SEI Network shows potential signs of a breakout on the daily chart, confirming a bullish trend. Strengthening demand and positive technical indicators have attracted attention to SEI's next moves.
SEI Price Chart: Breakout and Support Levels
The current SEI price chart shows that the token is testing a long-term descending trendline that has been in place since its all-time high in 2024. A breakout above this resistance may signal a revival of bullish strength in the market.
Historically, SEI cryptocurrency has found significant demand in the $0.25–$0.22 range, which is now acting as a key support area. If the price dips back into this range and holds, it could provide a solid buying opportunity for long-term holders or even benefit swing traders.
4-Hour Chart: Respecting the Ascending Channel
Zooming into the lower time frame, the 4-hour chart reinforces the bullish case. The price action continues to respect a clean ascending channel, marked throughout July 2025.
In fact, the SEI price recently bounced off the channel's lower boundary, where technical buyers would typically step in. Adding to this confluence, the EMA-9 and horizontal support align within the same region, boosting the odds of an upward continuation.
Fundamental Boost: Partnerships and ETP Launches
Recent SEI Network news has added fuel to the growing interest, including a surge in on-chain activity. SEI has become the number one EVM chain by weekly unique active wallets due to its expanding ecosystem.
Additionally, SEI has announced its integration with the Backpack wallet platform, which may enhance accessibility and usage. According to CoinShares, a staked SEI ETP has been launched, indicating growing interest from institutional investors. These developments signal rising demand for regulated exposure to the SEI ecosystem.
As of writing, the SEI price stands at $0.3139, with a 24-hour trading volume of $202.09 million and a market cap of $1.82 billion. Given these signals, the SEI Network price prediction remains positive, with strong potential for continuation if current levels hold or breakout conditions are met.
