- PYTH cleared the $0.90 resistance as the OBV indicated a further surge in its price.
- The Stochastic RSI on the JUP 4-hour chart validated a bullish thesis that could drive it toward $2.
- SEI was overbought but a continuation of the bullish momentum might send it to $1.50.
Solana-based Pyth Network (PYTH), Jupiter (JUP), and modular blockchain token Sei Network (SEI) registered new all-time highs on March 16. At press time, the price of PYTH was $1.13 thanks to a 28.77% rally in the last 24 hours.
JUP, on the other hand, pumped by 52.05% to hit $1.51 while SEI rallied to $1.14 before it later declined to $1.09 as of this writing. Despite the price performances, analyst Altcoin Sherpa posted that the prices of JUP and PYTH might continue to climb.
winners gonna keep on winning. $PYTH and $JUP are some of the great ones. pic.twitter.com/nL4BmzxFJo— Altcoin Sherpa (@AltcoinSherpa) March 16, 2024
In a related post, Sherpa mentioned that SEI was another cryptocurrency that could surge after already increasing by 13x since its launch. “I actually like SEI the most given the consolidation period before. I think this one is a great one to trade right now,” …
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