Top Trader Bullish on One Solana Rival After Price Range Breaks – Here’s His Outlook
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 ...