SeiShort
Sei (SEI)
Sei (SEI)
Sei introduces an innovative approach in the blockchain space, tailored to improve the functionality and performance of decentralized exchanges (DEXes). As the first sector-specific Layer 1 blockchain, Sei is dedicated to optimizing trading processes, providing exchanges with a notable competitive advantage.
Sei price suffered rejection from an upper trendline resistance and declined. The price noted a significant 23% fall and claimed the 5th most underperforming crypto of the week.
The long term as well as the short term trend is bearish at the moment which indicates a continued selloff in the crypto. On the lower side, the $0.249 level may act as a support which if breached may drag the price towards the next support of $0.167.
Sei introduces an innovative approach in the blockchain space, tailored to improve the functionality and performance of decentralized exchanges (DEXes). As the first sector-specific Layer 1 blockchain, Sei is dedicated to optimizing trading processes, providing exchanges with a notable competitive advantage.
Sei price suffered rejection from an upper trendline resistance and declined. The price noted a significant 23% fall and claimed the 5th most underperforming crypto of the week.
The long term as well as the short term trend is bearish at the moment which indicates a continued selloff in the crypto. On the lower side, the $0.249 level may act as a support which if breached may drag the price towards the next support of $0.167.
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