SAFE Price Up 76% With Upbit Listing, Eyes To Hit $2 This Week?

With the itemizing of Protected tokens on the Upbit cryptocurrency alternate, this altcoin has skilled an enormous enhance in its volumes. Protected Crypto reportedly registered a 9,747.85% enhance in its 24-hour buying and selling quantity, including ~76% to its valuation.

Given the growing volatility, will this altcoin preserve its good points? Or will there be a major correction this weekend? Dive in, as a result of we have lined the short-term worth outlook of safe (SAFE) crypto tokens on this article!

Safe Crypto Data Elevated Bullish Motion!

After registering a sideways pattern for a brief interval, the Protected token has efficiently regained its momentum by breaking its $1 barrier within the final 24 hours with a buying and selling quantity of $329.47 million. Moreover, it’s up ~167% from its ATL of $0.6167 over the previous three months.

The Easy Transferring Common (SMA) is displaying a bullish rise within the 1D timeframe. This highlights the elevated shopping for strain for the Protected crypto token out there.

Moreover, the MACD indicator has recorded a major enhance within the inexperienced histogram, with the averages experiencing a pointy enhance within the Protected worth chart. This means that the value might proceed to achieve worth within the close to future.

How excessive will the protected worth go?

If bullish sentiment continues, it may result in this altcoin retesting its $1.89 resistance degree. Sustaining the value above that degree may pave the way in which for a worth to succeed in a excessive of $2.40 within the coming weeks.

However, if a bearish pattern reversal happens, it may pull the Protected crypto worth in the direction of the $1.45 assist degree. Moreover, if bearish sentiment will increase, this Ethereum-based altcoin may retest its decrease $1 assist degree within the close to future.