The SEI token is making waves with a 50% price surge this week, hitting $0.29 – its highest level in four months. This rally comes as network activity triples, but can it finally break the 5-month Death Cross that’s been weighing on the altcoin?
What’s Driving SEI’s Rally?
🚀 Transaction volume tripled in 3 months (1.6M daily) 🌐 Growing ecosystem adoption attracting investors 📈 50-day EMA rising toward potential Golden Cross
📈 Sei is heating up.
Daily txns have tripled in the last 3 months, now peaking at over 1.6M/day.
✅ Resistance: $0.30 (break could target $0.35) ✅ Support: $0.27 (must hold to maintain momentum) ⚠️ Risk: Drop below $0.24 would invalidate bullish case