XRP, SUI, HBAR Price Analysis — Major Breakouts Underway as Bitcoin Stagnates

Bitcoin’s (BTC) price is stagnating below $94,000, which has given room for the altcoin market to grow. In particular, XRP (XRP), Sui (SUI), and Hedera Hashgraph (HBAR) are providing interesting signals for both short and long traders.

XRP (XRP) Technical Analysis

XRP/USD Four-Hour Price Chart Analysis — Falling Wedge Breakout Underway

XRP has shown signs of a potential bullish breakout from a falling wedge pattern, a historically bullish setup. While the pair momentarily slipped below the lower trendline, its rapid recovery suggests the dip was an anomaly, possibly triggered by heightened volatility or low liquidity conditions.

The price is now trading above the wedge’s lower boundary and approaching the confluence of resistance levels near $2.28, marked by the 50-period EMA (red) and the 0.382 Fibonacci retracement level.

A successful breakout above this zone could confirm the falling wedge’s upside target near $2.54, aligning with the 0.618 Fib retracement level and prior swing highs.

On the downside, failure to sustain momentum above the $2.20–$2.22 support zone could expose XRP to a retest of its 200-period EMA (blue) near $2.04. The RSI, currently below neutral levels, suggests room for upward movement before hitting overbought conditions.

XRP/USD Weekly Price Chart Analysis — Bias Conflict Among Traders Clearly Visible

XRP’s 400%-plus rise since Donald Trump’s reelection to a multi-year high appears to be losing steam as price action hints at potential consolidation.

The weekly chart shows XRP retracing from the 1.618 Fibonacci extension level near $2.97, a key technical resistance. Historically, such levels often trigger profit-taking, increasing the likelihood of a sideways price trend.

The next significant support lies around the 1.0 Fibonacci retracement level near $1.61, aligning with the 2021 swing highs. This range between $1.61 and $2.97 could be a consolidation zone as the market digests recent gains.

Additionally, the RSI is hovering in the overbought territory above 76, which increases the probability of a cooldown in the coming sessions. However, the price remains comfortably above the 50-week EMA (red) and 200-week EMA (blue), suggesting strong underlying bullish momentum.

XRP appears neither decisively bullish nor bearish, with consolidation within the $1.61–$2.97 range likely in the coming weeks as traders await fresh catalysts.

Sui (SUI) Technical Analysis

SUI/USD Four-Hour Price Chart Analysis — A Modest Bounce Expected in December

SUI/USD is trading within a critical technical range on the 4-hour chart, with the price testing its 50-period EMA (~$4.42). Historically, this level has provided strong support during uptrends, and a successful bounce could position SUI for a retest of the horizontal resistance near $4.86.

A breakout above $4.86, accompanied by increased volume, could validate a continuation of the uptrend, with potential targets aligning with the psychological $5.00 level or higher.

However, the RSI, hovering near 51, suggests neutral momentum, leaving room for either an upside move or further downside.

If SUI fails to hold above the 50-period EMA, it could retest the 200-period EMA (~$4.00), which aligns closely with the ascending trendline support. This confluence of support could serve as a make-or-break zone for bulls, preventing a deeper correction.

SUI/USD Weekly Price Chart Analysis — Major Breakout Underway

The SUI/USD weekly chart shows a textbook inverse head-and-shoulders pattern, signaling a strong bullish reversal. This setup’s breakout was confirmed when the price surged above the neckline resistance near $2.62, supported by increasing volume.

For the unversed: traders measure the inverse head-and-shoulders upside target by adding the setup’s maximum height to the breakout point, which, in this case, is the $2.62 neckline.

Applying the same principle to the SUI/USD chart brings its upside target for early 2025 to $9.56, which aligns with the 2.618 Fib retracement line. However, RSI overbought conditions warrant caution, as the price could consolidate or retest the neckline near $2.62 before continuing its upward trajectory.

Hedera Hashgraph (HBAR) Technical Analysis

HBAR/USD Four-Hour Price Chart Analysis — Bull Flag Breakout Hints At 80% Boom in 2025

has confirmed a bull flag breakout on the 4-hour chart, signaling a potential continuation of its prior strong uptrend. The breakout occurred as the price moved decisively above the flag’s upper trendline, near $0.30, supported by higher trading volumes and momentum.

Bull flags are known for their upside potential, calculated by adding the height of the prior flagpole to the breakout point. In HBAR’s case, the upside target appears to be around $0.54, up around 80% from the current price levels.

The RSI remains in bullish territory (64), indicating room for further gains before approaching overbought conditions. However, if the breakout falters, the 50-period EMA ($0.28) and 200-period EMA (~$0.24) could provide strong support levels.

HBAR/USD Weekly Price Chart Analysis —

HBAR has entered a consolidation phase following an 800%-plus “Trump Pump” rally. Its price is hovering between the 0.382 Fibonacci retracement level ($0.24) and the 0.618 Fib level ($0.37).

The range may act as a neutral zone for the token, offering time to cool off overbought RSI levels, currently at 75, while maintaining the broader bullish structure.

The golden cross—where the 50-week EMA ($0.11) has crossed above the 200-week EMA ($0.10)—signals a long-term bullish shift. Historically, the pattern precedes extended upward moves, although short-term corrections or consolidations are common after such steep rallies.

The 0.382 Fib level provides key support for now, while the 0.618 Fib acts as immediate resistance. A break above $0.37 could see HBAR retest the next major resistance around the 0.786 Fib level ($0.46), while a move below $0.24 might invite deeper corrections.