Sei Price Prediction: SEI Surges 20% As Experts Say This Supercharged PEPE Token Could 100X

Sei Price Surges 20% in 24 Hours

The Sei price has rallied over 20% in the past 24 hours, trading at $0.3386 at 11:34 p.m. EST. This recent surge has pushed the weekly performance back into positive territory, with a 15% gain.

Sei Price Approaching Resistance Level

A bullish falling wedge pattern on the 4-hour chart for Sei has validated itself, leading to the current rally. Buyers entered the market as the altcoin approached the $0.2520 support level, pushing it above the $0.2940 and $0.3193 resistance levels. The Sei price is now attempting to breach the $0.3501 barrier.

If Sei manages to close a 4-hour candle above $0.3501 in the next 12 hours, it will likely continue its upward momentum. However, a rejection at this level could prompt profit-taking, potentially leading to a drop below the $0.3193 and $0.2940 support levels.

Bullish Momentum, but Overbought Territory

Technical indicators on Sei's 4-hour chart suggest that buyers are in control and could continue to push the price higher over the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators are showing positive signs.

The MACD line has crossed above the MACD Signal line, indicating a positive trend. The RSI line has also crossed above its Simple Moving Average (SMA), indicating that buyers have gained strength over sellers.

However, traders should note that the high RSI readings suggest that Sei is approaching overbought territory, which is typically seen as a sell signal. Nonetheless, there have been instances where high RSI readings persist for extended periods, particularly during crypto pumps.

Pepe Unchained: Potential 100X Gains

While traders are monitoring Sei's performance around the $0.3501 resistance level, investors are turning to the layer-2 meme coin Pepe Unchained (PEPU) for potential 100X gains.

Pepe Unchained aims to enhance the popular PEPE token by providing higher speeds and lower transaction costs through its layer-2 blockchain. By purchasing PEPU, users can access this improved transactional experience.

In the coming weeks, Pepe Unchained will open its layer-2 capabilities to other meme coin projects to serve as a launchpad for future tokens and introduce existing meme coins to a more scalable era.

The team has recently launched its Pepe Frens with Benefits campaign to incentivize developers to build applications on its network. Grant applications are now open for funding, and each will undergo a voting process within the Pepe Council.

The combination of its developer appeal and meme coin status positions Pepe Unchained for significant price gains. Popular YouTuber ClayBro has also expressed his belief in the project's potential for 100X growth.

Investors Flock to PEPU

Investors have recognized Pepe Unchained's potential in the meme coin space, as evidenced by the $13.8 million raised in its presale. Interested investors can still purchase PEPU using the buy widget on its website for $0.00981 using ETH, USDT, BNB, or bank cards.

Purchased tokens can be staked for an impressive 151% Annual Percentage Yield. Investors are advised to purchase before a price hike in about six hours to secure the best price.