Safe (SAFE) Surges 100%: Is a Move to $2.50 on the Horizon?

Safe has been moving fast and traders are paying attention because it’s a smart account platform with over $100B in assets and 200+ projects in DeFi.

Price Jumps 21% in 24 Hours: Key Levels to Watch

As of October 25, 2024, Safe (SAFE) is $1.63 with $289.9 million in 24 hour volume. Safe is up 21.45% in the last 24 hours and 70% in the last week and is now #88 on CoinMarketCap with a market cap of $756.7 million and 463,757,969 SAFE coins in circulation.

Technically Safe is still looking bullish even though it’s overbought according to RSI of 79.75. Price is testing the 0.382 Fibonacci level at $1.77 which is immediate resistance. A break above this level could mean more upside with next targets at 0.5 level at $2.12 and 0.618 level at $2.48.

On the downside, support is at $1.33 (0.236 Fibonacci). A break below this level could mean more corrections with next support at $1.10. 50 day EMA is at $0.94 which is a key pivot and foundation of the current uptrend.

Safe is still looking bullish as long as it holds above key support levels. But traders should be careful as RSI is overbought and if momentum fade.

Safe’s Future: What’s Next?

Safe’s price is going up at the same time DeFi projects are getting more popular. As one of the main players in the smart account platform space Safe is well positioned to benefit from the growing DeFi ecosystem.

With Binance Futures now offering leveraged SAFEUSDT contracts more traders will participate, add liquidity and volatility to the asset.

Looking forward Safe will need to break through $1.77, $2.12 and $2.48 to maintain the bullish momentum. If Safe can do that the price will go up and traders will have a lot of upside.

But be careful with the overbought RSI and short term corrections. If selling pressure comes Safe could go back to $1.33 and $1.10 before resuming the up trend.

Safe Price Chart - Source: Tradingview

Key Insights:

  • Safe has surged nearly 100% in the past week, with a current price of $1.63, up 21.45% in the last 24 hours.

  • Immediate resistance is at $1.77, with potential to reach $2.12 and $2.48 if momentum holds.

  • RSI at 79.75 indicates overbought conditions, but Safe’s bullish trend remains strong.

Conclusion

Safe is one of the most watched tokens in DeFi space and still looks bullish even with overbought RSI. Watch for a break above $1.77 and the price will go to $2.12 and $2.48.

But be careful, if the momentum fails the price will go back to $1.33 or lower.

Safe’s ecosystem is growing and integrated with Binance trading platform, it’s a token with big potential but also more volatility in the short term.



Source link

Visited 1 times, 1 visit(s) today

Related Article

Ernakulam rural police examine mobile phones seized from counterfeit currency case accused | Kochi News

Kochi: Ernakulam rural police have intensified investigation into a suspected counterfeit currency network after recovering three mobile phones from a 62-year-old man who was arrested for circulating fake notes. The accused, identified as Abdul Rasheed of Pathanapuram in Kollam, was taken into custody by Kuruppampadi police on Thursday.Officers said the phones were also examined by

iQOO 15 unboxed ahead of launch, charging speed downgrade confirmed

iQOO will unveil the iQOO 15 on October 20 at an event in Shenzhen, China. The brand recently shared some pictures of the iQOO 15, revealing its color options and giving us a fair idea of the smartphone’s design. Now, the iQOO 15 has appeared in an unboxing video posted by AnTuTu on Weibo, which

When It Helps And When It Hurts

If you’ve ever wondered why some people sip espresso like water while others end up wired at 3 am, you’re not alone. Coffee divides people – sometimes within the same household – into those who thrive on it and those who suffer the consequences. Mic the Vegan, a popular science communicator with a Master of

iPhone 17 vs. iPhone Air Battery Test Showdown: I Just Crowned A New Winner

Key takeaways: The iPhone 17 Pro Max has outstanding battery life that easily lasts all day with charge to spare. Our exclusive lab data shows you don’t need to pay over a grand for excellent battery life. The $829 iPhone 17’s battery lasts just as long as the $1,099 iPhone 17 Pro. The ultrathin iPhone

The latest mobile hotspots deliver 5G to almost any device while sparing your phone’s battery – here’s why businesses won’t want to snooze on the newest technology

Qualcomm’s recent announcement of the Snapdragon X2 Elite shows that the company continues to strengthen its push to gain a foothold in Windows PCs., particularly as Nvidia pumps investment into a reeling Intel. The X2 Elite outperforms Qualcomm’s previous PC offerings in all the important key metrics. But there’s one feature from the company’s early

Oppo Find X9 series coming to India in November

During the annual India Mobile Congress this year, Oppo and MediaTek announced that the Find X9 series will be the first smartphone lineup to feature MediaTek’s latest and greatest Dimensity 9500 SoC, which was announced in late September. That bit isn’t particularly new information, though. The interesting bit about the announcement is that the Find

Headlines from the Coffee Industry

Our recurring round-up of the latest specialty-coffee industry news. FROM STAFF REPORTS Featured image by Joshua Earle World Coffee Research Recognized in TIME Magazine’s Best Inventions of 2025 World Coffee Research has announced that their Innovea Global Coffee Breeding Network was named a Best Invention of 2025 by TIME Magazine. Launched in 2022, Innovea a

Domestic Violence Awareness: Waukesha coffee shops help spread word

WAUKESHA, Wis. – Coffee is serving as a conversation starter in Waukesha County during Domestic Violence Awareness Month.  Conversation starter What we know: It is a sobering reminder every October from The Women’s Center. Seventy-one people have been killed in Waukesha County acts of domestic violence since 1992.  Advocacy specialist Mo Dempsey said there was

Samsung Galaxy Tab S11 Ultra review

Introduction The Galaxy Tab S11 flagship series premiered at Berlin’s IFA this year and it is available in two sizes – the 11″ Tab S11 and the 14.6″ Tab S11 Ultra. Today, we will explore the larger of these slates, the most premium Samsung tablet right now – the Galaxy Tab S11 Ultra. Thin and

The Best Stovetop Espresso Maker for Design Enthusiasts (2025)

As you know, coffee is life in Italy. But you can still have la dolce vita stateside with the best stovetop espresso maker. Unlike espresso machines that can take up precious counter space, this type of model is typically the size of a tea kettle. The secret to making a great Italian coffee is rooted

Honor’s new teaser details the Magic8 Pro’s telephoto camera

Honor has released some new teasers about its upcoming Magic8 Pro, and specifically about its 200 MP telephoto camera. This will have a 1/1.4″ type sensor, the AIMAGE Honor Nox Engine, a large f/2.6 aperture, and, according to the brand, the industry’s first CIPA 5.5-stop image stabilization. This should handle hand shaking without issue as

Lawmakers Introduce Bipartisan Bill to Prohibit Student Cellphone Use in Pennsylvania Schools

Legislation responds to alarming declines in youth mental health, academic achievement, and social engagement.  HARRISBURG – Citing the steep decline in youth mental health and academic performance during the past decade, Sens. Devlin Robinson (R-37), Vince Hughes (D-7), and Steve Santarsiero (D-10) today announced the introduction of bipartisan legislation requiring Pennsylvania schools to adopt policies

0
Would love your thoughts, please comment.x
()
x