Below is the latest updated analysis on three cryptocurrencies SEI, LINK, and AVAX, including current prices, technical trends, notable news, and short-term trading strategies for both spot and futures markets.
1. SEI (Sei Network)
Current price: $0.2001
24h volatility: +0.13%
Market capitalization: $1.02 billion
24h trading volume: $55.97 million
Technical analysis
• 15-minute frame: Price fluctuating within a narrow range of $0.195–$0.201, indicating short-term accumulation.
• 1-hour frame: RSI at 52, showing a neutral trend; MACD crossover is slight, unclear direction.
• 4-hour frame: Price is testing the resistance area of $0.205; if it breaks through, it could aim for $0.215.
• 1-day frame: Slight upward trend; RSI at 58, indicating bullish momentum still maintained.
Notable news
• Investment from World Liberty Financial: This organization purchased 4.89 million SEI valued at $775,000, pushing the price up 20% before stabilizing.
• Launch of USDT0 on the SEI network: The integration of USDT0 enhances liquidity and expands the ecosystem.
• ETF proposal based on SEI: Canary Capital has filed for the establishment of the first ETF based on SEI, combining investment and staking.
Trading strategy
• Spot: Buy around $0.195–$0.198, target profit at $0.205–$0.215.
• Futures:
• Long: If the price breaks $0.205 with increased volume, target $0.215–$0.22; stop loss at $0.195.
• Short: If the price does not break $0.205 and turns down, target $0.19; stop loss at $0.206.
2. LINK (Chainlink)
Current price: $14.02
24h volatility: +3.7%
Market capitalization: $9.22 billion
24h trading volume: $281 million
Technical analysis
• 15-minute frame: Price slightly increased from $13.8 to $14.02, indicating short-term bullish momentum.
• 1-hour frame: RSI at 65, near overbought territory; MACD gives a bullish signal.
• 4-hour frame: Price is testing the resistance area of $14.2; if it breaks through, it could aim for $15.
• 1-day frame: Clear upward trend; RSI at 70, caution needed for potential correction.
Notable news
• New rewards program: Chainlink implements a rewards program for stakers, aimed at enhancing community participation.
• Technical model: LINK is forming an inverted head-and-shoulders pattern, signaling strong bullish potential if it breaks through resistance at $15.
Trading strategy
• Spot: Buy around $13.5–$13.8, target profit at $15–$16.
• Futures:
• Long: If the price breaks $14.2 with increased volume, target $15.5–$16; stop loss at $13.8.
• Short: If the price does not break $14.2 and turns down, target $13; stop loss at $14.3.
3. AVAX (Avalanche)
Current price: $20.08
24h volatility: +2.5%
Market capitalization: $8.4 billion
24h trading volume: $247 million
Technical analysis
• 15-minute frame: Price increased from $19.8 to $20.08, indicating short-term bullish momentum.
• 1-hour frame: RSI at 60, upward trend; MACD gives a positive signal.
• 4-hour frame: Price is testing the resistance area of $20.5; if it breaks through, it could aim for $22.
• 1-day frame: Upward trend; RSI at 65, need to monitor for potential correction.
Notable news
• Avaissance Initiative: Avalanche Foundation launches a program to support NFT artists, promoting the development of the ecosystem.
• Bullish prediction: Analysis shows AVAX could rise 40% if it breaks through the current resistance area.
Trading strategy
• Spot: Buy around $19.5–$20, target profit at $22–$24.
• Futures:
• Long: If the price breaks $20.5 with increased volume, target $22–$24; stop loss at $19.5.
• Short: If the price does not break $20.5 and turns down, target $18.5; stop loss at $20.6.
Note: The above strategies are based on technical analysis and current market information. Investors should carefully consider and manage risk when trading.
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