SEI Surges 8% While Market Struggles, Analysts Predict 100% Upside Potential

Key Notes

• SEI network surges as TVL hits $198.9M, with active addresses rising 33%.
• Analysts eye $0.33-$0.52, backed by whale accumulation and liquidity sweeps.
• SEI price analysis suggests trendline breakout could push SEI beyond $0.3680.

As Bitcoin BTC $81 536 24h volatility: 1.1% Market cap: $1.62 T Vol. 24h: $13.74 B witnesses a minor recovery to $86,000 after visiting the $84,000 level, SEI is one of the key altcoins holding its crucial support. With a bullish turnaround from the $0.20 psychological mark, SEI $0.17 24h volatility: 2.2% Market cap: $853.03 M Vol. 24h: $53.29 M is hinting at a potential bullish rally.

Currently, SEI trades at a market price of $0.2669 with a return of 8.11% in the past 7 days. Will this short-term recovery result in a new swing high?

SEI Price Reversal Eyes Trendline Breakout

As the broader market experiences a sharp correction, SEI is showing signs of a potential turnaround. After plummeting nearly 50% in January, the SEI token rebounded impressively with a 20% surge last week.

This completed a Morning Star pattern (a bullish reversal candlestick formation that occurs at the bottom of a downtrend) on the weekly chart and hinted at a potential recovery run. In the daily chart, the SEI token reveals a double bottom reversal from slightly above the $0.20 psychological mark.

Currently, the SEI token retests the broken S1 pivot support level at $0.2556 with lower price rejections. Furthermore, the recovery run is on the verge of breaking above the local resistance trendline.

If the uptrend gains momentum, the trendline breakout could test the center pivot level at $0.3680. Supporting the chances of a bullish recovery, the relative strength index has reached a halfway level.

This recovery from the oversold region suggests a shift in trend momentum. Thus, the technical indicator projects a potential breakout rally ahead.

Based on these pivot levels, the center pivot level remains the immediate target for a trendline breakout rally at $0.3680. Beyond this, the price targets extend from $0.448 to $0.5572.

Thus, the upside potential for SEI is more than 100%. On the flip side, a bullish failure to overcome the local resistance will likely test the S2 pivot level at $0.1788.

Network Recovery Fuels Demand for SEI Token

With the SEI price recovery, the network has also seen a significant surge. The SEI total value locked has reached $198.9 million compared to the $166 million drop on February 8.

Furthermore, the DEX volume has reached $27.5 million with a recent 7-day high of $33.6 million. Finally, the activity over the network has also increased with the daily active addresses rising up to 338.7k compared to 255k on February 16.

Analysts Extend Price Targets from $0.33 to $0.52

Supporting the bullish chances of recovery, Daan Crypto Trades has highlighted SEI as a relatively well-performing crypto amid the broader market chaos. The SEI token has cleared major liquidity by sweeping August lows, triggering a sharp reversal.

$SEI Has been doing relatively well the past few weeks and even trended up during all the recent chaos.

This has taken out all the liquidity by sweeping those August lows.

Currently trying to get above this local high volume area which would lead the way open to ~$0.33 pic.twitter.com/DG4BiOC7ot

— Daan Crypto Trades (@DaanCrypto) February 27, 2025

Currently, the uptrend in the recovery run is challenging the local high-volume area near the $0.26 mark. A bullish continuation could lead to a smoother climb toward $0.33, according to analysts.

Providing an even more optimistic viewpoint, Ted Pillows, a crypto analyst, has highlighted the SEI’s quick reversal from the $0.20 psychological zone. The analyst also highlights Donald Trump’s World Liberty Financial purchasing SEI recently with the token consolidating while the broader market took a steep correction.

$SEI held up really well throughout the current market dip.

First Trump's project bought SEI and now SEI is consolidating while BTC is going down.

This looks like a massive run is coming. pic.twitter.com/aBtRhXnP9s

— Ted (@TedPillows) February 27, 2025

Hence, with the short-term recovery in the broader crypto market, the uptrend is expected to gain momentum and challenge the overhead trendline near $0.52.

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