‘Very Strong Moves’ – Analyst Sees Rallies for Solana Rival, Updates Forecast for Two Ethereum-Based Altcoins
A closely followed crypto analyst says that one Solana (SOL) rival may be gearing up for a series of rallies. In a new strategy session, crypto trader Michaël van de Poppe tells his 737,600 followers on the social media platform X that the native token of the layer-1 blockchain Sei (SEI) could soon hit $1 if it can break out of a trading range’s upper bound at $0.52. “Very strong moves on the markets for SEI. Expecting this to break through this resistance zone, and if that’s the case, then I’m assuming we’ll see this one have a run toward the all-time high in the coming four-six weeks. Mimicking SUI.” Source: Michaël van de Poppe/X SEI is trading for $0.4892 at time of writing, down 4.5% in the last 24 hours. SEI reached an all-time high of $1.14 in March. Next up, the analyst believes that the Ethereum (ETH)-based decentralized oracle provider Chainlink (LINK) may increase more than 23% from its current value after breaking out of a resistance level. “A mass