Sei Foundation Launches $65 Million Fund to Accelerate Decentralized Science Projects
Sei Foundation's New Venture Fund: The Sei Foundation has launched a $65 million venture fund, Sapien Capital, to invest in decentralized science (DeSci) startups focusing on healthcare and biotechnology, aiming to enhance the adoption of blockchain in scientific research.
Growing Interest in DeSci: With backing from firms like YZi Labs and a16z, DeSci is gaining traction as it seeks to overcome skepticism from traditional research institutions through partnerships and innovative consumer-facing applications.
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Technical Analysis for SEI
Technical Sentiment Analysis for Sei (SEI) As of , Sei (SEI) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SEI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, SEI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sei (SEI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.036 | 0.0509 | 0.0659 | 0.0808 | 0.0958 | 0.111 | 0.126 |
| Fibonacci | 0.0509 | 0.0623 | 0.0693 | 0.0808 | 0.0922 | 0.0992 | 0.111 |
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