- SEI held key $0.15 support while Bitcoin dropped to $92,000, signaling relative strength.
- Analyst Michaël van de Poppe predicts a 360% rally to $0.70, citing a “massive support level.”
- Bullish catalysts include a DTCC-listed ETF, new exchange listings, and a former Goldman executive hire.
SEI has shown good resilience in a bleeding market when the token held firmly above $0.15 on Tuesday, November 18, slipping only 2% intraday even as Bitcoin price plunged toward $92,000, marking fresh monthly lows. The relative strength has drawn renewed attention to SEI, with analyst Michaël van de Poppe issuing one of his most bullish outlooks for the asset this year.
According to van de Poppe, market participants misunderstanding broader macro-crypto correlations may be missing a major accumulation window. He argues that if traders accept the thesis that the traditional four-year crypto cycle is weakening—and that altcoins increasingly track macro business cycles, then the current environment represents a rare high-beta buying opportunity.
He emphasized that SEI sits on a “massive support level,” backed by historical data patterns. “This is the period to be accumulating your positions,” he said, comparing the setup to previous cycle bottoms. Based on his model, a target around $0.70 remains firmly “on the cards,” implying potential upside of more than 360% from current levels.
SEI’s Institutional Momentum: ETF on DTCC and New Listings
The bullish call aligns with a series of strong developments across the SEI ecosystem this week. One of the most significant is the listing of the Canary Staked SEI ETF ($SEIZ) on the DTCC, the key settlement and clearing infrastructure for U.S. securities. A DTCC appearance is often seen as a gateway to broader institutional accessibility.
Additionally, BinanceUS and OKX have both added SEI to their spot trading markets, opening the token to large new segments of U.S. and global traders. Liquidity for SEI has expanded meaningfully as a result.
Further momentum came from MonacoOnSei, a trading layer built on SEI, announcing the appointment of Simran Singh, a former Goldman Sachs executive, as its new CEO—adding traditional finance expertise to the ecosystem’s leadership.
Amid the weak price action, Sei recorded a 21% increase in trading volume on Tuesday, confirming active dip-buying activity which could impede further landslide losses in the coming sessions.
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Source: https://coinedition.com/analyst-forecasts-360-sei-rally-to-0-70-as-etf-listings-fuel-growth/
