Safe is Predicted to Reach $ 2.09 By Oct 30, 2024
Safe is predicted to increase 34.02% in the next 5 days and hit a price target of $2.09 per SAFE. Check out today's Safe price prediction to learn why.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
- Safe is up 71.40% today against the US Dollar
- SAFE/BTC increased by 69.54% today
- SAFE/ETH increased by 72.96% today
- Safe is currently trading 22.62% below our prediction on Oct 30, 2024
- Safe gained 98.48% in the last month and is down -50.45% since 1 year ago
Safe price | $ 1.62 |
Safe prediction | $ 2.09 (34.02%) |
Sentiment | Bullish |
Fear & Greed index | 72 (Greed) |
Key support levels | $ 0.961107, $ 0.583161, $ 0.231796 |
Key resistance levels | $ 1.69, $ 2.04, $ 2.42 |
SAFE price is expected to rise by 34.02% in the next 5 days according to our Safe price prediction
Safe price today is trading at $ 1.62 after gaining 71.40% in the last 24 hours. The coin outperformed the cryptocurrency market, as the total crypto market cap increased by 27.84% in the same time period. SAFE performed well against BTC today and recorded a 69.54% gain against the world’s largest cryptocurrency.
According to our Safe price prediction, SAFE is expected to reach a price of $ 2.09 by Oct 30, 2024. This would represent a 34.02% price increase for SAFE in the next 5 days.
SAFE Price Prediction Chart
What has been going on with Safe in the last 30 days
Safe has been displaying a positive trend recently, as the coin gained 98.48% in the last 30-days. The medium-term trend for Safe has been bullish, with SAFE increasing by 37.52% in the last 3 months. The long-term picture for Safe has been negative, as SAFE is currently displaying a -50.45% 1-year price change. On this day last year, SAFE was trading at $ 3.26.
Safe reached its all-time high price on Apr 23, 2024, when the price of SAFE peaked at $ 3.26. The current SAFE cycle high is $ 1.68, while the cycle low is at $ 0.622554. SAFE has been displaying low volatility recently – the 1-month volatility of the coin is at 9.46. Safe recorded 20 green days in the last 30 days.
Safe technical analysis for today - Oct 25, 2024
The sentiment in the Safe markets is currently Bullish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.961107, $ 0.583161 and $ 0.231796, while $ 1.69, $ 2.04 and $ 2.42 are the key resistance levels.
Bullish sentiment for Safe
17 indicators are currently signaling a bullish prediction for Safe, while 4 indicators are showing a bearish forecast. With 81% of indicators favoring a positive prediction. This results in an overall Bullish sentiment for Safe.
Crypto market is currently experiencing Greed
Currently, the Fear & Greed index is at 72 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.
Safe moving averages & oscillators
Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Safe is positioned in the market right now.
Period | Daily Simple | Daily Exponential | Weekly Simple | Weekly Exponential |
MA3 | $ 1.03 (BUY) | $ 0.959294 (BUY) | - | - |
MA5 | $ 1.04 (BUY) | $ 0.943213 (BUY) | - | - |
MA10 | $ 0.988781 (BUY) | $ 0.930290 (BUY) | - | - |
MA21 | $ 0.960854 (BUY) | $ 0.903719 (BUY) | - | - |
MA50 | $ 0.842779 (BUY) | $ 0.877234 (BUY) | - | - |
MA100 | $ 0.886425 (BUY) | $ 0.974478 (BUY) | - | - |
MA200 | - | - | - | - |
Period | Value | Action |
RSI (14) | 72.91 | NEUTRAL |
Stoch RSI (14) | 14.42 | BUY |
Stochastic Fast (14) | 25.60 | NEUTRAL |
Commodity Channel Index (20) | 66.67 | NEUTRAL |
Average Directional Index (14) | 33.94 | SELL |
Awesome Oscillator (5, 34) | 0.11 | NEUTRAL |
Momentum (10) | -0.02 | SELL |
MACD (12, 26) | 0.00 | NEUTRAL |
Williams Percent Range (14) | -74.40 | NEUTRAL |
Ultimate Oscillator (7, 14, 28) | 46.49 | NEUTRAL |
VWMA (10) | 0.98 | SELL |
Hull Moving Average (9) | 1.09 | SELL |
Ichimoku Cloud B/L (9, 26, 52, 26) | 0.97 | NEUTRAL |
The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Safe is at 72.91, suggesting that SAFE is currently overbought.
The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Safe over the last 50 days. Currently, Safe is trading below the SMA 50 trendline, which is a bearish signal.
Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the SAFE closing price for the last 200 days. SAFE is now trading below the SMA 200, signaling that the market is currently bearish.
The bottom line about this Safe prediction
After considering the above factors, we can conclude that the current forecast for Safe price prediction is Bullish. SAFE would have to increase by 34.02% to hit our $ 2.09 target within the next five days. Moving forward, it will be important to monitor the SAFE market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Safe price predictions click here.
Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.
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