cryptocurrency

SafeMoon Pricing Prediction 2022 – Will SFM Hit $0.002 Soon?

 

  • The bullish SFM price forecast is $0.0004449 to $0.0010390.
  • SFM will also reach $0.002 soon.
  • The bear market price forecast for SFM for 2022 is $0.0003606.

In SafeMoon (SFM) Price Forecast for 2022, we use statistics, price patterns, RSI, RVOL, and many other information about SFM to analyze the future movement of cryptocurrencies.

The current market status of SafeMoon

according to Queen Gekko, SFM’s price is $0.00037644 with a 24-hour trading volume of $949,442 at the time of writing. However, SFM is down about 6.8% in the last 24 hours.

Furthermore, SFM has a circulating supply of 561,951,145,092 SFM. Currently, SFM trades on cryptocurrency exchanges such as MEXC, DigiFinex, Bitrue, Gate.io and XT.COM.

What is SafeMoon (SFM)?

SafeMoon performs the following four functions during each trade: Reflection, LP Acquisition, Token Burn, and Growth Fund. secondly, SafeMoon Focuses on expanding and directing its technology to accelerate new technologies for good and model Venture Philanthropy to spread these breakthroughs worldwide. Token holders will be rewarded with an additional SAFEMOON program if they hold more tokens, thanks to the SafeMoon protocol.

SafeMoon (SFM) Forecast Prices 2022

SafeMoon ranks 166th in the Queen Gekko Immediately. SFM’s price forecast for 2022 is explained below with a daily time frame.

The falling wedge is a bullish price pattern that is a story about the market as the bulls prepare for another push. The falling wedge pattern is bullish, although it appeared after a downtrend. The falling wedge pattern acts as a trend as a trend reversal and trend continuation pattern. If the falling wedge appears in a downtrend, it is considered a reversal pattern.

A falling wedge is a fundamental technical formation that indicates that a correction or consolidation has just ended as the price of an asset has left the wedge to the upside, and in most cases, a continuation of the overall trend occurs.

Currently, SFM is in the range of $0.00037644. If the pattern continues, SFM price could reach the $0.0004440 resistance level, $0.0006443. If the trend reverses, SFM may drop to $0.0003642.

SafeMoon (SFM) support and resistance level

The chart below shows the support and resistance level for SFM.

SFMUSDT Support and Resistance Level (Source: TradingView)

From the above daily time frame, it is clear that what follows are the resistance and support levels for SFM.

resistance level 1 $0.0004449
resistance level 2 $0.0005208
resistance level 3 0.0006119 USD
resistance level 4 $0.0007986
resistance level 5 0.0010390 USD
Support level $0.0003606
SFM support and resistance level

The charts show that SFM has performed an upward trend over the past month. If this trend continues, SFM may work in tandem with the bulls taking out the resistance at $0.0010390.

Accordingly, if investors turn on the cryptocurrency, the price of SFM could drop to close to $0.0003606, which is a bearish sign.

SafeMoon Price Prediction 2022 – RVOL, MA and RSI

The relative volume (RVOL) of SFM is shown in the chart below. It is an indicator of how the current trading volume has changed over a period of time from the previous volume of traders. Currently, the RVOL of SFM is below the cutoff line, indicating weaker participants in the current trend.

More so, the SFM Moving Average (MA) is shown in the above chart. Currently, SFM is in a downturn. Notably, the SFM price is below the 50 MA (short term), so it is quite in a downtrend. Therefore, there is a possibility of a reversal of the SFM trend at any time.

Meanwhile, the Relative Strength Index (RSI) for SFM is at 43.09. This means that SFM is almost in an oversold state. However, this means that a major reversal in SFM’s price may occur in the coming days. Therefore, traders need to trade carefully.

SafeMoon Price Prediction 2022 – ADX, RVI

Let’s now take a look at the SafeMoon Average Directional Indicator (ADX). It helps to measure the overall strength of a trend. The indicator is the average of the values ​​of the expanding price range. This system attempts to measure the strength of price action in positive and negative trends using DMI indicators with ADX.

The above chart represents ADX from SafeMoon. Currently, SFM is in the range of 15.6142606, which indicates a weak trend.

