Sei (SEIUSD) Price is Bouncing Upwards

Sei (SEIUSD) Price Forecast: January 19
After a brief dip, the SEIUSD price is now bouncing upwards and sending a clear bullish signal at the $0.81820 supply level above the EMA. Fueled by this price uptick, if the crypto’s price sustains above the $0.87420 high level, the potential rally could surge higher to hit $0.90000 and beyond, potentially triggering the wave of longs in anticipation of a bullish breakout.

Key Levels:
Resistance Levels: $0.7500, $0.8000, $0.8500
Support Levels: $0.4500, $0.4000, $0.3500

SEI (USD) Long-term Trend: Bullish (4H Chart)
The sei market is bouncing upwards and looks good for the buy traders in its long-term outlook. The coin price has walked a lateral path, trying to sustain above the $0.87420 supply level.

The bulls’ increased momentum at the $0.80001 supply value during the previous action has allowed the SEIUSD price to remain strong above the resistance lines in its recent high.

Amidst the recent sell-off in previous action, the sei price climbed up to the $0.81820 high mark above the EMA, trying to replenish the bullish momentum. Thus if this bullish growth pattern and bouncing upwards is steady, an established uptrend will be achieved.

Additionally, as a result of an upward momentum shown by the price indicator, the bullish race might retest the $0.87420 resistance level in the coming days in its long-term outlook.

SEI (USD) Medium-term Trend: Bullish (1H Chart)
Despite the interference of short-term traders in the price flow, the Sei price is bouncing upwards on the 1-hour chart. This is a result of high turnover from the buy investors.

The pair reached and held the $0.79472 resistance level during yesterday’s session. As a result, the coin has been able to maintain its recent uptrend.

Today, the SEIUSD price is bouncing upwards and currently trades at a $0.81820 high value above the moving average and shows intraday gains.

With sustained buying, the coin price may bounce upwards to revisit the $0.87420 supply value soon and set the potential for further growth.

In continuation, buyers clustering around the market by pointing upwards on the daily signal means that the SEIUSD’s price will continue to bounce upwards. Therefore we can expect the upward rally to reach the $0.90000 trend line soon in its medium-term outlook.

Buy Sei on Longhorn