Markets· ★★★· bullish·

SEI Doubles From August Low, Tests Upper Edge of Falling Wedge as Staked SEI ETF Nears

  • —SEI is up more than 100% from its August low of $0.03824 to $0.08010
  • —The token is testing the upper edge of a long-term falling wedge
  • —REXShares and Osprey set October 23 as the effective date for their Staked SEI ETF
  • —A breakout targets $0.10 and $0.18; a rejection could send SEI back toward $0.03824
Why it matters: A wedge breakout or ETF approval could set SEI's direction for the coming weeks.
Source: Coinpedia