Token

Resistance

<ul class="list-ic vertical">
 <li><span>1</span> <a>SEI token surged sharply and attained buying momentum.</a></li>
 <li><span>2</span> <a>The bulls looked aggressive and registered a sharp rise.</a></li>
</ul>
<p>SEI token price is performing a rally and surged over 130%, witnessing bulls’ dominance in the recent sessions. Moreover, the token escaped the swing hurdle of $0.2000 and produced a bullish trajectory. At present, the SEI token is heading toward the 52-week high to retest the $0.2830 mark and showcased buying momentum. The technicals favor the bulls and suggest that the SEI token has gained massive traction and will continue to rise. After the recent consolidation moves, the token is ready to fly above the barriers. Furthermore, the token is ready to reach the blue skyzone of $0.3000.</p>
<p>SEI token price is close to its prompt hurdle of $0.2500, and buyers look aggressive and&nbsp; are getting ready to beat the closest hurdles. Furthermore, the sellers were cautious and back footed. Meanwhile, buyers persisted in accumulating and dominating. The token has exceeded the 61.8% Fibonacci retracement zone and is close to the upper Bollinger band.</p>
<p>The live price of the SEI token is $0.2486, with a massive intraday gain of 27.23%, highlighting bullishness. Moreover, the trading volume rose by 128.27% to $655.55 Million, while the market cap rolled to $454.20 Million. Analysts have maintained an outperform rating and suggest a growth outlook for the upcoming sessions.</p>
<h2 class="wp-block-heading" id="strong-will-sui-token-hit-0-3000-this-month-strong"><strong>Will SUI Token Hit $0.3000 This Month?</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/1P022HkqaH26O7NND9xBx2Es4HXP4RkwctkSAFyXTG7FYACL3Fe_zvfBbWw2BgKMgSOLSD5lRqa_XARGCNUSq7IGjWcFR8Sq8myQzU1BsPwj95_mndyjkIZCULGzUymCISbLQrC40UriboyqavuqiZI" alt="SEI Price Surged Over 130% This Month, What's Going on in SEI?">
  <figcaption class="wp-element-caption"><strong>Source: SUI Price Chart By TradingView</strong>
  </figcaption>
 </figure>
</div>
<p>On the daily chart, the SUI token shows a parabolic-shaped recovery, showcasing a range breakout. The SUI token recently triggered the up-move and is riding the gains. Technicals show that the token has started delivering the buying momentum.</p>
<p>The RSI curve is in the overbought zone and formed a positive divergence, suggesting the buyers’ dominance. The MACD indicator shows a bullish crossover and green bars on the histogram, suggesting a favorable bullish outlook for the upcoming sessions.</p>
<h2 class="wp-block-heading" id="strong-sui-on-hourly-charts-forms-rising-channel-strong"><strong>SUI on Hourly Charts Forms Rising Channel</strong></h2>
<div class="wp-block-image">
 <figure class="aligncenter"><img decoding="async" src="https://lh7-us.googleusercontent.com/1RJCzIzm8ke-Qmw5m2yVg8BmxVp7C3BF4GBWremd_Zq60vhzI-uke2tFDzP74mBq6XXOplEN3PaCCa9p6ScKt2uRWId6gYYinPJsTD4uR6MRDYlF2J-Y-MB2BlqAvyvDn48UemMJoCYCL2uiw45awAY" alt="SEI Price Surged Over 130% This Month, What's Going on in SEI?">
  <figcaption class="wp-element-caption"><strong>Source: SUI Price Chart By TradingView</strong>
  </figcaption>
 </figure>
</div>
<p>On the hourly chart, the SEI token showcases a rising parallel channel, and SEI persisted in forming higher highs. Per the technicals, the SEI token will soon reach the swing high of $0.3000, and further delights will soon be witnessed.</p>
<h4 class="wp-block-heading"><strong>Summary</strong></h4>
<p>The SEI <a href="https://www.thecoinrepublic.com/2023/06/07/qnt-price-analysis-will-bears-seize-control-back-in-qnt-price/" rel="noopener noreferrer nofollow">token </a>price showcased a massive surge, and buyers are celebrating the rally and continuing to extend the gains for the past sessions. The technicals suggest that the SEI token will continue to fly and reach the swing high of $0.2800 soon.</p>
<h4 class="wp-block-heading"><strong>Technical Levels</strong></h4>
<p>Support Levels: $0.2200 and $0.2000</p>
<p>Resistance Levels: $0.2700 and $0.3000</p>
<h5 class="wp-block-heading"><strong>Disclaimer</strong></h5>
<p>The views and opinions stated by the author or any other person named in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto or stocks comes with a risk of financial loss.</p>

SEI Price Surged Over 130% This Month, What’s Going on in SEI?

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Thecoinrepublic.com

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