Crypto price prediction: SSV, SafePal (SFP), Chiliz (CHZ)

Cryptocurrency prices remained nervous this week as FTX’s meltdown continued. During the week, Genesis, a major crypto exchange, briefly suspended its withdrawals. Similarly, a crypto lender associated with Digital Currency Group (DCG) suspended most of its operations. Bitcoin remained at $16,000. Here are the best coins to trade over the weekend: SSV, SafePal, and Chili.

SSV Price Prediction

SSV Network is an upcoming blockchain project that provides distributed validator infrastructure services to developers. It is designed to create high-performance, secure and decentralized ETH staking applications. Some of the products using its network are Infinite Lux, Swell Network, Ankr, and Stader among others.

The price of SSV has recovered slightly in recent days. This revival happened after the network teamed up and gave Moonstake a grant. More importantly, it has partnered with Lido, the largest liquid staking platform in the world. Lido will use its distributed validation technology to scale its operations.

The daily chart shows that the price of SSV has rallied strongly in recent days. During this period, it managed to move from below the 78.6% retracement to the 61.8% retracement point. It is also consolidating at the 25-day and 50-day moving averages.

It is therefore clear that SSV Network is not out of the woods yet. A bull run will only be confirmed when it moves above the two MAs and the 50% Fibonacci retracement level. A decline cannot, therefore, be ruled out over the weekend.

How to buy SSV

Safepal Price Prediction

Safepal is a crypto wallet that helps protect cryptocurrencies. It has a hardware crypto wallet and mobile apps used by thousands of users. The Safepal price has done well over the past few weeks as it is up over 170% from its low this month. This recovery happened when people moved their coins to secure wallets.

On the daily chart, we see that the SFP price made a strong bullish breakout this week. As it rose, it managed to break above the important resistance level at $0.5985, which was the highest level since August of this year.

SafePal price also broke above all moving averages while the Relative Strength Index (RSI) moved to the overbought level. Therefore, the coin will likely pull back as investors start taking profits. If that happens, it will likely retest support at $0.60.

nance

Binance is one of the largest cryptocurrency exchanges in the world. It is more suitable for more experienced investors and offers a large number of cryptocurrencies to choose from, at over 600. Binance is also known for having low trading fees and a multitude of trading options that its users can benefit from. , as; peer-to-peer trading, margin trading, and spot trading.

Buy SFP with Binance today

Trading area

Swapzone is a crypto exchange aggregator that functions as a gateway between the cryptocurrency community and exchange services. Swapzone aims to provide a convenient interface, secure user flow, and crystal-clear data allowing users to find the best exchange rates across the entire cryptocurrency market.

Buy SFP with Swapzone today

Chili (CHZ)

The price of Chiliz has performed well over the past few days as the world Cup approach. During this period, it rebounded from a low of $0.1445, which was the lowest level this month. It climbed to the current $0.240.

The coin broke above the 25- and 50-day moving averages while the Relative Strength Index (RSI) broke above the neutral point. The coin will likely continue to soar as the excitement around the upcoming World Cup approaches. This rally could see it reach the important resistance at $0.3066.

How to buy Chili

eToro

eToro is a global social investment brokerage company that offers over 75 cryptocurrencies to invest in. It offers commission-free crypto-trading, and platform users have the option of investing manually or socially. eToro even has a unique CopyTrader system that allows users to automatically copy trades from popular investors.