SafeMoon receives a weak long-term technical score of 19 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 19% 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’.
SafeMoon’s price is -$0.0000003 (-97.89%) below its 100-day moving average price of $0.000000272 as its price at the moment sits at $0.000000006. Additionally, SAFEMOON is $0.0000000 (-337682911082.57%) higher than its 52-week low price of $0.000000003 while -$0.00000516 (-193611883.88%) 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 19. Long-term trading movement of SafeMoon suggest that investors are bearish on the token at the moment.
SafeMoon has a market capitalization of $3,222,186.94 and a relatively low average daily volume with $1,022.72 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, SAFEMOON’s volume is below its seven day average with 149.37 exchanged.
SAFEMOON’s historical trading over the past year gives it a a weak long-term technical score of 19 as its price movement in that time has given investors reason to be bearish on the token in the long-term.
Click Here to get the full Report on SafeMoon (SAFEMOON).
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.