SEI Crypto Price Targets $0.70 After Bullish Pennant Breakout Signals Surge
SEI has captured the attention of analysts, as it prints a bullish pennant pattern on its chart, signaling a potential breakout. According to analyst CryptoBullet, this technical formation typically follows sharp price movements and indicates consolidation within a narrowing range before a decisive upward move.
If the breakout is successful, CryptoBullet anticipates a price target between $0.50 and $0.70, marking a significant upside potential for the token. This pattern suggests that it could be preparing for a continuation of its previous upward trend, potentially leading to a 50% price surge.
Meanwhile, Crypto Tigers highlights the breakout from a two-year downtrend wedge, noting a completed accumulation phase and a shift in…
