SafeMoon (SAFEMOON): Does it Score Poorly on Long-Term Trading Metrics Sunday?

Sunday, September 25, 2022 11:07 AM | InvestorsObserver Analysts

SafeMoon receives an average long-term technical score of 58 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 58% 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'.

InvestorsObserver is giving SafeMoon a 58 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on SafeMoon!

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Trading Analysis

SafeMoon's price is $0.0000003 (144.17%) above its 100-day moving average price of $0.000000198 as its price at the moment sits at $0.000000483. Additionally, SAFEMOON is $0.0000005 (-337682896437.14%) higher than its 52-week low price of $0.000000003 while -$0.00000606 (-152907276.26%) under its 52-week high of $0.000006540. 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 58. Long-term trading movement of SafeMoon suggest that investors are neutral on the token at the moment. SafeMoon has a total market value of $271,363,565.47 with an average average daily volume of $161,825.94 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 $24,687.89 exchanged in total.

Summary

SAFEMOON's historical trading over the past year gives it a an average long-term technical score of 58 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).