Join Our Telegram channel to stay up to date on breaking news coverage
The Sei price jumped 13% in the last 24 hours to trade at $0.29 as of 10:50 p.m. EST, with trading volume soaring 71% to $755 million.
The surge in the SEI price has pushed the altcoin to the top of the gainers list on CoinMarketCap.
Sei Breaks Out: Traders Now Watch $0.41
After a sustained uptrend through April and May, the SEI price faced a challenge around the $0.27 level. This then drove the asset down within a well-defined falling channel pattern.
The Sei price then found support around the $0.164 level, which allowed the altcoin to break out above the channel and breach the previous resistance level at $0.27.
As a result, the price of SEI has now surpassed the 50-day Simple Moving Average (SMA), strengthening the bullish outlook.
Meanwhile, the Relative Strength Index (RSI) shows signs of a continued surge at 65, while it is not yet overbought. This shows that the bulls have control but conditions are not yet overheated, which means that SEI still has some space to surge.
The Moving Average Convergence Divergence (MACD) has also turned positive, as the blue MACD line has crossed above the orange signal line.
If the positive momentum continues, the Sei price could target the next possible resistance around $0.412, a 41% surge from the current level.
SEI/USD Chart Analysis (Tradingview)
Conversely, if the price of SEI turns bearish at this level, the next possible support zone could be the 50-day SMA at around $0.219.
Meanwhile, investors are piling into a new Bitcoin-themed meme coin called Bitcoin Hyper (HYPER), which aims to scale the Bitcoin blockchain.
According to 99Bitcoins, a popular crypto channel on YouTube with over 723K subscribers, HYPER is one of the best crypto ICOs to buy now.
Bitcoin Hyper Presale Racing Towards The $2 Million Mark – Best Crypto To Buy Now?
Bitcoin has cemented itself as a hedge against economic uncertainty, currency debasement, and geopolitical instability. But despite its prominence, Bitcoin is still limited in functionality. It isn’t designed to host dApps, smart contracts, or DeFi protocols – areas where other blockchains like Ethereum and Solana thrive.
Enter Bitcoin Hyper. Bitcoin Hyper is developing a high-performance layer-2 solution for Bitcoin, using the Solana Virtual Machine (SVM) to support decentralized applications (dApps) and scalable smart contracts.
Additionally, the project functions on a decentralized Canonical Bridge. This ensures seamless and secure transfers between Bitcoin’s base layer and BTC Hyper.
Bitcoin Hyper is gaining traction, having raised over $1.68 million in early-stage funding so far.
🚨 Bitcoin Hyper is now live in Best Wallet! 🚨@BTC_Hyper2 is building Bitcoin’s first Layer 2 focused on real scalability — enabling fast, cheap BTC transactions, meme coins, dApps, and more.
It’s secured by Bitcoin L1 and powered by Solana VM tech for high speed and massive… pic.twitter.com/5Ktj12RCR1
— Best Wallet (@BestWalletHQ) June 5, 2025
If you buy and stake now, you can also unlock a massive 461% annual return. This return decreases as more people join, so it’s best to get in early.
Investors interested in participating in the presale can visit the official Bitcoin Hyper website to buy HYPER tokens for $0.01205 each using crypto or a bank card.
Buy before a price increase in less than 15 hours to lock in the best deal.
Visit the Bitcoin Hyper website.
Related Articles:
- Cathie Wood’s Ark Invest Trims Coinbase Stake As COIN Hits New All-Time High
- The Fall Of Solana In The NFT Market – What Went Wrong?
- New Cryptocurrency Releases, Listings, & Presales Today
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
