Layer-1 Blockchain Rival Sei (SEI) May Rally 100% to Hit $1, Crypto Analyst Michaël van de Poppe Says

In a new strategy session, crypto trader Michaël van de Poppe tells his 737600 followers on the social media platform X that the native token of the layer-1 blockchain Sei (SEI) could soon hit $1 if it can break out of a trading range's upper bound at $0.52.

A closely followed crypto analyst is sharing his outlook for Solana (SOL) competitor Sei (SEI), Chainlink (LINK) and Optimism (OP).

The pseudonymous trader tells his 737,600 followers on the social media platform X that Sei’s native token SEI could hit $1 if it can continue rallying and eventually break through a key resistance level.

“Very strong moves on the markets for SEI. Expecting this to break through this resistance zone, and if that’s the case, then I’m assuming we’ll see this one have a run toward the all-time high in the coming four-six weeks. Mimicking SUI.”

SEI is currently trading at $0.4892, according to CoinGecko. A rally to $1 would represent an increase of over 100% from today’s price. SEI’s all-time high is $1.14, which it last reached in March.

Next, the analyst predicts that Chainlink’s native token LINK is poised to rally by over 23% after sharply bouncing off a key support level.

“A massive flip of LINK at $13 here. I expect upward momentum to take place and that we will see $18 as the next target. The low on LINK is in. It’s still a tremendous opportunity.”

LINK’s price at the time of writing is $14.60, according to CoinGecko, and it’s down 3.6% over the last 24 hours.

Finally, the analyst concludes by stating that Optimism’s native token OP is up for a double-digit rally if it can break through a resistance level.

“The markets are ready to break out. The old layer-1s have been moving extensively, now it’s time for the layer-2s to follow through. OP is one of them. I’m expecting a 60% move once it breaks through this resistance.”

OP’s price at the time of writing is $1.77, according to CoinGecko, and it’s up 4% over the last seven days.