Key Takeaways
- SEI has reclaimed the psychological $0.30 level, opening the door to a potential further rally.
- This positive performance comes despite losses in Bitcoin and other major cryptocurrencies.
SEI rebounds while BTC and others wobble
SEI, the 47th-largest cryptocurrency by market capitalization, was among the top performers within the top 100 over the past 24 hours. The token gained roughly 5% during that period, allowing it to regain the $0.30 mark.
The gain stands out because Bitcoin, Ether, XRP and several other major cryptocurrencies posted losses. Bitcoin failed to sustain its prior momentum and now appears at risk of slipping below $106,000 in the near term.
SEI’s latest uptick follows an 80% surge last week. With bulls still in control, the token could resume its upward trajectory soon and potentially set a new six‑month high.
SEI could reach $0.430
The SEI/USD 4‑hour chart looks constructive, indicating a bullish bias. Chart efficiency suggests that downward liquidity has been swept, which increases the likelihood of further short‑term gains.
The pair’s RSI sits around 60, signaling that buying pressure is present. Meanwhile, MACD lines have crossed into positive territory and read approximately 0.0108, further suggesting buyers are in control.
If the uptrend resumes, SEI could target the first key resistance near $0.3516. A sustained rally could push the token toward $0.430, a level not seen since January 2025. However, this upside will likely depend on the broader crypto market and how Bitcoin’s price action evolves.
There remains the possibility of a bearish turn. Any downward price action could send SEI back to test the $0.24 low. A prolonged sell‑off could take SEI down to the transactional liquidity (TLQ) area around $0.19. That said, bulls have strongly defended that zone in recent weeks.