A few days after the U.S. sudden rate cut announcement bolstered the price movements of hundreds of tokens and coins, hints of another bull market in October could set up an upswing for Bitgert, PeiPei and SEI. SEI rose 20.8% and faces resistance at $0.4765; Bitgert’s price could climb to $0.00000009 after a 2.44% intraday hike, while PEIPEI’s 49.4% 7-day rally may not be over.
In the coming paragraphs, we will analyse the bullish price movements of Bitgert, PeiPei and SEI to discover if these promising altcoins should make it into your portfolios in Uptober.
SEI: A Bullish Trend Till Early October?
SEI ($SEI), regarded as one of the fastest Layer-1 blockchains, enjoyed significant gains through last week. SEI has shown promising signs of more bullish movements in successive weeks. At the time of writing, SEI recorded about a 24.3% daily spike, the highest in the market. Could SEI maintain this momentum?
From a technical standpoint, the daily chart indicates SEI formed an inverse head-and-shoulder pattern earlier on Tuesday, indicating SEI might continue this bullish trend until early October. SEI is forecasted to surge by 250% in mid-October.
PeiPei’s PEIPEI on the Cusp of a Major Breakout
While PeiPei’s recent bullish movements can be traced to the influx of capital from the renewed interest, developments around PEPE also contributed to PeiPei’s upward trajectory.
PeiPei’s $PEIPEI soon consolidated above the $0.00000015 support after experiencing a 49.4% surge in the past week. At the time of writing, $PEIPEI exchanged hands at $0.0000001549, reflecting a modest daily spike of 0.8%.
As Q3 draws to a close, PeiPei’s $PEIPEI continues to lead the pack among Pepe-themed tokens. Should PeiPei maintain its current momentum, $PEIPEI could be on the cusp of a significant breakout in the following months.
Bitgert Set For Higher Targets
Like SEI, Bitgert is another promising foundational blockchain. Over 600,000 users and developers use Bitgert’s unique features, such as its 100,000 TPS (faster than SEI), near-zero gas fees, top-level security, scalability options and other native solutions within the Bitgert ecosystem. Bitgert is bought and sold at $0.0000000789 as of today.
Current bullish movement could see Bitgert break a crucial resistance level this week. Bitgert is on the verge of a significant breakout above its current resistance.
Should Bitgert break this resistance, Bitgert’s BRISE could see a 29% rally, targeting the $0.0000001025 level by the first week of October. If the trend continues, we might see Bitgert’s $BRISE climb towards higher targets at $0.000000135 and $0.000000174.
The possibility of history repeating itself in the next 72 hours has ignited another dose of investor interest in SEI, PeiPei, and Bitgert’s $BRISE.
Buy $BRISE on the Bitgert website today; visit https://bitgert.com.
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Source: https://blockonomi.com/bitgert-peipei-and-sei-analyzing-their-bullish-price-movements/