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The Sei price has pumped by 16% within the last 24 hours to trade at $0.838 as of 12:02 a.m. EST.
Sei’s pump comes as a show of resilience with the markets currently bleeding red and most altcoins facing corrections after recent rises. Crypto’s global market cap plunged 5% to $1.64 trillion in the past 24 hours.
The fact that the entire market is bloody and sei continues to pump is actually insane
HIGHER pic.twitter.com/maIleN2cnr
— fetty (@0xfetty) January 3, 2024
Sei Price Prediction
The short-term Sei price trajectory looks bearish as an analysis of 30-minute SEI/USDT charts reveals a looming correction on the token.
The Relative Strength Index indicator has deviated from its upward trajectory as it now moves south. This shows mounting selling pressure on SEI. The MACD indicator has also maintained movement in the red zone after a failed attempt to shift into the green zone.
This shows fading bull pressure as holders might now be looking to sell for profits.
The Sei price is moving within range. This suggests the possibility of a breakout on either side. As bears now struggle for dominance, should bulls fail to hold the $0.6 support level, a plunge in the short term will be imminent.
30-minute SEI/USDT charts | Source: TradingView
Meanwhile, as the Sei price risks facing a correction, yPredict’s YPRED token, currently in presale, presents itself as a good alternative for investors seeking explosive gains. The YPRED token presale has so far garnered over $6.3 million out of the targeted $6.5 million, showing great investor confidence in the project.
Sei Price Prediction: Is YPRED A Better Option?
As AI tokens take centre stage, yPredict has piqued the curiosity of cryptocurrency enthusiasts, sparking extensive discussions within the community. As the presale progresses, YPRED’s pricing value is expected to experience a steady ascent.
The token is currently priced at $0.11, with the listing price set at $0.12.
Distinguished figures in the cryptocurrency domain, including the likes of Michael Wrubel, rally behind yPredict, expressing optimism for a robust pump on its listing debut.
AI-Driven Transformation of Crypto Analytics
YPRED distinguishes itself by revolutionizing crypto analytics through the integration of cutting-edge AI-driven technology. The platform boasts advanced functionalities, encompassing real-time sentiment research, AI-powered technical analysis, and the groundbreaking Alt Pump 001 tool for identifying market opportunities.
🚀 Ready to boost your crypto portfolio? 📈 Check out yPredict, the altcoin with the potential for 20x gains! 💰
🔥 Earn up to 45% quarterly rewards with yPredict's staking platform.
🛍️ Get discounts on yPredict features and lifetime access to prediction tools.
📊 A one-stop… pic.twitter.com/rrwDnDUw9d— yPredict.ai (@yPredict_ai) November 9, 2023
Buoyed by its distinctive features and a warm reception from the market, anticipation is high for a substantial pump following its formal debut, driven by the enthusiasm surrounding its AI-powered capabilities.
Hence, with the Sei price headed towards a correction, investors eyeing projects with substantial returns in 2024 may find YPRED to be an enticing alternative.
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