SEI, FTM, ZETA, TIA Prices Soar: What’s Driving the Rally?

Sei (SEI), Fantom (FTM), ZetaChain (ZETA), and Celestia (TIA) have shown a recent bullish trend, leaving traders wondering if a breakout is imminent.

Each of these tokens has seen an increase in price and trading volume, suggesting growing interest from traders. The current market suggests these cryptocurrencies could either continue their upward climb or experience consolidation around key resistance levels.

Read also: Cardano, SEI, AVAX, TAO, AXL Flash Bullish Signals with Triple-Digit Growth Potential

Sei (SEI): Volume Surge Fuels Upward Momentum

Sei’s price chart shows significant bullish movement, with its price reaching $0.3391, a 23.11% increase in the last 24 hours. Also, the token saw a sharp volume increase of 100.29%, pointing to heightened buying interest. This rise came after a consolidation phase below $0.28, which was followed by a powerful breakout.

Source: Coinmarketcap

Looking at support, the key level is $0.2754, where prior accumulation suggests strong buying pressure. If SEI pulls back, this level could act as a floor. Currently, the price is testing resistance at $0.34, which is important for determining the next move.

If this resistance holds, the token might consolidate. But, a break above could push SEI to the next psychological level of $0.35.

Fantom (FTM): Can the Rally Push Past $0.68?

Fantom has also experienced strong bullish momentum, with its price climbing to $0.6694 after a 16.24% increase in the last 24 hours. Its trading volume jumped by 41.10%, further indicating growing market interest. After consolidating below $0.58, FTM had a powerful breakout, marking an upward trend.

Source: Coinmarketcap

Support for FTM is around $0.5757, a level that saw significant buying pressure before the surge. However, the token faces resistance at $0.68, where the price could either consolidate or retrace. If buyers can break through this level, FTM could move towards the next resistance at $0.70, potentially leading to further gains.

ZetaChain (ZETA): Strong Buying Pressure Drives Prices Up

ZetaChain has shown a robust increase in value, reaching $0.7233, up 30.19% in the last 24 hours. This sharp rise was accompanied by a substantial increase in trading volume, up 237.82%. The token’s price consolidated around $0.55 before breaking out, suggesting strong momentum.

Source: Coinmarketcap

Support for ZETA is around $0.5548, where buying pressure built up before the surge. Immediate resistance is at $0.75, a level that could either limit further upward movement or lead to consolidation. If ZETA breaks above this resistance, the next target may be $0.77.

Celestia (TIA): Testing Key Resistance at $6.04

Celestia’s price has climbed to $6.04, reflecting a 13.21% increase over the past 24 hours. Its trading volume has also seen a notable increase, :signaling strong market interest. Key support for TIA is at $5.32, where the price held steady before the recent upward movement.

Source: Coinmarketcap

The token is currently facing resistance at $6.00–$6.04, a level that could determine its next move. A break above this resistance might signal further gains, but failure to do so could result in a pullback toward the support at $5.32.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

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