SEI Gains Momentum Following Key Breakout: Is EOS Gearing Up For A Similar Move?
Date: Thu, February 20, 2025 | 01:05 PM GMT
In the cryptocurrency market, within the last 24 hours, major altcoins are showing signs of recovery after experiencing weeks of corrections.
Among them, two layer-1 tokens, Sei (SEI) and EOS (EOS), are displaying strong upside momentum. SEI has surged 12% following a key breakout, while EOS is up by over 3%, hovering near a key resistance level and hinting at a potential breakout of its own.

Sei (SEI)
Sei (SEI) has successfully broken out of a falling wedge, signaling a reversal from its previous downtrend. After testing support near $0.19, SEI moved sharply upward, breaking through the wedge’s upper resistance trendline.

It is currently trading around $0.25, testing the 25-day SMA resistance. There is a possibility of a retest at the breakout level before further gains, but if SEI manages to get above this SMA, the next key resistance levels to watch are $0.34 and $0.48—an 88% upside from the current price.
EOS (EOS)
On the other hand, EOS (EOS) is showing a similar pattern to SEI, still trading within a falling wedge and approaching a critical breakout zone. The price recently bounced from $0.49, holding above the support trendline, and is now testing both the upper resistance boundary of the wedge and the 200-day SMA.

Currently, EOS is trading at $0.64. If it successfully breaks out above this pattern with a crossing 200 SMA and confirms the move with a retest, the next key resistance levels would be $0.82 and $1.03, representing a 60% potential upside from current levels.
Final Thoughts
With altcoins regaining momentum, layer-1 tokens like SEI and EOS are showing renewed strength. SEI has already confirmed its bullish breakout, and if it maintains support, further gains are likely. Meanwhile, EOS is approaching a key breakout point, and a successful move above resistance could spark a strong upward rally.
Traders and investors should watch these levels closely as SEI leads the way, and EOS could soon follow suit.
Disclaimer: This article is for informational purposes only and not financial advice. Always conduct your own research before investing in cryptocurrencies.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Jim Cramer Predicts Crash Like 1987’s Black Monday
Jim Cramer compares today’s market to 1987’s Black Monday, warning investors of a potential major crash.Cramer Sees History Repeating ItselfSigns of Trouble in the MarketWhat Should Investors Do?

Qubetics’ Massive ROI Predictions—Will It Become the Top Altcoin for Huge Gains Over Chainlink and Stellar?
Discover why Qubetics, Chainlink, and Stellar are dominating as the top altcoin for huge gains. Explore their market positions, milestones, and future potential.Qubetics: The World’s First Web3 Aggregator Making Crypto Work TogetherChainlink: The Oracle Kingpin Keeping Smart Contracts SmartStellar: Fast, Cheap, and Perfect for PaymentsSo, Which One’s the Best Bet?

RWA TVL Tops $10B, 90% on Ethereum
Real-world asset (RWA) TVL surpasses $10B, with over 90% hosted on Ethereum, solidifying ETH's lead in the tokenized assets space.RWA Market Breaks $10B BarrierEthereum Dominates RWA SpaceWhy This Matters for Ethereum and Crypto

PayPal Expands Portfolio with Solana and Chainlink Aiming for Greater Cryptocurrency Flexibility
Trending news
MoreCrypto prices
More








