• SafePal (SFP) is a decentralized digital asset built on the Binance Smart Chain with a total supply of 500 million tokens.
• The overview of the Safepal price prediction for 2023 can be seen in the Horizontal Channel Pattern.
• The possible resistance and support levels of Safepal (SFP) in 2023 are laid out in the chart given below.
What is SafePal (SFP)?
SafePal (SFP) is a decentralized digital asset built on the Binance Smart Chain with a total supply of 500 million tokens. SafePal, which was founded in 2018, is a secure and robust cryptocurrency wallet that assists customers in protecting and growing their decentralized assets. It is also the first hardware wallet in which Binance has invested and is supported.
SafePal (SFP) Price Prediction 2023
In this Safepal (SFP) price prediction 2023, we will analyze the price patterns of SFP by using accurate trader-friendly technical analysis indicators and also predict the future movement of the cryptocurrency. At the time of analysis, it was recorded at $0.5110 and can reach up to resistance levels of $0.6246 and $1.1833 if trend continues or fall to support levels at $0.4533 and $0.3268 if trend reverses..
Current Market Status
Currently, it has 24 – Hour Trading Volume of 11 million USD with 24 – Hour Price Change 4.78% Down which brought its current circulating supply to 369,666,536 SFP tokens . The All – Time High for SFP was at $4.39 on February 09th 2021 as per CoinMarketCap data .
Support & Resistance Levels
The chart given below elucidates the possible resistance and support levels of safepal (SFP). If pattern trend continues then price may reach upto resistance level or if it reverses then support level might be reached .
Conclusion
To conclude , safe pal’s(SFp) predictions for year 2023 may have bullish outlook but there are high chances that bearish trend might get triggered too as market conditions change every now and then . For better accuracy traders must also keep an eye on support & resistance levels while trading SFp token .