SafeMoon receives a strong long-term technical score of 82 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
SAFEMOON currently holds a superior long-term technical analysis score than 82% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
Trading Analysis
The current trading price of $0.000000005 for SAFEMOON is -$0.0000001 (-96.43%) below the tokens 100-day moving average of $0.000000143. SAFEMOON meanwhile is $0.0000000 (-337682911101.84%) above its 52-week low of $0.000000003 and -$0.00000516 (-193611883.90%) under its 52-week high price of $0.000005165. SafeMoon’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 82. The price movement and range of SAFEMOON suggest that investors are neutral on the token at this time.
SafeMoon has a total market value of $2,869,371.42 with an low average daily volume of $24.08 worth of the currency exchanged over a typical 24 hour period. As of the past 24 hours, SAFEMOON’s volume is below its average with $3.16 exchanged in total.
Summary
Technical analysis of SafeMoon over the past year results in the crypto receiving a a strong long-term technical score of 82 as its price movement in that time has given traders reason to be neutral on the token in the long-term.
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