Why is the SEI Price Up Today?
SEI buy volume exploded and the price quickly followed.
I. Key Support levels: $0.27
II. Key Resistance levels: $0.36.
1. SEI Rallies by Over 100% in Two Weeks!
Since mid-June, SEI experienced increasing buy volume that saw the price move higher and higher without any hesitation. At the time of this post, the SEI price is up by 112% compared to two weeks ago. This rally is impressive and managed to get this cryptocurrency to 30 cents. The current resistance is at $0. 36 and the support at $0.27.
2. Bullish Momentum Takes Price into Overbought Territory.
SEI’s RSI is above 70, signaling overbought conditions — a potential pullback could follow, just like in early May.
3. Buy Volume Exploded.
SEI buy volume hits levels not seen since Nov 2024, signaling a strong rally — a breakout above $0.36 could fuel further gains. To confirm this, the resistance at 36 cents has to break.