Sei (SEI), a Layer-1 project token that leverages modular blockchain, has experienced renewed buying interest as its price spiked to over 13% in a day.
As the cryptocurrency market experienced bullish sentiment over the weekend, the SEI token retained bullish momentum and extended the surge. With an immense volume surge of over 152%, the token exhibited a sharp up move and lifted over 30% this week.
When writing, the token price was primed to crack the overhead trendline barrier with significant bullish activity and crossover above the 50-day EMA mark. It was looking for a breakout rally ahead.
SEI has seen a remarkable uptick in its value, signifying increased buying interest. However, the token still struggled to flip the ongoing downtrend. The series of lower lows was still depicted on the chart.
A daily close above the $0.410 mark would confirm the valid channel breakout and might push toward $0.500 soon.
SEI changed hands at $0.3423 at the time of writing, up over 13%
We współpracy z: https://www.thecoinrepublic.com/2024/08/25/sei-token-rises-steadily-can-it-reach-0-500-mark-this-month/
