The post SEI Aims to Reclaim $0.1363 as RSI Recovery Could Signal Start of New Uptrend appeared on BitcoinEthereumNews.com. Key Insights: SEI aims to reclaim $0The post SEI Aims to Reclaim $0.1363 as RSI Recovery Could Signal Start of New Uptrend appeared on BitcoinEthereumNews.com. Key Insights: SEI aims to reclaim $0

SEI Aims to Reclaim $0.1363 as RSI Recovery Could Signal Start of New Uptrend

Key Insights:

  • SEI aims to reclaim $0.1363 as RSI recovery near 50 could trigger a potential upward trend.
  • The Sei blockchain records $380 million DEX volume in 12 days, showing rising user and developer interest.
  • Daily active users hit 1 million, while monthly usage reaches 9.6 million, pointing to strong adoption growth.
SEI Aims to Reclaim $0.1363 as RSI Recovery Could Signal Start of New Uptrend

SEI is trading near a key decision level after falling from $0.1363 to $0.1179, the price is now showing signs of stability. Traders are watching closely as the next move could decide the trend.

The live price of SEI stands at $0.122185, with a 1.85% gain in the last 24 hours. As momentum shifts, the market is focused on whether SEI can reclaim the $0.1363 level.

RSI Level Signals Key Turning Point

The price of SEI dropped by around 10% after facing resistance at $0.1363. The correction brought the asset down to $0.1179 while keeping the broader structure intact. Analysts are now focused on the Relative Strength Index (RSI).

According to Umairorkz, a reclaim of 50 RSI would signal momentum recovery and allow price to move back above the rejected trendline. Traders believe this could open the way for a new upward push. However, acceptance below this level could shift the market direction lower.

Technical Outlook Shows Mixed Signals | Source: X

A break below the RSI 50 level could lead to more losses and if that happens the price may fall toward the Point of Control (POC) near $0.1114. This price area has seen high trading activity and could act as a support level. There is no middle ground between these levels, according to the analysis.

SEI Network Sees Growing Adoption

Despite price uncertainty, SEI continues to show strong network activity. Trader Merlijn shared that SEI has seen 1 million daily users and over 9 million monthly users. This rise in adoption may be a key factor in future price movement.

Market watchers often say that user growth comes before price movement. The growing number of users could help SEI hold its current price level. As adoption increases, many are watching to see if this growth will support a stronger uptrend in price.

Other analysts suggest SEI is still early in its development. NekozTek said, “If you think you’re late, the Giga upgrade hasn’t even fully kicked in yet.” The comment points to expected changes that may boost performance.

Volume and Liquidity Attract Attention

SEI is also recording strong volume in the decentralized exchange (DEX) market. In just 12 days, SEI posted $380 million in DEX volume. This shows strong liquidity and interest from both traders and developers.

The blockchain’s sub-second finality may be helping this growth. Faster transaction speeds and higher liquidity make SEI attractive to developers and users. As a result, the network continues to grow while the market waits for the next price move.

While some traders remain cautious, the data shows rising usage and growing network strength. Whether the price can move past $0.1363 depends on market momentum and the RSI trend in the coming days.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Source: https://coincu.com/analysis/sei-aims-to-reclaim-0-1363/

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