SEI is currently trading at $0.3426, marking a slight uptick of 0.14% in the past 24 hours. The trading volume over the same period reached $171.69 million, reflecting a 2.07% rise. Despite the modest gain, the token still shows signs of hesitation after a 4.56% drop over the past week. The current price action indicates a tug-of-war between cautious bulls and patient bears.
Market watchers note that SEI is attempting to stabilize at current levels. It’s hovering around a crucial support point. Traders are watching for signs of momentum, especially after the recent low-volatility period. Any major moves could set the tone for the coming weeks. The price needs a strong push to break above resistance or risk further correction.
Traders Watch SEI for Bullish Momentum
Crypto analyst Jonathan Carter has identified a bullish pattern. He points to an inverse head and shoulders formation on SEI’s daily chart. According to Carter, the token is now bouncing from the neckline — a classic indicator of potential upward movement. He suggests that if SEI holds this level, the price may push towards $0.430, $0.480, $0.555, and possibly even $0.700.
This pattern doesn’t guarantee success, but it has caught the attention of traders. Momentum is key, and SEI must sustain volume and interest to reach those targets. Carter emphasizes that any slip below the neckline could signal a failed breakout. If SEI keeps building on this base, a sustained rally might unfold. But crypto sentiment remains fragile.
Strong Fundamentals Drive SEI Growth Outlook
DigitalCoinPrice is bullish on SEI. The site predicts that SEI might hit as high as $0.75 by the end of the year with the possibility of crossing its previous all-time high of $1.14. Market analysts and investors expect SEI to trade as early as $0.66 to $0.75 pending favorable market conditions. Strong fundamentals and rising use cases are the long-term catalysts they mention.
Changelly is less aggressive in its prediction. For the year 2025, they place the possible for SEI at $0.296 with the average price moving between $0.338. With trends as they currently stand, they expect the possible ROI to reach -13.7%. For July of 2025, they are predicting the average to reach $0.299 as the downtrend continues to stay gentle. Unlike DigitalCoinPrice, Changelly is foreseeing short-term weakness with future potential.