Blockchain

SAFUU Price Prediction: Set to test new resistance of 42$, will it break it or still go sidewise

Bitcoin price Fear and Greed index has been residing in extreme fear levels for over two weeks. This Index can be used as a contrarian bullish signal since more investors are unwilling to invest in the current BTC price leaves more room for smart money to accumulate large orders. Whereas SAFUU coin have also experienced some decline in the price due to the market conditions. Still there are some bullish signals which might leads to the price surge for SAFUU towards testing new resistance of 42$.

On the other hand XRP price has investors questioning how low the digital remittance token can fall. As other cryptocurrencies are positioning for an anticipated countertrend spike, XRP price action diverges from the pact, hinting at another drop in the coming weeks.

MACD recently gave a bullish signal, although there was not much volume or buying pressure, but as the holders stay strong SAFUU will experience price surge and will try to test its new resistance of 42$

EMA (200,50) remains bearish as the market is under huge correction and with the increase of selling pressure on top coins like BTC and ETH the market conditions will remain the same for a while. Although there is an increase in deposits on DEFI auto staking platforms and algorithms such as SAFUU which leads to rejection the huge in price like LUNA or UST.

Chaikin Money Flow (CMF) which works similar to MACD also show bullish sentiments for SAFUU coin. Whereas the Historical Volatility (HV) as per the charts above is very low, meaning that there are likely less chances of price drop and more likely a favourable condition for new retail or even institutional investors to infuse new capital in SAFUU. As SAFUU is also providing the highest yield which provides a big hedge against inflation and also the bear market.

Money Flow Index (MFI) which acts similarly to RSI but the similarity ends in the way they both calculate the market oversold or overbought zones. For SAFUU the price is still not over bought even with increase in price the MFI remains below the overbought zone.

Safuu Price Prediction Chart

SAFUU Price Prediction for May 2022

SAFUU started in May 2022 at $164.413 and is predicted to finish the month at $30.800. During May, the maximum forecasted SAFUU price is $50.038 and the minimum price is $34.026.

SAFUU Price Prediction for June 2022

SAFUU is predicted to start in June 2022 at $30.289 and finish the month at $35.520. During June, the maximum forecasted SAFUU price is $37.862 and the minimum price is $25.746.

SAFUU Price Prediction for July 2022

SAFUU is predicted to start in July 2022 at $35.520 and finish the month at $45.871. During July, the maximum forecasted SAFUU price is $44.400 and the minimum price is $30.192.

What is SAFUU?

SAFUU Token

$SAFUU is the native token which interest rebase rewards are paid. Every token holder automatically receives 0.02355% interest every 15 minutes just for holding $SAFUU tokens in their own wallet!

The Highest Paying Auto-Staking & Auto-Compounding Protocol

  • Highest Fixed APY in Crypto – 383,025.80%
  • Low Risk with Safuu Insurance Fund (SIF)
  • Interest Paid Every 15 Minutes: 96 Times Daily!
  • Automatic Staking and Compounding in Your Wallet!

Safuu Auto-Liquidity Engine (SALE)

Every 48 hours our Safuu Auto-Liquidity Engine (SALE) will inject automatic liquidity into the market. On each buy or sell order there is a 4% tax fee that automatically gets stored into an Auto-LP wallet and built into our protocol’s smart contract is the mechanism which smartly takes the 50% of the amount of SAFUU stored in the wallet, and will automatically buy BNB at the current market price.

The remaining 50% of SAFUU in the Auto-LP wallet will be used for the SAFUU side of liquidity, therefore giving equal an 50/50 weighting of SAFUU/BNB which will then be automatically added as new, additional liquidity into the market pair and raising the amount of liquidity in the pool.

 

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