SafeMoon (SAFEMOON) Receives a Bearish Rating Thursday: Is it Time to Get on Board?

Thursday, October 13, 2022 04:24 PM | InvestorsObserver Analysts

SafeMoon (SAFEMOON) gets a bearish rating from InvestorsObserver Thursday. The token is up 0.73% to $0.000000005524912049 while the broader crypto market is up 0.47%.

SafeMoon has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on SafeMoon!

Bearish

Over the last five days, SafeMoon has earned a Bearish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of SafeMoon over the past five days by volume and price movement.

The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

Price Levels

SafeMoon is currently trading near its five-day low of $0.00000000523877221110941. The token is 99.64% off its five-day high and is 5.46% higher than its five-day low of $0.00000000523877221110941.

SafeMoon price is trading near resistance. With support set around $0.00000000544424331913221 and resistance at $0.00000000552919714088732, could face selling pressures soon.

SafeMoon has traded on low volume recently. This means that today's volume is below its average volume over the past seven days.

What is a token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

Due to a lack of data, this crypto may be less suitable for some investors.

Click here to unlock the rest of the report on SafeMoon

Share this article: