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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Here’s What Must Happen for SEI Price to Reach $0.90
SEI price is finally showing signs of life after months of grinding sideways. Right now, it’s trading around $0.31, and analyst Ali thinks the token could be on the verge of a 170% breakout that might send it as high as $0.90. The big question is whether this setup has enough strength to actually play out.
If you look at Ali’s weekly chart, the picture is pretty clear. SEI has been stuck under a huge downtrend line since late 2023, and every rally attempt has failed at that line
Now, Sei price is pressing against it again. Beneath all of this, a strong base has been held firm in the low $0.20s to $0.30s.
The interesting part is the roadmap that opens up if SEI breaks through. The first stop sits around $0.48 to $0.50, followed by another potential target near $0.63 to $0.65, and then $0.74 to $0.77. If those levels get taken out, that’s when $0.90 becomes realistic.
Image Source: X/Ali What Needs to Happen Next
For SEI price to make this move, it needs to do a few things right. First, it has to close a weekly candle above the downtrend line with strong volume behind it. Then, it should pull back slightly and confirm that line as support
From there, the structure has to shift into a real uptrend, meaning higher highs and higher lows instead of just fading at resistance.
The big turning point would be reclaiming the $0.50 zone and holding it. Historically, when altcoins flip that kind of mid-range level into support, rallies accelerate fast. If SEI can manage that, the path toward $0.90 starts to look a lot more possible.
Read Also: Here’s How XRP Price Can Hit $3.60 This Week
Of course, not every breakout sticks. If SEI price fails to hold above the trendline, it could slip back toward the $0.28–$0.30 range. Lose that, and we’re probably looking at another trip into the low $0.20s
Volume is another key factor; without real participation, any push higher could fizzle out just as quickly. And like always, Bitcoin’s dominance and overall market sentiment could make or break the move.
SEI Price Short-Term Outlook
Right now, the focus is simple. SEI needs to prove it can break the downtrend and defend it on the first retest. If that happens, $0.50 becomes the next obvious target, and if momentum builds, then $0.63 and beyond come into play. The setup is there, but it’s still up to the bulls to make it happen.
Bottom line: SEI price has a real shot at Ali’s $0.90 target, but only if it clears resistance and keeps the structure intact. This week could be the make-or-break moment.
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The post Here’s What Must Happen For SEI Price To Reach $0.90 appeared first on CaptainAltcoin.