Sei Price Surge: Can Circle’s Backing and ETF Hype Fuel the Next Crypto Rally?
Sei’s price is riding high—but can it sustain the momentum? With Circle’s stamp of approval and ETF rumors swirling, the crypto’s got traders buzzing. Here’s the breakdown.
Circle’s Blessing: A Game-Changer?
When a heavyweight like Circle throws its weight behind a blockchain, markets notice. Sei’s integration with USDC isn’t just technical—it’s a credibility boost. But let’s not confuse hype with adoption.
ETF Mania: Fuel or Folly?
Every crypto’s dream? An ETF tailwind. Sei’s no exception. Yet for every success story, there’s a graveyard of ‘next big things.’ Will this time be different—or just another case of Wall Street dressing up speculation as ‘innovation’?
The Verdict: Watch the Charts, Not the Headlines
Price action doesn’t lie. If Sei holds key support levels, the bulls might have a case. But in crypto, today’s moonshot is tomorrow’s liquidation. Trade accordingly.
Sei price technical analysis
The daily chart shows that Sei Price formed a slanted double-bottom pattern around the $0.15 level. It has now moved above the neckline at $0.2767, the highest swing on May 10 and the 23.60% retracement level.
Sei token has moved above the 50-day and 100-day Exponential Moving Averages, while the Average Directional Index has jumped to 24, a sign that the trend is strengthening. Therefore, the token will likely continue rising as bulls target the 50% retracement level at $0.4340.
