above both the 50-day and 200-day moving averages as the two indicators move closer together. The 50-day average is turning upward, while the longer-term average appears to be flattening after an extended decline.
The chart, however, does not provide exact readings for either moving average. As a result, it does not independently confirm that the golden cross has already been completed. Instead, the setup represents an approaching crossover that forms the basis of Ali’s comparison with earlier market cycles.
The historical performance is central to his $4 outlook. According to Ali, the December 2023 golden cross was followed by a gain of approximately 240.25%, while the October 2024 crossover preceded an advance of 222.45%.
His chart uses a projected gain of 231.35%, which corresponds to the arithmetic average of those two historical increases. In the accompanying post, however, the potential move is described more broadly as approximately 230%.
Historical Rally Data Supports a Potential Move Toward $4
Using the $1.16 price displayed on the chart, a 230% increase would put SUI at approximately $3.83. Applying the more precise 231.35% projection produces roughly $3.84, putting the token close to the $4 level highlighted in the analysis.
A move from exactly $1.16 to $4 would instead require an increase of approximately 244.83%. The difference illustrates why the starting price and the percentage assumption are important when interpreting the projected target.
Ali has not provided a specific timeframe for the potential move, and the chart does not identify the exact measurement periods used for the historical gains.
The comparison therefore remains a scenario based on SUI’s previous performance around golden-cross formations. Whether the current crossover develops fully, and whether the token subsequently matches the scale of those earlier rallies, remains uncertain.
Writer: Marcus RenfieldCrypto Market Analyst & Onchain WriterMarcus Renfield covers cryptocurrency markets with a focus on onchain data, Bitcoin price action, and emerging market narratives. His writing examines how capital flows, network activity, and broader market structure influence short- and medium-term trends.He aims to provide clear, data-informed analysis for readers seeking a deeper understanding of crypto market dynamics.