📈 Analysis and forecast for further prospects 🚀
As of May 23, 2025, 13:10 EEST, the price on Binance is $0.2477, with an increase of 2.4% over the last 24 hours. The trading volume for the day is around $94M, and the market capitalization is $1.32B (with a circulating supply of 5.3B SEI). Sentiment on X is positive: users predict an increase to $0.30 with potential up to $0.50–$0.70.
Technically, it shows signs of reversal. On the 4-hour chart, the price is trading above the 50-day moving average ($0.24), and the RSI (14) at 54 indicates moderate bullish momentum. Key levels: support — $0.24, resistance — $0.25. A breakout above $0.25 could push the price to $0.30, but a drop below $0.24 would increase pressure towards $0.22.
Forecast: in the short term (until the end of May) SEI could reach $0.30 with an increase in volume and news. By July 2025, a correction to $0.22 is possible if the market becomes volatile. The long-term target for 2026 is $1.00+, assuming growth in the Sei Network ecosystem and interest in L1 blockchains. Fundamentally, Sei remains promising due to its high transaction speed and support from major investors.
Further prospects? After a 2.4% increase and the current price of $0.2477, upward movement is possible with a breakout above $0.25. It's better to wait for trend confirmation before entry. For holders: taking profit is justified upon reaching $0.30. Keep an eye on volumes and news related to the development of Sei Network. The market is volatile — be careful!
