Sonic (S) Approaches Critical Resistance – Is an Upside Breakout Imminent?
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Oct 04 2025Market Overview: The cryptocurrency market is experiencing a positive trend, with Bitcoin and Ethereum prices rising over 11% in the past week, and altcoins like Sonic (S) showing bullish signals.
Technical Analysis of Sonic (S): Sonic (S) is forming a falling wedge pattern, indicating a potential bullish reversal, with current resistance at $0.2787 and a critical level at the 50-day moving average of $0.2973 for a possible breakout.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
