Sei price nears bearish breakout as transactions plunge 87%

cryptonews

Sep 30

Sei price has crashed to an important support level and formed a descending triangle as the number of transactions and active addresses plunged in September. Summary Sei crypto price has formed a...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSei price nears bearish breakout as transactions plunge 87%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-09-30 02:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/sei-price-nears-bearish-breakout-as-transactions-plunge-87/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sei price has crashed to an important support level and formed a descending triangle as the number of transactions and active addresses plunged in September.\n\n\nSummary\n\n\n\nSei crypto price has formed a...</p>\n\n<a href=\"https://crypto.news/sei-price-nears-bearish-breakout-as-transactions-plunge-87/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B7SZL793.SGD","symbol_name":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","start_time":0,"source_url":"https://crypto.news/sei-price-nears-bearish-breakout-as-transactions-plunge-87/","article_id":"2571354673","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/sei-price-nears-bearish-breakout-as-transactions-plunge-87/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2571354673","pubTimestamp":1759171130,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Sei price has crashed to an important support level and formed a descending triangle as the number of transactions and active addresses plunged in September.Sei crypto price has formed a descending triangle pattern.The number of transactions plunged by 87% in the last 30 days.Sei’s unique active wallets fell by 20% in the same period.Sei , a popular layer-1 network, plunged to the key support at $0.2645, its lowest level in August and September this year.More data shows that its total value locked plunged by 17% in the last 30 days. Most notably, Sei’s stablecoin supply dropped to $140 million, its lowest level since March and much lower than the year-to-date high of $296 million.Therefore, the token will likely have a strong bearish breakout, with the next point to watch at $0.1325, its lowest level this year. This target is about 50% below the current level. A move above resistance at $0.3500 will invalidate the bearish Sei price forecast.How will NFP data, tariffs, and government sh","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B7SZL793.SGD":"Legg Mason Royce - US Small Cap Opportunity A Acc SGD-H","BK4179":"石油天然气设备与服务","SEI":"Solaris Energy Infrastructure, Inc.","IE00B66KJ199.SGD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY  \" A\" (SGD) ACC","IE0031619046.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","SEI.AU":"SPECIALITY METALS INTERNATIO","IE00B19Z4B17.USD":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) ACC"},"translate_title":"Sei价格接近看跌突破，交易量暴跌87%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SEI":1,"SEI.AU":1},"content_text":"Sei price has crashed to an important support level and formed a descending triangle as the number of transactions and active addresses plunged in September.\n\n\nSummary\n\n\n\nSei crypto price has formed a descending triangle pattern.\nThe number of transactions plunged by 87% in the last 30 days.\nSei’s unique active wallets fell by 20% in the same period.\n\n\n\nSei (SEI), a popular layer-1 network, plunged to the key support at $0.2645, its lowest level in August and September this year. \nData compiled by Nansen show that the number of transactions plunged by 87% in the last 30 days to 57 million. This crash makes it one of the worst-performing chains in September.\nThe data show that active addresses dropped by 24% to 13 million. Also, fees dropped by about 12% to just $16,000.\nSei’s performance in the gaming market, where it dominates, also deteriorated. According to DappRadar, the number of unique active wallets dropped by 20% in the last 30 days to 13.45 million. \nMore data shows that its total value locked plunged by 17% in the last 30 days. Most notably, Sei’s stablecoin supply dropped to $140 million, its lowest level since March and much lower than the year-to-date high of $296 million. \nSei price technical analysis \nSei price chart | Source: crypto.news\nThe daily timeframe chart shows that the Sei token price peaked at $0.3895 in July and then dropped to a low of $0.2645. It has crashed below the 50-day exponential moving average.\nSei crypto price has formed a descending triangle pattern whose support is at $0.2645. This is one of the most popular bearish continuation signs.\nThe Relative Strength Index has been in a downward trend. It has moved close to the oversold level of 70, while the MACD has moved below the neutral level.\nTherefore, the token will likely have a strong bearish breakout, with the next point to watch at $0.1325, its lowest level this year. This target is about 50% below the current level. A move above resistance at $0.3500 will invalidate the bearish Sei price forecast.\n\n\n\n\n\n                You might also like:\n            \n\n                How will NFP data, tariffs, and government shutdown hit the Bitcoin price?","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}