SUI vs SEI, Analyst Believes SEI Could Pump With the Market Despite SUI Outperforming SEI, Sets Bullish Targets
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Analyst takes a closer look at SUI and SEI as altseason approaches.
Despite SUI’s utter outperformance, he believes SEI is still in the game.
He set two bullish targets at $1.15 and $3.37 for SEI.Bitcoin is holding firm near $88,000 after reaching a recent all-time high (ATH) of $93,434.36. In just two weeks, Bitcoin surged from the $73,000 level to over $93,000, making this Q4 one of the most bullish seasons to date. The rapid gains have generated strong optimism that Bitcoin could soon break into six-figure territory.
Many experienced analysts predict that Bitcoin could see ATHs between $100,000 and $150,000 by the end of Q4, with extended cycle projections hinting at potential highs of $220,000, $320,000, or even $520,000 by 2025. The current Crypto Fear & Greed Index score of 80, in the “extreme greed” range, reflects the growing excitement.
Adding fuel to this sentiment are recent events, including the election of pro-crypto candidate Donald Trump and the favorable ‘golden pocket’ trading phase, further boosting the market’s bullish outlook. With these factors in place, anticipation for a forthcoming altseason is on the rise.
SEI vs SUI— CryptoBullet (@CryptoBullet1) November 14, 2024
$SEI has completely lost the competition to $SUI ⭐️
But is it over for $SEI? I don’t think so.
It will pump with the market 📈 pic.twitter.com/IEKSCP0umC
Supporting this momentum, many altcoins have either started climbing or are showing bullish signals on their price charts. According to the post above, this analyst highlights how SEI is underperforming in the shadow of SUI’s epic and continued surge.
