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Market Trends Point to Resilient Growth in Select Digital Assets

Published 06/07/2024, 11:30 PM
Updated 06/08/2024, 12:15 AM
Market Trends Point to Resilient Growth in Select Digital Assets
BTC/USD
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BNB/USD
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pDOTn/USD
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  • SEI shows resilience post-correction, with potential buying opportunities highlighted by critical technical indicators.
  • Wormhole maintains crucial support, with staking functionality boosting its market position.
  • Polkadot’s focus on Real World Assets and ecosystem projects drives gradual value ascent, with resistance levels at $9.30 and $17.00.

Cryptocurrency analyst, Michael van de Poppe has offered insights into the current market trends of several cryptocurrencies, including SEI, Wormhole ($WORM), and Polkadot ($DOT). According to his analysis, these digital assets show potential for growth amid ongoing market fluctuations.

SEI has experienced correction following the BTC ETF listing and is now poised for an upward trajectory. Despite a more than seventy percent correction, SEI is showing resilience, with a current price of $0.539356 and a 24-hour trading volume of $89,296,390.

Notably, SEI’s circulating supply is 2,925,000,000 SEI coins, with a ma…

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