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SEI Price Breakout?

scaredycatguide

Published: 16 Mar 2024 › Updated: 16 Mar 2024SEI Price Breakout?

SEI Price Breakout?

I jumped into this coin a couple months back on not much more than a decent buy area on the chart and it being called a potential "ethereum killer" in the long list of those that get tagged that.

Figured, being Solana and some of these other "killers" have done pretty well it was worth a calculated gamble.

The token has been stuck in a range for a bit with $1 being an upside cap.

That is until today!

As you can see on the daily chart, price has finally pushed through the $1 level to clock a new all time high. I'd like to see it established above $1 so that can become the new floor.

The current daily candle is showing a decent upper wick as I type this so hopefully we aren't getting a reversal candle. Still alot of time left on that candle though, like 18 hours so not worried about it at the moment.

Plus, bitcoin and crypto on a whole has been down the past few days and this coin is breakout so that's good too.

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