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SEI Price Keeps Falling With 65% Drop Despite Hitting Oversold Territory

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Victor Olanrewaju
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Key Takeaways

SEI’s price has continued to struggle amid the instability in the market. On a year-to-date (YTD) basis, SEI has fallen by 65%, making it one of the worst-performing altcoins of 2025.

This decline happened due to a lack of demand and rising tension on a macroeconomic level. As a result, SEI has become oversold and should typically experience a bullish reversal.

However, that might not happen with several indicators failing to support a rebound.

SEI Price Falls Below Key Support

SEI’s technical structure on the daily is similar to several other cryptos, with the price trading in a descending channel. From CCN’s observation, SEI’s price remains trapped in this channel after struggling to hold support at $0.21.

The downturn accelerated as bears also breached the $0.18 support. Following this development, the Relative Strength Index (RSI) reading fell to 26.96.

The RSI measures momentum by measuring the speed and size of price changes. It also shows whether an asset is overbought or oversold.

When the reading is below 30, it is oversold. On the other hand, an RSI reading above 70.00 means it is overbought.

Since it is the former on the SEI/USD chart, the cryptocurrency is oversold. However, despite that, SEI’s price is unlikely to recover anytime soon.

SEI price analysis
SEI/USD Daily Chart | Credit: TradingView

Momentum Bearish

One indicator suggesting that SEI’s price might not recover yet is the Moving Average Convergence Divergence (MACD). The MACD is a technical analysis indicator that helps to spot trends, momentum, and potential reversals by analyzing the relationship between two Exponential Moving Averages (EMAs).

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The EMAs involved include the 12 EMA (blue) and 26 EMA (orange). Typically, when the shorter EMA is above the longer one, the trend is bullish.

But if it is the other way around, the trend is bearish. As of this writing, the 26 EMA  has crossed over the 12 EMA, indicating that the trend around SEI is bearish.

SEI's momentum remains bearish
SEI/USD MACD | Credit: TradingView

SEI Price Analysis: Not Near a Turning Point

Concerning its short-term outlook, the daily chart shows that SEI’s price is below the Ichimoku Cloud. The Ichimoku Cloud measures support and resistance.

When the cloud is below the price, it indicates support, and the price is likely to increase. However, if the cloud is above the price, it indicates resistance, which is the case with SEI.

Should this position remain unchanged, SEI’s price rebound is unlikely in the short term. Instead, the cryptocurrency’s value might drop toward $0.10.

SEI price faces resistance
SEI/USD Daily Chart | Credit: TradingView

On the flip side, if the token rises above the upper boundary of the descending channel mentioned above, this prediction might not pass. In that scenario, SEI might jump to $0.27 or as high as $0.36.

Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
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Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space. With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run. He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives. In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends. At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics. He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
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