What's Next for Bearish Rated SafeMoon (SAFEMOON)?

Sunday, July 03, 2022 07:42 AM | InvestorsObserver Analysts

SafeMoon (SAFEMOON) gets a bearish rating from InvestorsObserver Sunday. The crypto is up 1.76% to $0.000000003907093649 while the broader crypto market is up 0.04%.

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 $0.00000000368436681164042. The crypto is 98.65% off its five-day high and is 6.05% higher than its five-day low of $0.00000000368436681164042.

SafeMoon price is trading near resistance. With support set around $0.00000000376421027836007 and resistance at $0.00000000392100485568183, 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

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