Sei Network Price Surges +25%: Here’s What to Expect Next

/ Discover the surge in SEI Network’s token price, up by +28% in the last 24 hours. Explore the factors behind this rise and what to anticipate next at $0.202.

By CoinsProbe.

Date: 23 Nov 2023, 10:53 AM IST

SEI Network, the pioneering Layer 1 blockchain tailored for specific sectors, is making waves in the cryptocurrency market today. Investors are witnessing a remarkable surge in the SEI token price, soaring by an impressive +28% in the last 24 hours. As of now, the SEI token is actively traded at $0.202, boasting a substantial market cap of $363 million.

Factors Driving the SEI Network Token Surge:

The driving force behind the notable surge of the SEI token lies in its triumphant breakout from a formidable resistance level. This breakthrough occurred at the price level of $0.0170, signaling a bullish trend for the SEI Network.

What to Expect in the SEI Network:

Having conquered the major resistance level, the SEI token is now on a trajectory aiming for its next challenge – the resistance level set at $0.2523. This marks a substantial +24% increase from the current trading price of $0.202.

Investors and enthusiasts alike are keeping a keen eye on the SEI Network as it navigates this upward trajectory.

Disclaimer:

The information provided in this news article is for informational purposes only and should not be considered as financial advice. Cryptocurrency investments involve risk, and readers are encouraged to conduct their own research