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<p>The Sei price plunged 10% in the last 24 hours to $0.6241 as of 5 a.m. EST on trading volume that plummeted 24% to $413 million.</p> 
<p>Sei, which is commonly viewed as a Solana competitor, recently completed an ABC correction on the four-hour chart. Crypto strategist Bluntz on X recently suggested that the coin might be gearing up for a big surge.</p> 
<h2 id="sei-price-prognosis">Sei Price Prognosis</h2> 
<p>SEI’s price recently managed to reach a resistance at $0.75, but its price was rejected on January 30.</p> 
<p>The token briefly encountered a support at $0.70, which briefly held it from sinking, but this level quickly broke, and so did the next one at $0.65. These two levels have since became resistances that are now holding the SEI price under them.</p> 
<p>In other words, if SEI price surges in the near future, it will have quite a few levels to breach before it recovers.</p> 
<p>As of the time of writing, however, the token seemingly found its bottom just above $0.62. Its Relative Strength Index (RSI) shows that it has gone from the overbought zone into the oversold area, with a current score of 37.33.</p> 
<p>This could be a good thing for the token’s price, as traders might see it as the right time to buy the dip, especially if well-known analysts are predicting that SEI is about to surge.</p> 
<p><img decoding="async" class="aligncenter size-full wp-image-477220" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Sei-Price-Prediction.jpeg" alt="Sei Price Prediction" width="1740" height="832" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Sei-Price-Prediction.jpeg 1740w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sei-Price-Prediction-300x143.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sei-Price-Prediction-1024x490.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sei-Price-Prediction-768x367.jpeg 768w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sei-Price-Prediction-130x63.jpeg 130w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sei-Price-Prediction-104x50.jpeg 104w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sei-Price-Prediction-83x40.jpeg 83w, https://insidebitcoins.com/wp-content/uploads/2024/02/Sei-Price-Prediction-1536x734.jpeg 1536w" sizes="(max-width: 1740px) 100vw, 1740px"></p> 
<p>However, Bollinger bands tell a different story, as the chart above shows. The bands have narrowed considerably over the last few hours, which is seen as a bearish signal, and could potentially hurt the token further.</p> 
<p>For now, SEI price has stabilized, but it could easily break the support at $0.62 and drop to $0.60 or even lower if the bearish pressure continues.</p> 
<p>Alternatively, if Bluntz’s prediction is correct and SEI sees a price surge, it will have a difficult time reaching $1, although it could still see a significant recovery to $0.70, or possibly back to $0.75.</p> 
<p>A surge to $1 would likely require a stronger bull run which would affect a wider crypto market, and as of right now the market is in the doldrums.</p> 
<h2 id="promising-alternative-to-sei">Promising Alternative to Sei</h2> 
<p>While SEI’s predicted surge to $1 could bring significant gains to the token’s holders, there are other opportunities that could be even more profitable.</p> 
<p>One example is a token called <a href="https://insidebitcoins.com/visit/etuktuk/" rel="nofollow">eTukTuk (TUK)</a>, which is currently in the middle of a presale.</p> 
<p><iframe title="eTukTuk Powering the Future of Electric Vehicles - New 10x Potential Cryptocurrency?" width="640" height="360" src="https://www.youtube.com/embed/W8gjq8Vum9I?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p> 
<p>The token invites investors to join the presale and, in doing so, also join the green AI revolution. This is an AI-powered sustainable transport solution that seeks to revolutionize transportation in developing nations, and eventually, everywhere in the world.</p> 
<p>Some in the industry suggest that ARK’s Cathie Wood would love this project, given her long-term support of Tesla, sustainability, and green solutions.</p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Happy New Year from eTukTuk! 🎉</p> 
 <p>As we usher in 2024, let's ride into a year of green journeys, sustainable choices, and impactful collaborations.</p> 
 <p>Together, let's drive change and make it a year of sustainable mobility! 🚗💚<a href="https://twitter.com/hashtag/NewYear2024?src=hash&amp;ref_src=twsrc%5Etfw">#NewYear2024</a> <a href="https://t.co/IfP0xdGi05">pic.twitter.com/IfP0xdGi05</a></p> 
 <p>— eTukTuk (@eTukTukio) <a href="https://twitter.com/eTukTukio/status/1741849026826543425?ref_src=twsrc%5Etfw">January 1, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p>Those who feel the same and tend to support green alternatives might want to join the project’s presale and help achieve its goal.</p> 
<p>The presale has already raised over $730k while selling its TUK token for only $0.02625. The token can be bought in exchange for BNB or USDT, or you can purchase it directly with a debit or credit card.</p> 
<p>As of the time of writing, the token has a bit over 12 days before it sees another scheduled price increase, so be sure to buy at the lower rate so you are in profit before it lists.</p> 
<p>You can participate in the presale <a href="https://insidebitcoins.com/visit/etuktuk/" rel="nofollow">here</a>.</p> 
<h3 id="related-news">Related News:</h3> 
<ul> 
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/how-to-buy-etuktuk">How To Buy eTukTuk (TUK) On Presale</a></li> 
 <li><a href="https://www.linkedin.com/pulse/best-web3-crypto-projects-top-picks-investing-future-calsona-qr6te/">Best Web3 Crypto Projects</a></li> 
 <li><a href="https://www.linkedin.com/pulse/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe/">Best Penny Crypto Investments</a></li> 
</ul> 
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Sei Price Prediction: SEI Plummets 10% While This Innovative ICO That Cathie Wood Might Love Races Towards $800 Million

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Inside Bitcoins

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