SEI the price of the bottom as defined by the Ath’s Ath’s Hits despite the crypt’s accident

The price of the price was in a strong trend down, but the technical and basic indicators suggest that it is possible when possible.

SEI (Sei), Layer-1 token, dropped to a small $ 0.1722 this week, over 70% from its highest level in December.

Toward Defi LlamaSEI are decentralized finance or Defi The ecosystem is shooting at all cylinders.

The total value locked in the network jumped to a record high of $ 340 million – a significant increase in considering that in February in February. This is also the main achievement because most layers-1 and layers-2 network spilled property during the current Cripto Crash.

Most players in SEI ecosystem added property this month. IEI Finance, the main credit lending protocol, accumulated nearly $ 200 million in the property, by 90% from the same period last month.

The sailor, DEX network, has 53 million dollars of assets, while Stargate, dragons, and Avalon laboratories also added funds.

The price of SEI can also encourage growing demand for the token. World Freedom Donald Trump Financial recently acquired SEI tokens worth over $ 100,000 – a sign to see the value in the token.

Technical analysis of the price of SEI

The daily shows that the price of SEI was in a strong run over the last few months. He dressed $ 0.7,343 in November to low $ 0.20 this month. The token remains below the 50-day and 25-day exponential average of movement.

The token formed a double bottom sample to $ 0.20, with a neckline to 0.7343 USD. The double bottom is one of the most popular forms for Bullish Reverseal in the market.

SEI also formed a pattern of bacara divergence. The MACD indicator continued to grow although the price has fallen. Similarly, the relative power index formed a number of larger high and higher falls.

Therefore, the token will probably refuse in the next few days, the next point of view that it is at 0.7343 dollars, the highest swing in December. This goal is about 265% above current level. The fall below support to $ 0,180 will undo the Bakery display.