Is This Solana Rival About to Make Crypto Investors Do a Double Take?

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So, there’s this crypto oracle — definitely not your random keyboard warrior — who’s waving flags about a Solana wannabe called Sei (SEI). Apparently, it’s gearing up to blow up like your favorite party balloon…if everything goes right, of course. 🎈

Our crypto Nostradamus, Michaël van de Poppe, casually informed his army of 783,000 followers on X (because who even uses other platforms?) that if SEI hurdles a *very* crucial resistance level, we might just see it double. Double! That’s like 100% more fun and possibly more money.

“SEI starts to show momentum. The Bitcoin pair has a strong bullish divergence on the higher timeframes and the USD pair faces a crucial resistance. Breaking through $0.20 opens up a continuation towards $0.30-$0.35.” Translation: if it crosses $0.20, it’s party time.

Right now, SEI is hobbling around at $0.17, looking a bit shy and down 2.4% in the last day. The poor thing.

Next act in this crypto soap opera: Bitcoin (BTC). According to Mr. Van de Poppe, BTC is taking a tea break in its “final range,” basically suspense-building before the next big move. Think of it like the dramatic pause before the orchestra hits the crescendo.

“Bitcoin is stuck in the final range. Another test of $87,000 and we’ll likely break upwards to the rally of a new all-time high.” Or: bitcoin’s playing hard to get, but when it says yes, it’s gonna be *chef’s kiss*.

BTC is leisurely sitting at $83,800, not moving much—just vibing.

Now for the wildcard: Ethereum (ETH). Our analyst reckons ETH might start climbing the charts if gold throws a little tantrum and peaks. Historically, they’ve had a bit of a toxic love-hate relationship: when gold sulks, ETH gets all sassy and rallies.

“A good start of the week, as ETH is +4% against Bitcoin. The ultimate question whether it will sustain or not, last months it has been giving back the returns in the days after. What to monitor? Gold peaking or not. If that’s the case, then we’ll see more strength on ETH.” So basically, watch gold like it’s your nosy neighbor.

Then comes the rocket science: ETH’s Relative Strength Index (RSI) is flashing bullish — basically the market’s way of saying “Hey, maybe it’s time to buy… or at least don’t panic yet.” The RSI tells us if Ethereum is getting too hot (overbought) or too cold (oversold).

“It’s been a bear market for 1,225 days for ETH, as, in this period, gold did a 2x. The lowest RSI on the weekly candle for ETH as well.” In other words, ETH’s been the sad kid at the party while gold’s doubled the fun, but maybe it’s finally done sulking.

And where is ETH chilling? Around $1,589, down 2% in the last day — not quite the moonshot yet, but hey, Rome wasn’t built in a day, right?

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2025-04-17 03:03