- In the last 30 days, SEI crypto returned 239% to its investors.
- SEI crypto chart shows a steady climb in the volume level.
Sei is a fast and secure blockchain for digital asset exchanges, powered by its Twin-Turbo Consensus. SEI is the native token that enables transactions, staking, governance, collateral, and trading fees. Sei was created by Jeffrey Feng and Jayendra Jog, along with a team of experienced professionals.
Although the trading volume of the SEI crypto has advanced by 123.83% in the last 24 hours, but and has witnessed good volume activity in the last few days. The price of the SEI crypto also has witnessed an impressive surge.
Also, the market has witnessed an advance of 10.86% in the last 24 hours. The current market cap of crypto is $1.899 Billion and as per CoinmarketCap, its ranking is 10th among other cryptocurrencies.
SEI is trading with a volume/market cap ratio of 40.33% and has a circulating supply of 2.425 Billion SEI. Moreover, the total supply of the crypto is 10.0 Billion SEI followed by an undefined max supply.
What Does SEI Derivates Data Say About Crypto?
SEI has witnessed a higher short liquidation of $1.04 Million against the long liquidation of $806.73K indicating the dominance of sellers in the last 24 hours.
Also, the derivatives trading volume of the crypto has advanced by 196.25% in the last 24 hours and the open interest has also advanced by 23.69%. Moreover, the long/short ratio of the crypto is 0.9662.
SEI Crypto Technical Analysis
After consistently advancing to higher level, the SEI crypto price has advanced by more than 9819% from the all-time lows. The trading price of the SEI crypto is trading in a range and if the price of the crypto breaks below the zone, we might witness a change in trend to bearish in the crypto.
SEI/USD Chart by TradingView
The indicators on the 4-hour chart of the SEI crypto are giving bullish signals, the price of the crypto is trading above the 20, 50 and 200-Day EMAs while the EMAs are following a golden cross on the chart.
The MACD is also giving a buy signal forming bullish histograms on the charts and the signal line trading above the zero level. The RSI is also following a bullish cycle advancing above the 14-day SMA on the charts and trading above the 50.
Summary
SEI crypto has soared by 239% in 30 days, with high trading volume and market cap. SEI is the token of Sei, a fast and secure blockchain for exchanges. SEI derivatives data shows strong demand and low supply. SEI technical analysis indicates a bullish trend and a potential breakout.
Technical Levels
Support Levels: $0.57170 and $0.69120
Resistance levels:$1.00 and $1.200
Disclaimer
This article is for informational purposes only and does not provide any financial, investment, or other advice. The author or any people mentioned in this article are not responsible for any financial loss that may occur from investing in or trading. Please do your research before making any financial decisions.
