Sei Price Jumps Nearly 10% as Traders Eye Key Technical Rebound
Sei (SEI) has caught the attention of traders after a strong move upward, with the token rising almost 10% in the last 24 hours to trade around $0.296.
The rally comes as technical analysts highlight a potential rebound forming on SEI’s three-day chart.
According to market analyst Ali, SEI has once again tested its 50-day simple moving average (SMA). The last time the token bounced from this level, it went on to record an impressive 120% rally. If history repeats, a new wave of bullish momentum could be underway.
The uptick in price has lifted SEI’s market capitalization to $1.81 billion, with 24-hour trading volume climbing over 27% to $162 million. Its fully diluted valuation (FDV) now stands at $2.96 billion.
Momentum around Sei has been gradually building over recent weeks, supported by renewed interest in altcoins across the market. With SEI currently hovering near a critical support zone, traders are watching closely to see if the breakout will extend further or face resistance.
For now, the combination of stronger trading activity and bullish technical signals has placed Sei back in the spotlight, raising expectations of a possible larger rally if buyers maintain control.
The information provided in this article is for educational purposes only and does not constitute financial, investment, or trading advice. Coindoo.com does not endorse or recommend any specific investment strategy or cryptocurrency. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
