{"id":7198,"date":"2025-08-08T09:10:12","date_gmt":"2025-08-08T09:10:12","guid":{"rendered":"https:\/\/bitunikey.com\/news\/crypto-coins-to-watch-for-potential-reversal-in-the-coming-week-algo-avax-sui\/"},"modified":"2025-08-08T09:10:29","modified_gmt":"2025-08-08T09:10:29","slug":"crypto-coins-to-watch-for-potential-reversal-in-the-coming-week-algo-avax-sui","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/crypto-coins-to-watch-for-potential-reversal-in-the-coming-week-algo-avax-sui\/","title":{"rendered":"Crypto coins to watch for potential reversal in the coming week: ALGO, AVAX, SUI"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">ALGO, AVAX, and SUI are showing strong technical setups and could see potential gains as they approach key resistance levels. Here\u2019s what to watch for in the coming week.<\/p>\n<div id=\"cn-block-summary-block_6dd2651aa6de9b1e71a3f80b991d0a06\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li><strong>ALGO<\/strong>: Reclaimed $0.26 neckline, a close above $0.27 could target $0.34 or higher.<\/li>\n<li><strong>AVAX<\/strong>: Tested $27 neckline twice, support at $20, aiming for a potential breakout.<\/li>\n<li><strong>SUI<\/strong>: MAs are stacking in bullish order, priming price to test $4.30\u2013$4.40 resistance.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<h2 class=\"wp-block-heading\">ALGO<\/h2>\n<p>Algorand (ALGO) price has recently broken out of a massive double bottom formation, with the neckline around $0.26 and accumulation base at $0.15-$0.16. Following the breakout, ALGO price rallied to a peak of $0.34, achieving nearly 90% of the measured move target.<\/p>\n<p>As expected after such a sharp move, ALGO price has pulled back to a low of $0.22 before rebounding to the neckline region once again. While the dip undercut the $0.26 neckline, the quick recovery suggests that buyers may still be defending this level as a key pivot. Bulls have just reclaimed it with ALGO trading at $0.27 as of press time. If there\u2019s a clean close above $0.27 today, followed by continued momentum, it could pave the way for a retest of the $0.34 high or potential formation of a higher high by the end of next week or sooner.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=BINANCE%3AALGOUSDT\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">AVAX<\/h2>\n<p>Unlike ALGO, which actually did break out of a double bottom and then topped out, Avalanche (AVAX) had formed a double bottom but failed to break above its $27 neckline. After testing it twice and forming a mini double top, it pulled back to around $21, where the 50 SMA acted as support and contained the decline.<\/p>\n<p>AVAX price is currently rebounding while testing the 20 EMA, with a bullish crossover between the two MAs still intact. It appears AVAX price is tracking to retest the $27 neckline once again. Breaching this level with strong volume and follow-through could signal a reversal, potentially within a week, as the AVAX price is only about 17% from that level.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2668\" height=\"1710\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1754644211_605_Crypto-coins-to-watch-for-potential-reversal-in-the-coming.png\" alt=\"Crypto coins to watch for potential reversal in the coming week: ALGO, AVAX, SUI - 2\" class=\"wp-image-14403872\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=BINANCE%3AAVAXUSDT\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">SUI<\/h2>\n<p>Sui (SUI) price has broken above the 20-day EMA and is currently trading at $3.83, with the bullish crossover between the EMA 20 and SMA 50 still intact. Additionally, the price recently crossed the 7-day EMA on yesterday\u2019s 8%+ candle, and while the 7 EMA is currently below the 20 EMA, it looks poised to cross above it soon, which would stack these moving averages in a bullish order.<\/p>\n<p>This soon-to-be-realized bullish MA stacking significantly reduces the risk of the bearish double top formation flagged earlier, shifting sentiment firmly in favor of the bulls. As a result, the likelihood of testing the $4.30\u2013$4.40 resistance zone has increased, with the potential for a higher high next week.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"2668\" height=\"1710\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2025\/08\/1754644212_845_Crypto-coins-to-watch-for-potential-reversal-in-the-coming.png\" alt=\"Crypto coins to watch for potential reversal in the coming week: ALGO, AVAX, SUI - 3\" class=\"wp-image-14403887\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=BINANCE%3ASUIUSDT\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ALGO, AVAX, and SUI are showing strong technical setups and could see potential gains as they approach key resistance levels. Here\u2019s what to watch for in the coming week. Summary&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7198","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7198"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7198\/revisions"}],"predecessor-version":[{"id":7200,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7198\/revisions\/7200"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/7199"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}