Cryptocurrencies Price Prediction: SUI, Jupiter & Bittensor – European Wrap 26 May
|SUI Price Forecast: Chances of recovery grow after holding above $3.50
Sui (SUI) trades at $3.61 with a mild gain of 0.69% at press time on Monday, holding steady after the $223 million hack of Cetus, a Sui ecosystem Decentralized Exchange (DEX), in tandem with the broader market’s positive start this week, alongside the recovering Sui network metrics and derivatives market data signal recovery chances.
Jupiter Price Forecast: JUP nears bullish breakout as open interest hits three-month high
Jupiter (JUP) trades in green, gaining over 10% at the time of writing on Monday as it approaches a critical descending trendline. The rally is supported by a sharp rise in JUP’s Open Interest (OI), climbing to a three-month high of over $160 million, according to CoinGlass. The technical outlook suggests a rally ahead, fueled by bullish bets among traders and targeting the $0.87 mark.
Bittensor Price Forecast: TAO targets 60% rise as subnets shape a bullish narrative
Bittensor (TAO) extends recovery and jumps above $450 at press time on Monday as the crypto market capitalizes on US President Donald Trump’s pause on 50% tariffs over the European Union till July 9. The technical outlook shares a potential rounding bottom pattern breakout opportunity in TAO as the subnets market capitalization reaches $3.57 billion, shaping a rapid network expansion narrative and leading to heightened bull run anticipation in the derivatives market.
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