Q3 Price Prediction: Can SUI Finally Outpace Hyperliquid With Market Cap in July?

SUI enthusiasts are keen on the upcoming market movements as the third quarter unfolds. The pressing question is whether SUI will see a significant market cap surge, potentially outpacing Hyperliquid. This forecast holds the interest of many investors and traders eager to discover which coins might skyrocket in value in the coming month.

Sui Market Snapshot: Past Volatility and Key Price Levels

SUI experienced a notable weekly surge of 16.71%, contrasting with a monthly decline of 10.49% and a six-month drop of 30.58%. This price movement shows short-term optimism amid longer-term challenges, characterized by brief upward spikes in buyer activity. Recent performance has been volatile, indicating a mix of rapid gains and sustained declines. The coin's journey over these periods reveals active market participation, with intermittent bursts of buying interest met by underlying bearish pressure during extended sell-offs.

Current trading sees SUI fluctuating between $2.77 and $4.01, bordered by support at $2.29 and resistance at $4.77. A deeper support tests near $1.05, while an additional resistance sits at $6.01. Bears appear to hold ground as moving averages lean slightly negative, despite oscillators hinting at minor bullish signals. The RSI at 46.82 reflects moderate conditions, while traders may look to confirm a breakout above $4.77 or consider entry near $2.29 if prices pull back. Caution in this range may be prudent until clearer trends emerge.

Hyperliquid Market Movement: Price Trends and Critical Levels

Hyperliquid experienced noticeable gains over the last month and six months. Price appreciation stood at 22.64% for one month and soared to 67.22% over a half-year period. Weekly price change reached 12.35%, indicating robust trader interest. The coin demonstrated a dynamic trading environment with clear upward movement in its value. Price fluctuations and growing momentum have attracted attention, reflecting a market that has rewarded active participation and strategic buying over sustained periods without falling into prolonged retracement phases. Growth metrics illustrate the coin’s potential in rallying against market pressures and volatility, as evidenced by consistent increases and active trading sessions.

Currently, Hyperliquid trades between $21.20 and $42.08 with immediate resistance at $51.47 and strong support identified at $9.73. The technical setup shows noticeable bullish energy, supported by a moving average recommendation of 0.933. At the same time, the overall summary recommendation and oscillator readings suggest traders are assessing momentum carefully. A break above the $51.47 resistance might steer the coin toward the next target of $72.35, while a move toward support levels could present buying opportunities. RSI near 59 and momentum at 6.84 imply steady buying pressure, although caution remains as traders look for clear directional trends.

Conclusion

July could bring significant changes in market positions. SUI has the potential to outpace HYPE in market cap. Analysts will watch trading volumes and investor interest closely. SUI's performance in the coming weeks will be critical. HYPE’s stability will also influence its ranking. The next quarter may witness a shift in these rankings. Both coins show promise, but market trends will ultimately decide their fates.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.