SafeMoon receives an average long-term technical score of 52 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 52% 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 -$0.0000001 (-95.92%) below its 100-day moving average price of $0.000000122 as its price at the moment sits at $0.000000005. Additionally, SAFEMOON is $0.0000000 (-337682911105.82%) higher than its 52-week low price of $0.000000003 while -$0.00000516 (-193611883.90%) 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 52. Long-term trading movement of SafeMoon suggest that investors are neutral on the token at the moment.
SafeMoon currently has a total market cap of $2,796,503.86 to go along with its average daily volume of $127.88 worth of the currency over the past seven days. SAFEMOON’s volume is below its seven day average as of the past 24 hours, with 19.30 exchanged in that period.
Summary
Trading patterns over the last year for SafeMoon leads to the token’s an average long-term technical score of 52 as its consistency, volatility, and relation to long-term averages has given investors reason to be neutral on the token.
Click Here to get the full Report on SafeMoon (SAFEMOON).
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