SEI Crypto Records 2-month High, Eyes To Hit $0.65 This Uptober?
With the Bitcoin price holding its value above the $63,000 mark, the crypto market continues experiencing a strong bullish recovery. Furthermore, with the recent developments in the Decentralized Finance (DeFi) ecosystem, the SEI crypto has come under the limelight.
*Why is SEI Crypto rising?â and âHow High will SEI price go?â.*
_SEI Coin Price Hints A Bullish Breakout!_ đ
Amid increased market volatility, the SEI price has jumped 10.64% within the past day with a trading volume of $236.55 million.
Furthermore, it has jumped 29.67% over the past week and 35.97% during the past month.
Moreover, with a circulating supply of 3,524,861,111 tokens and a market capitalization of $1.35 billion, it has secured the 54th position in the global cryptocurrency market list.
The Simple Moving Average (SMA) has displayed a bullish convergence in the 1D time frame.
This indicates an increase in the buying-over-selling pressure for the altcoin in the market.
*How High Will SEI Go In 2024?*
If the market continues to gain momentum, the SEI price could breach its resistance level of $0.40 and head toward its upper level of $0.6015.
Maintaining the price at that level will attain the target levels.
