Ethereum (ETH), Solana (SOL), Sui (SUI): Optimal Buying Points for 2025
As the market experiences some instability, potential prime buying opportunities may be emerging. What are the ideal buying points for Ethereum (ETH), Solana (SOL), and Sui (SUI) as we look ahead to the remainder of the bull market in 2025?
$ETH hits promising level for a rebound
Source: TradingView
The daily chart for $ETH (ETH/USDT) maintains a positive outlook. The price continues to trade within the large triangle that has been forming since late 2021. If the bull market persists into most of 2025, an upward breakout remains a strong possibility.
Currently, the price dip has reached the 0.382 Fibonacci level, which doubles as a significant horizontal support, making a bounce quite probable. A rebound here would be a bullish sign, allowing bulls to challenge the descending trendline once more.
However, if the price drops below this point, the 0.5 Fibonacci level at $3,100 and the 0.618 level at $2,900 serve as solid support lines. Even a decline to the 0.786 Fibonacci at $2,500, followed by a bounce, would still represent a higher low, maintaining a bullish stance.
Strong support zones for $SOL
Source: TradingView
Currently, $SOL (SOL/USDT) might also be at an attractive buying level. The price has once again dipped below the horizontal support at $202 and retested the top of the descending channel. If it declines further, the robust horizontal supports at $184 and $175 could offer excellent buying opportunities. A bounce from any of these levels would form a higher low, thus preserving the uptrend of the bull market.
$SUI maintains strong upward trajectory
Source: TradingView
The price of $SUI (SUI/USDT) is in a clear upward trend. It has already reached the 0.618 Fibonacci retracement level during this move, with a potential rebound beginning to occur. If the market turns more bearish, the 0.786 Fibonacci, aligning with the ascending trendline, could be an excellent spot to buy. Achieving a higher low here would continue to support the ongoing uptrend.
Final thoughts
If the bull market continues and $ETH, $SOL, and $SUI are to play significant roles, these bearish times might present one of the last chances to buy. All three tokens are currently at attractive buying levels, but should the market dip further, even better opportunities could arise below.
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.
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