SOL, SUI, XRP Price Prediction — Which Altcoin Is More Bullish in May 2025?

May 2025 is shaping up to be a critical month for altcoins. Solana (SOL), Sui (SUI), and XRP are all showing key technical patterns, but their outlooks differ. Here’s a breakdown of which one looks most bullish right now.

Solana Faces Rising Wedge Breakdown Risks

Solana’s (SOL) daily chart reveals a rising wedge pattern, a formation that traditionally warns of a potential bearish reversal. The structure, defined by converging upward-sloping trendlines, has formed since early April and shows signs of exhaustion.

As of April 24, SOL trades around $148.74 after being rejected near the wedge’s upper boundary. A breakdown from this formation could trigger a decline toward $130.94 and $114.07, marked as support targets.

Compounding the bearish view, SOL remains under its 200-day EMA ($163.05), a sign that the broader trend still favors the downside.

While volume and momentum have supported the recent rally, the Relative Strength Index (RSI) is flattening near 62.45, hinting that bullish strength may wane. Unless SOL breaks convincingly above $160, the wedge favors the bears.

Sui Breaks Out of Falling Wedge, Eyes 40% Rally

Sui (SUI) is showing strong bullish intent following its breakout from a falling wedge pattern, a classic reversal setup that often precedes sharp upside moves. The breakout, which occurred earlier this week, propelled SUI above its 50-day and 200-day EMAs, which now act as support at $2.46 and $2.75, respectively.

Trading near $3.03, SUI targets a potential move toward $4.24, representing an upside of nearly 40% from current levels. Volume surged during the breakout, while the RSI crossed into overbought territory at 70.35—signaling robust buying momentum.

This setup marks a complete shift in sentiment from February’s bearish tone and puts SUI among the strongest trending altcoins heading into May.

XRP Defies Expectations With Bullish Descending Triangle Breakout

Despite the traditionally bearish nature of descending triangles, XRP has broken out to the upside of its multi-month pattern, invalidating the downward bias. The breakout occurred just above $2.20, following several failed attempts to close below its horizontal support at $1.90.

Currently trading near $2.20, XRP’s technical target is $3.20, based on the triangle’s height. RSI has increased to 54.57, and volume is gradually building—two supportive signs for sustained bullish follow-through.

This breakout coincides with institutional tailwinds, including the recent launch of XRP futures on Coinbase Derivatives, which could inject new liquidity and speculative interest into the market.