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The Protected value has surged by 75% over the previous week to trade at $1.64 as of three:20 a.m. EST on buying and selling quantity that soared 270% to $108 million.
SAFE at the moment ranks as the highest weekly gainer among the many main 100 cryptocurrencies by market capitalization.
The SAFE value surge follows its listing on Upbit, South Korea’s main crypto alternate. Now, many out there are speculating whether or not the token can maintain its bullish momentum.
KOREAN EXCHANGES ARE PUMPING CRYPTO
Upbit launched @safe buying and selling with pairs: $KRW, $BTC, $USDT
Bithumb has added @BuildOnBeam and @bounce_finance‘ tradings pairs for the korean gained$SAFE is up 66%, $AUCTION is up 3%, and $BEAM is up 2% following the announcement. pic.twitter.com/q2OfTNad0E
— Satoshi Membership (@esatoshiclub) October 24, 2024
Protected Worth Bullish Crossover And Rounded Backside Sign Potential Uptrend
The chart for the Protected/USDT pair in a 30-minute timeframe reveals that the token is buying and selling at $1.5636, reflecting a 4.38% lower. A major value surge occurred earlier, with a pointy spike lifting the value from round $1.00 to $1.63.
After the spike, a rounded backside sample developed, usually a bullish continuation sign indicating consolidation earlier than a possible upward motion.
The shifting averages reveal a bullish crossover. Across the time of the value spike, the 50-period shifting common (at the moment at $1.4572) crossed above the 200-period shifting common, signalling rising upward momentum. This 50-period shifting common now acts as assist beneath the present value degree.
SAFEUSD Evaluation Supply: Tradingview
Moreover, the RSI reveals a price of 54.12, which locations it in impartial territory, suggesting no robust overbought or oversold situations at current. Earlier, the RSI reached 69.66 throughout the spike, approaching overbought ranges earlier than the Protected value retraced barely.
Typically, the mixture of the shifting common cross, the rounded backside sample, and the impartial RSI factors to a possible continuation of bullish momentum, supplied the value maintains assist across the $1.4572 mark. It could possibly break above the rapid resistance at $1.6297.
Crypto All-Stars Heads For $3 Million: Greatest Crypto To Purchase Now?
As Protected value merchants anticipate an additional bullish surge, the brand new Crypto All Stars (STARS) presale has stormed previous $2.7 million in funds raised.
In response to the 99Bitcoins YouTube channel, which has greater than 706k subscribers, STARS is among the many high 3 crypto presales proper now with the potential to 10x after launch.
Crypto All-Stars (STARS) is a novel meme coin venture that provides traders the chance to stake a number of high meme cash on the identical platform for the primary time.
It does that by way of its modern MemeVault protocol, which is able to from the token’s launch allow staking of DOGE, SHIB, PEPE, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO. The crew plans so as to add extra staking choices within the coming weeks.
By locking up any of those tokens on the Crypto All-Stars platform, traders will earn rewards paid out in STARS tokens.
Whilst you sit back in your hammock, keep in mind that the MemeVault will probably be launching quickly!🌟 pic.twitter.com/bqJU4oTmVT
— Crypto All-Stars (@all_stars_coin) October 18, 2024
STARS tokens themselves will also be staked, and supply a blinding 565% in annual rewards.
Traders concerned about getting in early on STARS can purchase it for $0.0015248 utilizing tokens together with ETH, BNB, USDT, DOGE, FLOKI, PEPE, or SHIB.
If you’re to hitch the venture, purchase earlier than a value hike in lower than 3 days.
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- Staking Rewards – pepeunchained.com
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