The cryptocurrency market presents various trends, with some coins testing support levels while others face resistance.
SEI Holds Support at $0.283
SEI continues to show noticeable volatility, swinging between $0.2830 and $0.3100, currently settling at $0.2886 with a 5.71% decline. The $0.283 level has acted as a strong support zone, providing bulls with a potential launchpad for upward movement. If buying momentum returns, targets may include $0.310, $0.319, $0.350, and $0.389. However, technical indicators like a negative MACD and weak Chaikin Money Flow suggest ongoing bearish pressure.
XRP Struggles at $3.020
XRP remains pressured just below the $3.020 resistance, hovering around $2.980 and near its 100-hourly SMA. Multiple attempts to break above this level have failed, with $2.920 serving as a reliable support area. A move above $3.020 could signal potential moves to $3.10, $3.12, and $3.18, while slipping below $2.880 may expose the price to deeper support at $2.810 and $2.750.
Cold Wallet in Presale Phase
Cold Wallet is designing an ecosystem where activity directly fosters value growth. Currently in Stage 17 of its presale, over 703 million tokens have been sold, raising a total of $5.9 million. The current token price is $0.00998, with a confirmed launch price of $0.3517. The system aims to enable early participants to maximize rewards as activity on the platform increases.
The cryptocurrency market displays diverse movements, with SEI and XRP sitting at critical support and resistance levels, while Cold Wallet actively progresses in its presale.