The price prediction with the largest rise in Crypto Assets: During the ceasefire between Israel and Iran, SEI, WIF, and VIRTUAL all recorded double-digit rises.

Gate news, Israel and Iran announced a ceasefire, boosting the overall recovery of the Crypto Assets market, with Bitcoin (BTC) reclaiming $105,000. As of Tuesday's press release, alts such as Sei (SEI), Dogwifhat (WIF), and Virtuals Protocol (VIRTUAL) are leading the market with double-digit rises. As risk appetite returns to the Crypto Assets market, the rebound of the top-performing alts continues its upward trend, aiming for higher levels.

U.S. President Donald Trump announced the comprehensive ceasefire conditions between Israel and Iran after the completion of their final mission. The ceasefire will first be agreed upon by Iran, followed by a 12-hour pause until Israel accepts the ceasefire, and finally, it will officially end the ongoing 12-day Middle East war after 24 hours.

SEI Price Prediction: Recovery Rebound Target at Two-Month High

FXStreet analyst Vishal Dixit stated that as of Tuesday's press release, the SEI index has risen slightly by 9%, continuing the 22% rise from Monday. The rebound momentum has broken through the 200-day exponential moving average (EMA) at $0.2609 and formed a second bullish candlestick.

The SEI index aims for the May high of $0.2732, expected to set a new 60-day high. Additionally, the level of $0.2923 marks the highest price since February, forming subsequent resistance.

If it can break through 0.2923 USD, the rise trend of SEI will continue to the level of 0.3642 USD, the last test of this level was on January 21. Turning to the momentum indicators, the bullish momentum is significantly enhanced. The Moving Average Convergence Divergence (MACD) indicator crosses above its signal line on the zero line, triggering a buy signal. A new wave of green bars appears above the zero line, indicating that a new bullish trend is forming.

The Relative Strength Index (RSI) reaches 70, indicating a surge in buying pressure, close to the overbought area. However, in an overbought state, the risk of a pullback increases, and investors must proceed with caution.

If SEI fails to close above the 200-day EMA, it may retest the 100-day EMA at $0.2183.

(Source: Trading View)

WIF Price Prediction: Morning Star Formation Rekindles Bullish Hopes

Dixit stated that as of Tuesday's press release, the WIF stock price rose slightly, maintaining the previous day's 20% rise. A bullish engulfing candlestick, consisting of a 20% rise, formed a morning star pattern; on Saturday, the WIF price fell by 8%, subsequently forming a doji candlestick.

Typically, this pattern indicates a trend reversal after a decline, suggesting that WIF has the opportunity to rise. This rebound will challenge the 50-day and 100-day moving averages, which are moving horizontally around the $0.85 mark. If the closing price breaks through the dynamic resistance level, it may continue the coin's rebound momentum towards the $1.00 integer level.

The MACD indicator is close to the signal line, indicating a high potential for a bullish crossover, which may trigger a new round of bullish histogram starting from the zero line. Investors can view the potential crossover as a signal of trend reversal.

The RSI is at 48, close to the midpoint level, having sharply reversed from the oversold boundary, reflecting a recovery of bullish momentum.

However, if it fails to break through the dynamic resistance level and form a bullish close, it may reverse momentum and drop towards the weekly low of $0.63.

(Source: Trading View)

VIRTUAL Price Prediction: Bullish Target Breaks 50-Day EMA

Dixit pointed out that VIRTUAL is similar to WIF, with the price trend showing a morning star pattern, challenging the 50-day moving average of $1.71.

A closing price above the moving average may extend the upward trend, moving towards the upper trend line formed by the descending highs of January 2, May 27, and June 11 (approaching the integer level of $2.00).

The momentum shows a gradual bullish shift, with the MACD indicator approaching a bullish crossover, and its signal line suggests a potential trend reversal. Similarly, the RSI indicator sharply reversed at 46, moving towards the midpoint, indicating increased buying pressure.

If VIRTUAL fails to break through the 50-day EMA of $1.71, it may retest the 100-day EMA of $1.57.

(Source: Trading View)

View Original
The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
  • Reward
  • 1
  • Share
Comment
0/400
GateUser-493a46c4vip
· 21h ago
Nonsense, the Americans have come down to the field themselves.
Reply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)