Coins to Watch Today: Litecoin, Cardano, SUI Signal Imminent Bull Runs

Litecoin (LTC) and Cardano (ADA) are today’s hottest cryptocurrencies as the US Securities and Exchange Commission (SEC) clears a Spot Litecoin ETF for comments, and Cardano announces a fully decentralized governance model.

Additionally, the popular Bitcoin and Solana wallet Phantom has announced support for Sui (SUI), a relatively new blockchain asset. Let’s examine these altcoins with a technical touch.

Litecoin (LTC) Technical Analysis

LTC/USD Four-Hour Price Chart Analysis — Bull Flag Breakout Begins

As of Jan. 30, Litecoin was entering the breakout stage of what seems to be its bull flag pattern, a classic continuation setup, often leading to a sharp upward movement following a consolidation period.

The LTC/USD breakout occurred after it breached the flag’s upper trendline on the 4-hour chart, with the price surging above key resistance levels inside the $120-125 area.

Based on the flagpole’s height, the projected breakout target is near $183, marking a potential 45% rally from current levels. LTC’s move above the 50-4H and 200-4H exponential moving averages (the red and the blue waves, respectively) further supports the breakout.

The Relative Strength Index (RSI) is at 64, reflecting increasing buying pressure without being in overbought territory.

If Litecoin holds above the breakout zone, it could attract further bids, reinforcing its bullish outlook. However, failure to sustain above $125 could invalidate the setup, leading to a retest of lower support levels near the 50-4H and 200-4H EMAs.

Further declines could bring the flag’s lower trendline—at around $105—as the primary downside target.

LTC/USD Weekly Price Chart Analysis — Next Target Appears Over $260

Litecoin is exhibiting strong XRP-like price action, having successfully broken out of a giant symmetrical triangle on its weekly chart.  Following this large breakout, LTC formed a bull pennant, a classic continuation pattern, and has entered its breakout stage.

Currently, Litecoin trades around $126, with the next major Fibonacci retracement resistance at $178.

However, based on the bull pennant’s measured move, LTC could surge toward $260, aligning with the 0.618 Fibonacci level—a key psychological and technical resistance zone.

Bullish technical indicators support this breakout, including price stability above the 50-week and 200-week exponential moving averages (EMAs), both of which have acted as dynamic support.

Meanwhile, the Relative Strength Index (RSI) is above 63, suggesting bullish momentum without entering overbought conditions.

If LTC sustains this breakout and confirms support above the pennant’s upper trendline, further upside could accelerate toward its projected targets. Conversely, failure to hold above $125 could risk a retest of lower support levels before any further upside.

Cardano (ADA) Technical Analysis

ADA/USD Four-Hour Price Chart Analysis — Cardano Can Hit $1 Due to BARR Bottom Pattern

Cardano appears to be in the early breakout stage of a Bump-and-Run Reversal (BARR) Bottom pattern, a classic bullish reversal formation.

The cryptocurrency has completed the lead-in phase, during which ADA gradually declined under a downward-sloping trendline, followed by a sharp drop that marked the bump phase.

However, the price has since rebounded strongly, signaling a potential transition into the uphill run phase.

Currently, ADA/USD is trading around $0.956, testing resistance at the descending trendline and the 50-day exponential moving average (EMA) at $0.965.

A successful breakout above this level would confirm the BARR bottom and set up a potential rally toward $1.097, aligning with the projected move from the pattern. The 200-day EMA at $0.982 serves as another crucial resistance level that ADA must clear to validate further upside momentum.

The Relative Strength Index (RSI) is at 51.68, indicating neutral momentum but with room for further gains.

If ADA breaks above $0.97 and holds, traders could see a strong bullish continuation, with the first major psychological target set at $1.00. Conversely, failure to reclaim the descending trendline may lead to a retest of recent lows before any confirmed uptrend.

ADA/USD Weekly Price Chart Analysis — Approaching $3.42 This Year

Cardano is consolidating inside a bull pennant pattern on its weekly timeframe, indicating a potential continuation of its strong uptrend.

The pennant formed after an explosive rally from $0.50 to over $1.20 and now serves as the flagpole. The consolidation phase, marked by lower highs and higher lows, suggests a period of accumulation before the next breakout.

At the time of writing, ADA trades at $0.956, hovering near the lower boundary of the pennant structure. The 50-week and 200-week exponential moving averages (EMAs), at $0.636 and $0.529, respectively, are sloping upward, reinforcing the bullish trend.

Meanwhile, the Relative Strength Index (RSI) at 60.29 signals moderate momentum, leaving room for further upside.

A decisive breakout above the pennant’s upper trendline could trigger a measured move based on the flagpole’s height, setting an upside target near $3.42—a potential 260% gain from current levels.

However, failure to break out could see ADA retesting support around $0.85-$0.90 before making another attempt. As long as bulls defend key support levels, the larger uptrend remains intact, with ADA eyeing a significant rally in the coming months.

Sui (SUI) Technical Analysis

SUI/USD Four-Hour Price Chart Analysis — Key Levels to Watch

Sui has bounced from the $3.50-$3.60 bullish support zone, a level that previously triggered strong rallies. The price is now trading near $3.99, testing resistance at the 0.236 Fibonacci retracement level ($4.21). A confirmed breakout above this level could set the stage for a move toward $4.43 (0.5 Fib).

The 50 EMA ($4.05) and 200 EMA ($4.36) act as immediate resistance levels. If the Bulls reclaim these moving averages.

The RSI is at 53.98, suggesting neutral momentum but with further upside potential. If SUI holds above $3.90, the bullish reversal remains intact, with traders watching key Fib levels for confirmation.

SUI/USD Weekly Price Chart Analysis — A 140% Rally Next?

Sui (SUI) is forming a bullish ascending triangle pattern on the weekly timeframe, signaling a potential continuation of its uptrend.

The price action has established higher lows, reflecting growing buying pressure, while the resistance level near $4.20-$4.30 has been repeatedly tested. Based on the triangle’s measured move projection, SUI could see a significant rally toward $9.89 if the pattern confirms a breakout.

Currently, SUI trades at $3.98, maintaining support above its 50-week exponential moving average (EMA) at $2.37. The RSI stands at 58.66, suggesting moderate bullish momentum but still below overbought conditions, leaving room for further gains.

The increasing trading volume also hints at accumulation, which typically precedes a breakout.

A decisive weekly close above $4.30 would confirm the ascending triangle breakout, paving the way for a potential 140% surge to its projected target. However, failure to break out could lead to a retest of support at $3.50-$3.60 before another upside attempt.

As long as the higher-low structure remains intact, SUI’s bullish outlook stays strong, with traders closely monitoring the breakout level.