- Bullish SFM price prediction is between $0.0009 and $0.0018.
- SFM price might also reach $0.003 soon.
- SFM bearish market price prediction for 2022 is $0.0003.
This SafeMoon (SFM) Price Prediction 2022 article is based on technical analysis alone. Below, you will see the key metrics that we have taken into consideration upon coming up with our SFM price analysis and prediction.
Among the cryptocurrencies that are surging this year, SFM is perhaps one of the most surprising for some. It is not directly related to Bitcoin, nor is it the most hyped cryptocurrency today. But for those that are aware, SafeMoon (SFM) has gained 163% in the past 14 months according to CoinGecko.
Can SFM reach $0.003 in 2022? We will find out shortly. But before we proceed to our SFM analysis, let us first answer the question “What is SafeMoon (SFM)?” in this SFM prediction 2022 article.
What is SafeMoon (SFM)?
SafeMoon Protocol is a decentralized finance (DEFI) token. According to the SafeMoon website, SafeMoon has three functions that take place during each trade: Reflection, LP Acquisition, and Burn.
SafeMooon Protocol will be expanding to include an NFT marketplace and coin launchpad which will allow users to create their own cryptocurrencies via the platform. SafeMoon protocol has an ambitious roadmap thanks to its growing popularity and they wish to be listed on the leading exchanges, launch a decentralized exchange (DEX), and increase its partnerships by the end of 2021.
Now that we are clear about SafeMoon, do you think SFM will be beneficial crypto in 2022? Join me and let us see the charts in this SFM price analysis and SFM price prediction.
SafeMoon (SFM) Current Market Status
As of the time of writing this SFM price analysis, SafeMoon trades at $0.0007 with a 24-hour trading volume of $26,343. The price of SFM has decreased by 89.74% in the last 24 hours.
Furthermore, SafeMoon (SFM) has a current circulating supply of 562,232.50B SafeMoon according to CoinMarketCap. Currently, the top cryptocurrency exchanges for SFM are PancakeSwap, Bitrue, Mexc, and Gate.io.
Now, let’s proceed to the next part of this SFM technical analysis for 2022.
SafeMoon (SFM) Price Analysis 2022
Currently, SFM holds 360th place on CoinMarketCap. But will the latest upgrades, development, and changes in the SafeMoon (SFM) ecosystem help the cryptocurrency price to reach higher? Let’s proceed to the charts in this SFM price prediction article.
Keltner channel is a technical analysis indicator that is used to determine trend directions by measuring the volatility above or below the candlesticks. From the Keltner Channel signals for SFM/USDT, we can deduce that the price of SafeMoon (SFM) might get bullish in some days since the price is in the first half of the channel from the top. However, in the long-term, the price might get bullish since top cryptocurrencies like Bitcoin and Ethereum are already getting bearish from the recent bullish run.
The Relative Strength Index (RSI) measures the relative momentum in the magnitude of recent price changes so as to deduce oversold or overbought assets. The RSI value of the 1Day chart is 62.67. This shows that SafeMoon is showing a strong trend since its RSI lies between 50 and 70. This value can trigger a bullish run if investors reposition themselves either toward the buyers.
From the chart above, the 100-MA is above the 50-MA which means that long-term investors would gain. However, since the gap between the two moving averages is wide and both moving averages are within the recently formed candlestick, the next bullish run might be long.
SafeMoon (SFM) Price Prediction
The chart below shows that SafeMoon (SFM) has performed well in the past one day. It has gained 10.1% in the past 7 days. Moreover, the SFM price shows a bullish trend. If this trend continues, SFM might run along with the bulls, overtaking its $0.0009 resistance1 level and moving higher to $0.0018 at the resistance3 level, the 2022 bullish signal.
Conversely, if the investors turn towards the crypto, the bears might take over and push SafeMoon (SFM) from its uptrend position. In simpler terms, the price of SFM might plummet to almost $0.0003, a bearish signal.
Meanwhile, our long-term SFM price prediction for 2022 is bullish. It has a high possibility of reaching new heights. More so, this will only happen if it breaks many past psychological resistances.
SafeMoon (SFM) Price Prediction 2022
If this bullish trend continues, SafeMoon (SFM) will reach $0.0018 by the end of 2022. Moreover, the first half of 2022 is going to show fast growth, up to $0.0012. Then this rise will slow down, but no major falls are expected. With upcoming, partnerships, and developments reaching $0.003 is quite optimistic in the price point of view but undoubtedly feasible for the SFM future.
SafeMoon (SFM) Price Prediction 2023
If SafeMoon (SFM) holds the support level around 100-MA, the long-term moving average of 200 days firmly, buyers will then have ample time and stability to forge the next attack mission on the vital level at $0.005, making it not plummet but play consistently.
SafeMoon (SFM) Price Prediction 2024
As per the latest upgrades, developments, SafeMoon (SFM) price prediction, and new project forecasts of the platform, SafeMoon (SFM) investors could expect many partnerships and integrations around 2024. Moreover, this might boost the price of SFM in the crypto market, and it will be the best investment as the price can spike and reach around $0.007.
SafeMoon (SFM) Price Prediction 2025
In the next four years, SFM’s price could race up to $0.01. However, reaching this level could not be so difficult for SafeMoon as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that SafeMoon has a high possibility of reaching a new ATH soon in the next four years as per the prediction.
SafeMoon (SFM) Price Prediction 2026
In the next five years, SFM’s price could race up to $0.02. However, reaching this level could not be so difficult for SafeMoon as additional medium, short-term, and long-term price targets could be found to purchase or sell orders. This indicates that SFM has a high possibility of reaching a new ATH soon in the next five years as per the prediction.
SafeMoon (SFM) has a bright future ahead of it in 2022. With the ongoing developments happening within the SafeMoon ecosystem, as well as in the overall crypto market, we may see SFM reach new heights.
Bullish SFM price prediction 2022 is $0.0018. As said above, it may even reach its new ATH if investors have decided that SFM is a good investment in 2022, along with mainstream cryptocurrencies like Bitcoin and Ethereum.
Users can obtain SafeMoon (SFM) tokens by purchasing them from cryptocurrency exchanges such as Bitrue, Mexc, and Gate.io.
SFM is a good investment in 2022. Moreover, SafeMoon (SFM) has a high possibility of reaching new heights this year.
Yes, it’s very much possible that SFM might reach $0.003 in the SafeMoon future as per the current bullish trend.
SFM price is possible to reach $0.0018 by 2022.
SFM price is possible to reach $0.005 by 2023.
SFM price is possible to reach $0.007 by 2024.
SFM price is possible to reach $0.01 by 2025.
SFM price is possible to reach $0.02 by 2026.
Disclaimer: The views and opinions expressed in this article are solely the author’s and do not necessarily reflect the views of CoinQuora. No information in this article should be interpreted as investment advice. CoinQuora encourages all users to do their own research before investing in cryptocurrencies.