SEI coin is predicted to soon approach and break above a key trendline, potentially forming a cup and handle pattern, which will involve a pullback and a bump-and-run leading to much higher prices with higher highs and higher lows.
"You're going to be approaching this trendline very, very, very soon. And if you can start to break above that, it's going to be looking really good. And we've seen this repeat pattern within the crypto markets, which is called a cup and handle formation. A cup and handle formation means you'll approach the neckline... You'll probably put in a bit of a pullback, which will likely lead into a bump-and-run scenario. The bump and run is going to throw back into this trendline, but all of that is much higher while simultaneously putting in higher highs and higher lows."