DeFI News by Thebittimes.Com

A veteran trader known for timely crypto calls says he’s bullish on one Solana (SOL) rival now that it’s showing significant strength. Pseudonymous trader The Flow Horse tells his Telegram channel that he’s “default bullish” on the native asset of the layer-one blockchain Sei (SEI) following its clearance of a multi-month resistance around the $0.40 level. “It’s the weekend so just like trading volumes my posting volumes will be lower, but take a look at SEI – I simply must be default bullish biased on things like this. Summer range broken, retesting, I will just add until proven otherwise. The invalidation is close and this is a key inflection point.” Source: The Stable/Telegram Since the trader’s post, SEI has poked above the $0.50 before correcting. At time of writing, SEI is worth $0.469, up over 4% in the past day. While the altcoin market has been performing well with most crypto assets up in the last ...

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Basic Attention Token crypto has been in the limelight over the last 24 hours as the price soared up to $0.35. Having now retraced back down to $0.308 traders will be speculating whether now potentially serves as a good time to reaccumulate. Will BAT crypto continue to pump and which other altcoins in the market have greater chances of rising?  Basic Attention Token Crypto Price Prediction Retail investors holding Basic Attention Token may have heard the sirens of euphoria ringing once again as the price went up by over 22% in 24 hours.  Immediately after retesting the 20-day moving average on the weekly time frame however, the price of BAT crypto was rejected and spiraled back into a downtrend into a key buying zone.  Getting rejected on the 20-day moving average usually reflects that the bulls have not got ...