SFP/USDT (Safepal)
Sector: Wallet
Market Cap: $360M
Safepal is proposing various products to secure cryptocurrencies and NFTs, such as a web extension or physical products.
The SFP chart is remarkable, and stands out from the majority of of cryptos that are heavily impacted by the recent drop in Bitcoin's price. Indeed, this one seems a lot more resilient and almost unaffected. It continues to lateralize below a horizontal level resistance level without showing any weakness.
The fact that this crypto is more resilient than the market as a whole is a demonstration of its relevance, and leads us to assume that when the market rises again, it will undoubtedly explode. We will probably see more consolidation over the coming days/weeks before we get the bullish confirmation above $0.92.
Sector: Wallet
Market Cap: $360M
Safepal is proposing various products to secure cryptocurrencies and NFTs, such as a web extension or physical products.
The SFP chart is remarkable, and stands out from the majority of of cryptos that are heavily impacted by the recent drop in Bitcoin's price. Indeed, this one seems a lot more resilient and almost unaffected. It continues to lateralize below a horizontal level resistance level without showing any weakness.
The fact that this crypto is more resilient than the market as a whole is a demonstration of its relevance, and leads us to assume that when the market rises again, it will undoubtedly explode. We will probably see more consolidation over the coming days/weeks before we get the bullish confirmation above $0.92.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.