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Safemoon Price Prediction

 


Safemoon was one of the most hyped coins in 2021. The big meme coin story began with Safemoon. During this time, some cryptocurrencies, including Shiba Inu and Safemoon, have risen extremely. These increases were so blatant that people with as little as a 4-digit amount became millionaires. But what about the Safemoon course? Should we still invest in Safemoon now that most of the hype has died down? Could the hype come back again? We're going to tell you all about the Safemoon course today!


Safemoon price could break out soon!

Since the Safemoon / USDT pair is not available on TradingView, we have to look at and analyze the Safemoon course against Ethereum. However, the chart picture has not changed much like against USD. We can check that out on CoinMarketCap . The Safemoon course has had a sideways phase between 0.0000000006 ETH and 0.0000000008 ETH in the past few weeks. This sideways phase was formed after an up move, so we expect the price to break out of this rectangle (sideways phase) in a bullish manner. Because of this, an investment would be worthwhile now, at around 0.0000000006 ETH. So you could probably double your Ethereum in the near future.


Is a price increase of 100% realistic?

The Safemoon price could increase by about 100% in the near future. We do not expect the price to increase by a full 100%, but almost 100%. The target of the rectangle is around 0.0000000011 ETH. This would mean a price increase of around 70%. So you could increase your Ethereum by a factor of 1.7 in the near future if you invest in Safemoon.


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