SEI Leads Crypto Market With 43% Weekly Surge – $0.5 Reclaim In The Horizon? — TradingView News
After breaking out of a bullish formation, SEI is attempting to reclaim a crucial level to continue its rally. Some analysts suggest that the cryptocurrency is preparing for another massive rally toward the $0.50 resistance.
SEI Leads Crypto Market
As the market recovers from the recent pullback, SEI has soared from its local low and broken out of crucial levels. Earlier this week, the cryptocurrency pulled a nearly 100% rally from its 16% drop.
Notably, SEI’s price followed the rest of the market last week and retested the $0.15 level, a support not seen since early April. Over the weekend, the altcoin recovered the crucial $0.20 area before jumping nearly 70% at the start of the week.
Since then, the token has been hovering between…