1Fuel (OFT) Set to Replicate the Growth of Top Altcoins as the Next Breakout Cryptocurrency

The crypto industry continues to develop due to top altcoins like Solana (SOL) and Sui (SUI) demonstrating impressive long-term growth

The crypto industry continues to develop thanks to top altcoins like Solana (SOL) and Sui (SUI) that are demonstrating impressive long-term growth, capturing significant interest among market participants.

Solana’s scalable and cost-friendly ecosystem and Sui’s operational efficiency set an inadmissible precedent for emerging projects such as 1Fuel (OFT) to follow.

Still in its ICO stage, the presale token OFT seeks to write its own success story, following in the footsteps of these established players.

Solana bulls offset bearish pressure to buoy price

Solana bulls continue to exact dominance on the bears, countering their attempt to push SOL below $240. As a consequence, this price level has become psychological for both parties and will probably determine SOL’s future trajectory.

Amid this tug-of-war, the bulls are trying to push SOL past $260. With SOL climbing, sentiment is leaning towards bullishness, increasing its chances of reaching the target price.

Technical indicators like the RSI, at 60, favor an uptrend. This figure indicates SOL is within the territory of the bulls, a good sign that its value will rise.

Given their eventual integration, Solana’s impressive track record is expected to influence 1Fuel after its exchange debut. As of now, SOL has risen 26.65% in the last seven days to $234.

SUI sets sight on $6: can the 100-day MA spur breakout?

SUI’s 12-hour chart shows the asset trading within a rising channel, printing higher highs and higher lows. Amid this development, cryptos pundit Jonathan Carter forecasts SUI’s possible ascent to $6, provided its current support level holds.

Buyers are holding the fort at the 100-day Moving Average (MA) at $4.20, with massive buying activities seen at this price point. While this support level is currently secure, resistance at $5.30 at