Altcoin SUI Breaks Out as Other Altcoins See Further Compression on the Daily Chart

• Altcoin SUI breaks out as other altcoins see further compression on the daily chart.

• Cardano’s ADA could be the next altcoin to surge.

• Altcoins ETH, LINK, XRP, and more will follow.

The crypto community is excited to see some bullish price movements on promising altcoin price charts. In detail, altcoin SUI breaks out as other altcoins see further compression on the daily chart. Since this was a Sunday pump, analysts advice remaining cautious whilst still growing excited over the arrival of the possible altseason peak phase. Could the altcoin cycle finally be taking off?

Altcoin SUI Breaks Out as Other Altcoins See Further Compression

Altcoin traders are thrilled to see that the popular altcoin SUI has broken out today. In detail, the price of SUI shot up by over 16% in the past 24 hours. According to CoinMarketCap analytics, the price of SUI is currently trading at $1.26, a significant surge compared to where it was trading at the $1 price range yesterday. This brings the price of the altcoin closer to its previous ATH price of $5.35 set in January 2025.

Currently, the price of SUI is boasting a total market cap of $5,069,985,761.58 and a 24-hour trading volume of $2,994,703,508.78. Could the price of SUI continue to surge and hit a new ATH, or will the capital rotate into another popular altcoin? Is this just a weekend pump, or the start of the long-awaited altseason peak phase? A popular crypto analyst and trader, Dan Gambardello, shares his thoughts.

Sui broke out big time today, as coins like Cardano compressed further on the daily.

It’s a great idea to remember that altcoins take turns, and rotations like this are typically how things start.

But it’s Sunday. Of every day to chase a pump, Sunday is the one to be most… pic.twitter.com/ehYiEIc206

— Dan Gambardello (@dangambardello) May 10, 2026

As we can see from the video in the post above, this popular analyst goes into detail to discuss this thesis for crypto cycles. He says for quite some time, he has seen the crypto cycle mirroring the business cycle. This theory is further explored in the video, where he confirms he sees himself as a cycle trader and believes the crypto cycle is heavily compressed at the moment.

Furthermore, the data from the video highlights several daily, weekly, and monthly price charts, including Stoch RSI. He also highlights the many global events that resulted in specific price action in the crypto market. He uses historical patterns as well as current price chart movements to confirm that now is not the time to be bearish on altcoins. While this week may not be the moment in the sun, this phase is coming soon for altcoins.

Has the Altcoin Cycle Pump Begun?

The video also talks about how altcoins were overbought in September 2025, leading to the massive crash that followed the succeeding month. Now, he believes altcoins are highly oversold, meaning a heavy pump is likely. In particular, the video looks at the heavy compression on the ADA price chart and says that this is certainly not the time to be bearish on ADA. Can the popular altcoin run to a new ATH record soon?