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Sei (SEI) broke out, the rise has begun!
Popular cryptocurrency Sei (SEI) rallied 12% after breaking a key resistance point.
Popular cryptocurrency Sei (SEI) rallied 12% after breaking a key resistance point.
The cryptocurrency market went green as Bitcoin (BTC) rose above $43K. Prominent rises were seen in many altcoins. Cryptocurrencies, which made a great impact especially in the cryptocurrency market and were included in the major class, came to the fore again.
The SEI, which we mentioned before as Coinkolik and stated that it was at an important breaking point, increased by 12 percent with the breakout at the resistance point.
Can Sei (SEI) sustain the rise after the breakout?
Layer-1 blockchain Sei continues to develop and grow its ecosystem day by day. Sei's native token, SEI, has recently attracted attention with its rise.
#SEI's rise was driven by a break of the resistance point in the $0.66 area.
Popular cryptocurrency SEI has tested the resistance point located in the $0.75 zone. Pulling back from this point under selling pressure, SEI is targeting $0.75. SEI's break of $0.75 and persistence above it could push the popular cryptocurrency to 0.80.
On the other hand, if the SEI fails to break through the $0.75 resistance and the selling pressure increases, it could pull back to the $0.7226 support. Losing this support point could lead to a drop to the intermediate support at $0.6925. SEI's other support points would be at $0.66 and $0.60.
#Btc. # #Rndr. # Pyth.. #Ron. # Link. Sei. #Sols.
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