The highest rise in Cryptocurrency: SEI, SYRUP, and APT are expected to rise further, investors follow Tokens made in the USA

Gate news, on Wednesday (June 25th), the cryptocurrency market as a whole showed a rising trend, Sei (SEI), Maple Finance (SYRUP), and Aptos (APT) led the rise in the past 24 hours. With the fragile ceasefire protocol between Iran and Israel still in effect, there has been a sudden surge in demand for 'Made in the USA' tokens such as Sei and Aptos. However, due to the ongoing tension in the Middle East, overall market risk appetite remains subdued.

SEI outperforms the market, with a target price of $0.3642

FXStreet analyst Vishal Dixit said that as of the time of writing on Wednesday, SEI rose by more than 5%, pumping for the third consecutive day, reaching a two-month high. The recovery speed of the 'Made in the USA' Token exceeds the market, rising by nearly 65% so far this week.

With the daily closing price breaking through the highest price of $0.2923 in March, SEI is expected to further rise to the level of the closing price of $0.3642 on January 14.

Moving Average Convergence/Divergence (MACD) indicator shows that MACD and the signal line are rising above the zero line. Combined with the continuously expanding green histogram, this indicator issues a buy signal.

The Relative Strength Index (RSI) reaching an overbought state of 78 indicates a significant increase in buying pressure. However, investors must remain cautious as reversals are more likely to occur in overbought conditions.

If SEI closes below $0.2923, it may further drop to the support level of $0.2732, the highest price in May.

(Source: Trading View)

SYRUP price hits an all-time high, target price of 0.80 US dollars

SYRUP hit a historical high of $0.60, rising by over 6% as of Wednesday's deadline. SYRUP Token rose for three consecutive bullish candles, breaking through the upper trend line formed by the high points of May 25, June 11, and June 16.

The potential closing price above the trend line will mark the breakthrough of the ascending channel formed by connecting the parallel support levels of May 7, May 31, and June 22.

According to the pivot point standard indicator, the target of the breakthrough rebound may be the R2 level of $0.63, followed by the R3 level of $0.80.

When the MACD line crosses the signal line, the MACD indicator flashes a buy signal, triggering the green histogram bar to rise from the zero line.

RSI is close to overbought territory, indicating a surge in buying pressure.

However, the closing price below the trend line of $0.60 may strengthen the retracement to the R1 level at $0.49 within the channel.

(Source: Trading View)

APT recovery gains traction within the channel

As of Wednesday press time, the APT price fell slightly by 1%, after surging 28% in the previous two days. The market's demand for 'Made in the USA' Tokens continues to grow, driving the APT price lower from the support trendline formed on February 3, April 6, and June 22.

The price trend forms a descending channel pattern, with the upper parallel trend line inferred from March 2 to May 13. This week, APT's short-term recovery is targeting the upper trend line near $5.72.

The MACD indicator shows that the MACD line has crossed above the signal line, which is typically considered a buy signal for investors.

The RSI indicator supports the view of a rise, indicating an increase in buying pressure, as it forms a V-shaped reversal from the oversold boundary line.

On the other hand, the reversal may retest the lower boundary near the weekly low of $3.87.

(Source: Trading View)