From the chart above, SFM’s Relative Volatility Index (RVI). RVI measures the continuous skewness of price changes over a period of time rather than price changes. SFM’s RVI is above 50 levels, which indicates that the volatility trend is high. In fact, the SFM’s RSI is at the level of 43.09 confirming a possible buy signal.

SFM vs BTC vs ETH

The chart below shows a price comparison between Bitcoin, Ethereum, and SafeMoon.

BTC vs ETH vs SFM Price Comparison (Source: TradingView)

From the above chart, we can identify the trend of ETH, BTC and SFM moving along the same trend level. This indicates that when the price of BTC increases or decreases, the price of ETH and SFM increases or decreases, respectively.

SafeMoon (SFM) Price Prediction 2023

If the declining price movement completely slows down in momentum and reverses, SafeMoon (SFM) is likely to reach $0.0035 by 2023.

SafeMoon (SFM) Price Prediction 2024

With several network upgrades, SafeMoon (SFM) may be entering an upward trajectory. If the coin attracts the attention of major investors, SafeMoon could rise to $0.0048 by 2024.

SafeMoon (SFM) Forecast Prices 2025

If SafeMoon (SFM) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next three years, SafeMoon will rise to $0.0052.

SafeMoon (SFM) Price Prediction 2026

If SafeMoon (SFM) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next four years, SafeMoon will rise to $0.006.

SafeMoon (SFM) Price Prediction 2027

If SafeMoon (SFM) maintains key resistance levels and continues to be recognized as a better investment option among investors over the next five years, SafeMoon will rise to $0.0073.

SafeMoon (SFM) Price Forecast 2028

If SafeMoon (SFM) maintains a strong position as a better investment option for the next six years, it could see significant price hikes. Thus, by 2028, the price of SafeMoon will reach $0.0085.

SafeMoon (SFM) Price Prediction 2029

If investors flock and continue to place their bets on SafeMoon (SFM), this will see huge spikes. SafeMoon could reach $0.0098 by 2029.

SafeMoon (SFM) Price Forecast 2030

With greater advances in the SafeMoon ecosystem, the crypto community may continue to invest in SafeMoon (SFM) over the next eight years and drive the price of the token significantly higher. Thus, SafeMoon (SFM) could reach $0.02 by 2030.

conclusion

With the continuous improvements in the SafeMoon network, we can say that 2022 is a good year for SFM. Because of this, the bullish price forecast for SafeMoon in 2022 is $0.0010390. On the other hand, the bearish SFM price prediction for 2022 is $0.0003606.

Moreover, with developments and improvements in the SFM ecosystem, it will help SFM’s performance to reach all-time high (ATH) $0.0033 very soon. But, it could also reach $0.002 if investors think SFM is a good investment in 2022.

Instructions

1. What is SafeMoon?

SafeMoon is a DeFi token for the Binance Smart Chain that runs parallel to the original Binance Chain.

2. Where can you buy SFM?

SFM is listed on several cryptocurrency exchanges which include MEXC, DigiFinex, Bitrue, Gate.io, and XT.COM.

3. Will SFM reach a new ATH soon?

With the continuous developments and updates within the SFM platform, it has a great potential to reach ATH soon.

4. What is the highest ever height (ATH) for a SafeMoon?

On January 5, 2022, SFM reached an all-time high (ATH) of $0.00338272.

5. Is SFM a good investment in 2022?

SafeMoon (SFM) appears to be one of the best cryptocurrencies to gain this year. According to SFM’s recorded achievements in the past few months, SFM is a good investment in 2022.

6. Can SafeMoon (SFM) reach $0.001?

SafeMoon (SFM) is one of the active cryptocurrencies that is still maintaining its bullish state. Finally, if this upward trend continues, SafeMoon (SFM) will reach $0.002 soon.

7. What will be the price of SFM by 2023?

The price of SafeMoon (SFM) is expected to reach $0.0035 by 2023.

8. What will be the price of SFM by 2024?

The price of SafeMoon (SFM) is expected to reach $0.0048 by 2024.

9. How much will SFM cost by 2025?

SafeMoon (SFM) price is expected to reach $0.0052 by 2025.

10. What will the price of SFM be by 2026?

The price of SafeMoon (SFM) is expected to reach $0.006 by 2026.

Disclaimer: The opinion expressed in this graph is that of the author only. It is not to be construed as investment advice. TheNewsCrypto team encourages everyone to do their own research before investing.

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