InvestorsObserver gives SafeMoon a weak long-term technical score of 2 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token’s support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it’s a strong buy-and-hold investment opportunity currently for traders.
SAFEMOON at this time has a superior long-term technical analysis score than 2% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.
SAFEMOON is currently -$0.0000001 (-52.52%) below its 100-day moving average price of $0.000000132 with its current price of $0.000000063. Meanwhile, SafeMoon is $0.0000001 (-337682909339.63%) above its 52-week low price of $0.000000003 and -$0.00000648 (-152907282.69%) below its 52-week high of $0.000006540. The current price relative to its moving average and 52-week high and low leads to an average long-term technical score of 2. Trends for the long-term trading history of SafeMoon suggest that traders are currently bearish on the token.
SafeMoon has a total market value of $35,135,373.03 with an average average daily volume of $185,105.69 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 $26,182.07 exchanged in total.
Technical analysis of SafeMoon over the past year results in the crypto receiving a a weak long-term technical score of 2 as its price movement in that time has given traders reason to be bearish on the token in the long-term.
Click Here to get the full Report on SafeMoon (SAFEMOON).
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