SafeMoon (SAFEMOON): How Does the Chart Look Friday?

Friday, August 19, 2022 04:47 PM | InvestorsObserver Analysts

SafeMoon receives a strong short-term technical ranking of 100 from InvestorsObserver data analysis. The proprietary ranking system focuses on the recent trading patters over the past month to determine the strength of its short-term technicals. SAFEMOON has a superior recent technical analysis than 100% of tokens based on these trading metrics. Investors primarily focused on shorter term investment strategies will find this technical analysis most relevant to their goals when determining whether to invest in a particular crypto.

InvestorsObserver is giving SafeMoon a 100 Short-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 is $0.000000 (6707.39%) higher than its 30-day low price of $0.000000004 while also $0.000000 (-45.68%) lower than its high of $0.00000054 from the past month of trading. Meanwhile, SAFEMOON's current price of $0.000000292 is above its average price of $0.000000029 set over the past month of trading, leading to a strong short-term technical score. In summation, the recent trading history of SafeMoon suggest that traders are currently bullish on the token. SAFEMOON has a relatively average market cap for a token with a total market value of $164,396,612.66. The market valuation for SafeMoon is relatively average due to the largest 100 cryptos having a market cap above $1 billion and SAFEMOON sits underneath that mark but remains above $100 million in market capilization. SafeMoon's average volume meanwhile is average with $172,174.22 worth of the token traded over a typical 24 hour period. The volume for SAFEMOON is relatively average as the most traded 100 cryptos have roughly $100 million worth of the crypto exchanged over a 24 hour period and a large portion of the market trades at least $5 million worth each day. As of the past 24 hours, SAFEMOON's volume is below its average with $25,029.14 exchanged.

Summary

SafeMoon's trading over the past 30 days leads to its a strong short-term technical score due to recent price movement suggesting more bullish signals for traders on the token in the near future. Click Here to get the full Report on SafeMoon (SAFEMOON).