SEI: Grinds Higher Against BTC Amid Altcoin Weakness
SEI holds $0.07 with EMA50/200 support at $0.06 while grinding higher versus BTC despite recent altcoin sell-off.
SourceAnalysis
SEI shows resilience as many altcoins face heavy selling pressure, maintaining an upward grind against BTC and preserving its higher-highs higher-lows structure after a rounded bottom.
With price at $0.07 testing the upper Bollinger Band resistance while RSI(14) sits neutral at 49.49, the 50-EMA and 200-EMA confluence at $0.06 acts as firm long-term support; the MACD death cross signals short-term caution yet the overall bullish trend structure favors continuation once BTC stabilizes, supporting a constructive SEI price prediction into the next leg higher.
Michaël van de Poppe
@CryptoMichNLMacro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast