Multiple Indicators Say It’s Time to Buy SEI Again: What to Expect Next

robot
Abstract generation in progress

SEI may be getting ready to move higher. According to analyst Ali (@ali_charts), a key indicator has just turned bullish. In a recent tweet, he said the Supertrend indicator flipped green right at the bottom of SEI’s trading channel.

This could mean the token is about to climb again. If SEI follows the same pattern it has shown before, it might rise all the way to $0.54.

That kind of move would be a big gain from current levels, and the timing makes sense. The market is starting to show some strength, and SEI looks like it could benefit from that.

@ali_charts / X Weekly Chart Indicators Are Turning Positive

Along with the Supertrend signal, other indicators on the weekly chart also support a possible move up. These readings come from Investing.com and focus on the longer trend, not just daily moves. Here’s what they show:

Name Value Action RSI(14) 51.316 Neutral — SEI is neither overbought nor oversold. It still has room to move up. STOCH(9,6) 63.401 Buy — This shows buyers are gaining control, and momentum is building. ADX(14) 28.924 Buy — The trend is getting stronger, which supports more upside. Williams %R -43.591 Buy — SEI still has strength left before reaching overbought levels.

These readings suggest SEI has good support to go higher, with no major signs of weakness.

SEI Looks Ready

Right now, most signals are pointing to a possible breakout for SEI. The Supertrend turning bullish is a strong sign, and the other indicators support that view. Analyst Ali believes SEI could reach $0.54 soon, and the current chart setup gives that prediction some backing.

Read Also: XRP Price Prediction for Today (August 7)

The RSI is neutral, which means there’s still room for growth. The Stochastic and Williams %R show buyers are active, and the ADX confirms the trend is getting stronger. All of this suggests that SEI might be ready for another rally. Investors watching Sei Network closely may want to pay attention to what happens next.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

The post Multiple Indicators Say It’s Time to Buy SEI Again: What to Expect Next appeared first on CaptainAltcoin.

SAY-1.82%
SEI0.55%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)