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<p>Despite top cryptocurrencies struggling around their important resistance levels, the altcoin market has picked up pace over the past few days. Moreover, many tokens have recorded a double-digit surge.</p>  
<p>With this, questions like “Is this the right time to invest in altcoins?” and “When will the AltSeason begin?” have recorded an increase in the search volume.</p>  
<p>Scroll down as, in this article, we have covered the market sentiments, price analysis, and possible price action of Near Protocol (NEAR) and Sui (SUI) crypto tokens.</p>  
<h2 class="wp-block-heading" id="h-near-protocol-price-retests-its-important-support-trendline">Near Protocol Price Retests Its Important Support Trendline</h2>  
<p>Amid increased price volatility, the NEAR coin price has jumped over 3% within the past day with a trading volume of $184.25 million. Moreover, with a YTD return of 10.76% and a market cap of $4.57 billion, it has secured the 20th position in the global crypto list.</p>  
<figure class="wp-block-image"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/17220428/image-385.png" alt="Near Price Analysis 17-09-2024" class="wp-image-351789">
</figure>  
<p>The RSI indicator has recorded a strong bullish reversal below the neutral point. Moreover, the average trendline shows a bullish convergence, suggesting that the price will continue gaining value in the coming time.</p>  
<p>If the bulls continue to gain momentum, the NEAR price will prepare to test its resistance level of $4.925 this month. On the flip side, a bearish action could pull the price toward its support level of $3.70.</p>  
<h2 class="wp-block-heading" id="h-sui-price-hints-at-a-potential-bullish-breakout">SUI Price Hints At A Potential Bullish Breakout</h2>  
<p>The SUI token continues to dominate the altcoin run with a 26.08% jump over the past week and 40.15% during the past month. Moreover, it is on the verge of breaking its resistance trendline, the outcome of which is uncertain.</p>  
<figure class="wp-block-image"><img src="https://image.coinpedia.org/wp-content/uploads/2024/09/17220429/image-386.png" alt="SUI Price Analysis 17-09-2024" class="wp-image-351790">
</figure>  
<p>The Simple Moving Average (SMA) constantly acts as a support to the price chart in the 1D time frame. Moreover, the RSI is on the verge of breaching its overbought range in the 1D time frame. This highlights a positive outlook for the altcoin in the coming time.</p>  
<p>A bullish breakout could result in the SUI coin price heading toward its upper resistance level of $1.60. Conversely, if the bears overpowered the bulls, the SUI price could plunge toward its support trendline.<br>Curious about SUI’s long-term price targets? Check out our <a href="https://coinpedia.org/price-prediction/sui-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Sui Price Prediction</a>!</p>

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