
SEI & SUI Prices Approaching Key Resistance Levels—How High Can They Go in 2025?
As the crypto market continues to witness unprecedented growth, two rapidly ascending altcoins have caught our attention – SEI and SUI. Both Layer-1 blockchain tokens have been displaying robust price movements, driven by the rapid expansion of their decentralized finance (DeFi) ecosystems.
SEI, in particular, has seen a remarkable increase in user activity, as its on-chain activity surged past $650 million, accompanied by a 200% hike in daily transactions. This meteoric rise in TVL and transactional data has directly influenced SEI’s market momentum, allowing it to break crucial resistance levels between $0.27 and $0.33.
With this newfound strength, technical analysts believe that the price of SEI is poised to test higher targets around the $0.41-$0.50 range. This ambitious target aligns with macro trendlines and Fibonacci extensions, indicating a strong likelihood of a more significant upswing in the near future.
On the other hand, SUI has made substantial strides in its development ecosystem, as it surpassed the crucial $3.89 resistance level and broke new ground above $4. The token’s recent gains are largely attributed to the explosive rise in DeFi activity, which led to an unprecedented 44% growth this month alone.
With a robust V-shaped recovery underway, SUI is set to test immediate highs at around $4.35, potentially creating a strong foundation for a push towards the $5.00 mark. The RSI has entered the overbought range, suggesting that the token will continue its upward trajectory as long as market sentiment remains bullish.
While SEI and SUI have certainly been impressive performers in recent times, investors should keep an eye out for any signs of market exhaustion or reversal.
Source: coinpedia.org