Technical analysis regarding the price of SAFEPAL in relation of dollar Tether for the next scenarios, based on 15 minutes movement.
This crypto was listed on Binance yesterday at 10am and so far it has only been increasing! It is a great investment for anyone looking for medium/long term returns. A company with great fundamentals and solid bases to deliver what it says! I've been investing heavily in this crypto and well, the trend is to increase its price even more.
Projection made a little over the hour, on a 15-minute graph, to which the graphical pattern (ascending triangle) is materializing and there is also confluence of the regions with Fibonacci.
disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Smh "yes it's dying" the difference is new crypto opening in a bull market vs bear market. We're still in price discovery However if doge can hit 10 billion market cap then this token which has a use case with a functioning product that costs 1/3 of its competitor (nano ledger) can easily hit 1billion marketcap
luizhcruz
⋅
@Joker762, yes friend, that is the question to relate. I am very confident about its potential for recovery. There is a strong buying mass that has yet to enter the project. 🏌👏
Joker762
⋅
@luizhcruz, take a look at the launch of egld on binance, this was absolutely still in the bear market phase, illustrates perfectly the difference in coin launches. and also shows the important lesson, it might take some time but in the end most positions can be exited in profit ;)
@MONEYONMYMINDDDS, since its launch, it has been valued ... Always sharp movements are not good! These price corrections are necessary for the bears to catch their breath and well .... soon we will return with this main upward trend.
The price is not dying, just breathing for a new boost! 👍😄🏅
luizhcruz
⋅
@miclewills55, i believe not, because if you look at it in a broader view of time, the price has not yet exceeded even 50% of what has already risen since its launch at Binance.
What the price is doing is a healthy price correction ~my view
I hope the price will react in the next scenarios and awaken the incredible potential for appreciation that currency has. 💡🤝😄
MudiMan
⋅
where to go ?
luizhcruz
⋅
@MudiMan,
I believe in a more optimistic scenario, reaching $5.8 soon.
Thank you for the review, friend 😄🏌👍