Sei Price Prediction: 2024, 2025, 2030

SEI price prediction: Key highlights

1. Primary support and resistance levels

• Within the daily timeframe, a support level of $0.59 can likely be established as the lowest floor.
• Conversely, $1 was established as the highest resistance level.

2. Market sentiment

• SEI remains dominated by a bearish trend in April 2024.

3. Predictive forecasts

• Based on forecasts from our AI/ML models, SEI is projected to trade at an average price of $3 in 2028 and $12 in 2033.

Gain deep insights on SEI via a comprehensive daily technical analysis, followed by the coming days of the month, upcoming months, and yearly forecast tables derived from our AI/ML-based predictive models: 

SEI technical analysis: Bulls face uphill battle to reclaim $1

The technical analysis of the daily chart for SEI offers a compelling narrative of the asset's price movements and investor behavior over the observed period. It sheds light on its potential future direction, which is crucial for those interested in Sei price prediction for 2024.

The analysis period commenced with the bulls struggling to maintain momentum, as evidenced by the price's rejection at $0.90. This initial setback precipitated a series of declines, which persisted into the first week of March. It eventually made the price touch its lowest support level on the chart at $0.69. 

As the week drew to a close, there was a notable shift in momentum. The buyers regrouped, launching a concerted effort to drive the price upwards. Their endeavors were momentarily successful, as the price breached the $0.90 resistance. 
 

Nonetheless, this achievement was short-lived, as a minor retraction ensued. By mid-March, a significant price surge allowed SEI to overcome this resistance again, thereby marking $1.0 as the new highest resistance. Simultaneously, the altcoin achieved its all-time high (ATH) of $1.14.
 

Despite these gains, the following weeks saw a reversal of fortunes. The price experienced a pronounced decline, retracting below the $0.90 mark. The market found support at $0.77, which became a critical juncture for potential recovery. Efforts to breach the $0.90 resistance were made yet again but were met with resistance.

By April, the situation had deteriorated further, with the price descending below the $0.77 mark. This downtrend stabilized at the lowest support, with the trading price marginally recovering to $0.71 at the time of writing.
 

This recovery could be attributed to the launch of the Sei Creator Fund. It is a $10 million initiative aimed at supporting the development of new projects and the expansion of current non-fungible token (NFT) and social projects within the Sei ecosystem.

Given the current market dynamics, it is crucial for the bulls to stabilize above $0.90, though it may prove challenging. If successful, the price could revisit its ATH. Meanwhile, sustaining momentum above the critical $1 mark could pave the way for further gains.

Conversely, increased bearish pressure could make the current support level of $0.69 a major target. A break below this support could potentially drive the price down to $0.59, marking it as the next threshold to prevent further declines.

Looking forward, prediction models appear optimistic about SEI's price trajectory. Projections indicate an average price of $3 by 2028, with a more ambitious forecast suggesting a rise to $12 by 2033. These forecasts reflect a bullish outlook on the asset's long-term value appreciation, suggesting that current price fluctuations may represent temporary setbacks within a broader upward trend.

SEI's 2024 roadmap: Key indicators to watch and trade

• The Awesome Oscillator (AO) dipped briefly below the zero line at the close of the first week of March. However, this downward movement was short-lived, as the indicator turned positive shortly thereafter.
• Towards the latter half of March, the AO experienced another decline below zero. Although there was a brief positive turn towards the month's end, this was quickly reversed. As the analysis concluded, the indicator registered at -0.1146. This reflected that the bearish momentum had strengthened.
• The Chaikin Money Flow (CMF) indicator also showed initial declines below the zero line towards the end of February and again in the first week of March before predominantly staying above zero.
• It started descending continuously by late March, eventually moving below the zero line in April. After reaching as low as -0.13, it stood at -0.06 at the time of writing. This suggested that while selling pressure remained dominant, there was a slight increase in buying activity. 
• The trading volume closely mirrored the price movements. Increases in the asset's price were matched with recoveries in trading volume, indicating heightened buying interest.
• Notably, a significant spike in volume was observed at the asset's ATH. However, as the price declined, the trading volume diminished, reflecting a decrease in market participation.