The crypto market is currently divided, with some altcoins showing strength and others taking a pause. SEI has caught attention with a significant rise, while Algorand signals potential risks.
SEI Demonstrates Sharp Rise
SEI has jumped 11% in the last 24 hours, with trading volume doubling, signaling strong interest from buyers. Predictions for SEI prices appear optimistic as the project breaks through key resistance levels.
Algorand Shows Warning Signals
Algorand (ALGO) recently touched the $0.30 mark, but the charts are signaling caution. According to crypto analyst Ali, the TD Sequential indicator suggests a potential cooldown. This doesn't confirm a major drop but indicates the latest rally might be losing steam.
BlockDAG Prepares for Upcoming Demo
BlockDAG is set to showcase its X1 Miner demo this week after raising over $348 million in presales. The project has attracted over 2 million users, and the demonstration will highlight how the X10 increases earnings when paired with the X1.
The crypto market shows a variety of sentiments: SEI continues to rise, while Algorand warns of downturn risks. BlockDAG leads the way, poised to demonstrate its accomplishments in mining.
