At the moment, Seele (SEELE) is officially the second most powerful gainer on a yearly time frame with the 910% value increase in USD, while SwissBorg (CHSB) is holding the first spot after having made 983% to the upside over the same period of time. However, the peak of bullish price action happened in the fall of 2019, whereas right now, the altcoin is dealing with the consequences of the market collapse that occurred in March and brought Seel’s very prominent uptrend to a halt.
SEELE historical price chart
Nevertheless, the coin that represents the heterogeneous multi-chain ecosystem that runs on the Neutral Consensus protocol shows eagerness to stick to the bullish scenario, which translated into a head & shoulders formation on the all-time chart. That formation has proven its reliability on all time frames, which gives us sufficient reason to believe that SEELE is going to aim for the new higher high above $0.17, although establishing it could take up to three months.
Right now, Seele is priced at $0.009, with the market capitalization of $69 million that has reduced in size by half since January 2020.