Sei (SEIUSD) Price Is Bouncing Upwards

Sei (SEIUSD) Price Forecast: July 17

The SEIUSD price is bouncing upwards to new resistance trend levels after a brief dip, signaling a bullish signal at the $0. 384 daily candles, fueled by an increase in investors’ confidence in the asset. Thus, if the bullish rally persists and the coin price sustains above the mentioned high value, the potential rally could surge to reach the $0.400 upper resistance level, offering a vibrant resistance to the crypto price.

Key Levels:
Resistance Levels: $0.383, $0.384, $0.385
Support Levels: $0.145, $0.144, $0.143

SEI (USD) Long-term Trend: Bullish (Daily Chart)

The Sei market is bouncing upwards and looks promising for buy traders in its long-term outlook.
The coin price has been walking a lateral path, attempting to sustain itself above the $0.384 supply level.

The bulls gained momentum at the $0.357 supply value during previous action.

This strength allowed SEIUSD to remain strong above recent resistance lines.

Amidst the recent sell-off, SEI price climbed to the $0.384 high mark above EMA-50.

This move tried to replenish bullish momentum. If this pattern is steady, an uptrend will be achieved.

Upward momentum shown by the price indicator supports a bullish outlook. SEIUSD may surge toward the $0.400 upper resistance in the higher time forecast.

SEI (USD) Medium-term Trend: Bullish (4H Chart)

Despite the interference of short-term traders in the price flow, the Sei price is bouncing upwards on the 4-hour chart, as a result of high turnover from the buy investors.
The pair reached and held the $0.344 resistance level in the previous session. As a result, the coin price has been able to maintain its recent uptrend.

Today, the SEIUSD price is bouncing upwards and currently trades at a $0.362 high value above the moving average, resulting in intraday gains for coin buyers.

With sustained buying, the coin price may bounce upwards to revisit the $0.380 supply value soon and set the potential for further growth.

In continuation, with buyers clustering around the market by pointing upwards on the daily signal, means that the SEIUSD’s price will continue to bounce upwards.

Therefore, the upward rally may swing to reach the $0.400 upper range of the market in its medium-term outlook

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