SafeMoon receives an average long-term technical score of 54 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 54% 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
SafeMoon’s price is -$0.0000003 (-97.70%) below its 100-day moving average price of $0.000000272 as its price at the moment sits at $0.000000006. Additionally, SAFEMOON is $0.0000000 (-337682911066.89%) higher than its 52-week low price of $0.000000003 while -$0.00000516 (-193611883.87%) under its 52-week high of $0.000005165. The current trading price in relation to its long-term average along with its 52-week high and low, gives SAFEMOON an average long-term technical score of 54. Long-term trading movement of SafeMoon suggest that investors are neutral on the token at the moment.
SafeMoon has a total market value of $3,509,331.78 with an low average daily volume of $87.93 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 $13.86 exchanged in total.
Summary
SAFEMOON’s historical trading over the past year gives it a an average long-term technical score of 54 as its price movement in that time has given investors reason to be neutral on the token in the long-term.
Click Here to get the full Report on SafeMoon (SAFEMOON).
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