Sei (SEI) To Rise Further? Key Harmonic Pattern Hints at Potential Upside Move

Date: Wed, Aug 27, 2025 | 09:15 AM GMT The cryptocurrency market is showing notable strength after a choppy week. Ethereum (ETH) briefly dipped to $4,320 before bouncing back to today's $4,600, which has lifted overall sentiment and supported gains in major altcoins like Sei (SEI). $SEI has turned green today, and its latest chart structure points to the possibility of more upside ahead.

Source: Coinmarketcap Harmonic Pattern Hints at Potential Upside On the daily chart, SEI is carving out a Bearish Butterfly harmonic pattern. Despite its name, this setup often produces a bullish continuation in the CD leg, especially when price approaches the Potential Reversal Zone (PRZ). The move began at point X ($0.3901), retraced to A, rebounded to B, and corrected again down to C ($0.2777). Since then, SEI has recovered steadily and is now trading around $0.2989, showing renewed buying interest.

SEI Daily Chart/Coinsprobe (Source: Tradingview) What makes this structure even more important is SEI’s proximity to its 50-day moving average ($0.3196). Reclaiming this level could flip it into strong support and spark accelerated upside momentum. What’s Next for SEI? If buyers continue to defend the C-point support near $0.2770 and manage a breakout above the 50-day MA, SEI could extend its rally into the PRZ between $0.4247 (1.272 Fibonacci extension) and $0.4686 (1.618 extension). These levels mark the typical completion zone for the Butterfly pattern and could act as a magnet for price action in the short term. On the other hand, a failure to hold above $0.2770 would invalidate the current setup, exposing SEI to further downside pressure. Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.