Today's top price prediction for the crypto assets with the largest pump: SEI, PENGU, and FARTCOIN, as risk appetite sentiment rebounds, triggering a trend reversal that attracts follow.

Sei (SEI), Pudgy Penguins (PENGU), and Fartcoin (FARTCOIN) have all recorded double-digit growth in the past 24 hours, outperforming the overall performance of the Crypto Assets market. The minutes from the Federal Reserve (FED) FOMC meeting have sparked optimistic sentiment in the market regarding future interest rate cuts, bringing risk appetite back to the Crypto Assets market, pushing Bitcoin to break through $117,000, setting a new historical high. From a technical perspective, as the upward momentum of the Crypto Assets turns bullish, the market is expected to continue its upward trend.

SEI bullish momentum continues, expected to rise further

FXStreet analyst Vishal Dixit stated that as of Friday's press time, SEI price has increased slightly by 8%, with a previous day's increase of 15%. The altcoin maintains a bullish momentum, forming a double bottom reversal from $0.2562, and broke the neckline at a closing price of $0.3068 on June 24.

If the daily closing price is above that level, it will validate the bullish pattern and may expand the pump to $0.3642, with the last test on January 21.

Nevertheless, traders should still pay attention to the moving average convergence divergence (MACD) indicator, which is about to issue a buy signal. The crossing of the MACD line with its signal line will mark the trend reversal signal for SEI.

At the same time, the Relative Strength Index (RSI) is gradually approaching the overbought zone, indicating a strengthening bullish momentum.

However, if the overall market dynamics change, there is still a possibility of a pullback to the level of 0.3068 USD for retesting.

(Source: Trading View)

PENGU Trend Reversal Gains Attention

PENGU rose over 8% on the day, continuing a 24% increase since Thursday, recovering the psychological level of $0.02000. This rebound exceeded the 50% Fibonacci retracement level of $0.01609, which covers the decline from $0.07000 on December 17 to the low of $0.00370 on April 7.

Typically, a breakout above the 50% retracement level signifies a trend reversal, with potential target levels at the 61.8% and 78.6% Fibonacci levels. Based on this, traders may find that the bullish trend of Pengu faces resistance near $0.02277 or $0.03731.

Technical indicators highlight a sudden surge in bullish momentum, with the MACD and signal maintaining an upward trend, avoiding crossovers. Meanwhile, the RSI breaks through the overbought boundary.

The downside is that PENGU's potential pullback may retest the 50% Fibonacci level at $0.01609.

(Source: Trading View)

FARTCOIN aims to continue the triangle breakout rebound

FARTCOIN has continued the recent breakout bullish momentum from the descending triangle. As of the time of writing this article, the meme coin has formed a long-legged doji candlestick and remains above the 19% pump from Thursday.

As FARTCOIN breaks out of the triangular formation, the upward trend may target the June 10 high of $1.39. If the daily closing price is above this level, it presents an entry opportunity, with the next potential resistance at $1.56, last tested on May 23.

The technical indicators remain bullish, with an RSI reading of 60, staying above the midpoint line, while the MACD indicator shows an increasing green histogram bar.

If FARTCOIN reverses from the resistance level of 1.39 USD, the possibility of retesting the 1.17 USD level cannot be ruled out.

(Source: Trading View)