Cryptocurrency prices remained on edge this week as the collapse of FTX continued. Genesis, a major crypto exchange, temporarily suspended withdrawals during the week. A crypto lender affiliated with Digital Currency Group (DCG), also suspended its operations for most of the week. Bitcoin remained at $16,000. These are the top coins you can trade over the weekend: SSV and SafePal.
SSV price prediction
SSV Network, a blockchain project, provides distributed validator infrastructure services to developers. It’s designed to build high-performance, secure and decentralized ETH staking apps. It is used by Infinite Lux and other products such as Swell Network, Ankr and Stader.
In the last few days,
SSV prices have made a slight recovery. After Moonstake was granted a grant and the network joined forces, this recovery occurred. It also partnered with Lido – the largest liquid staking platform worldwide. Lido will scale its operations by using its distributed validation technology.
The daily chart shows that the SSV price has experienced a strong recovery over the past few days. In this period, it has managed to move from below the 78.6% retracement to 61.8% retracement point. It is also consolidating at the 25-day and 50-day moving averages.
Therefore, it is clear that SSV Network is not out of the woods yet. A bull run will be confirmed only when it moves above the two MAs and the 50% Fibonacci Retracement level. A pullback is not possible during this weekend.
SSV chart by TradingView
How to buy SSV
Safepal price prediction
Safepal is a crypto wallet that helps protect their cryptocurrencies. The company offers a mobile app and a hardware wallet that can be used by thousands. The Safepal price has done well in the past few weeks as it rallied by more than 170% from its lowest level this month. People moved their coins into secure wallets to recover this recovery.
The daily chart shows that the SFP price has made a strong bullish breakout in the past week. It rose to $0.02, breaking above the resistance at $0. 5985, which was the highest level since August of this year.
SafePal price also moved above all moving averages while the Relative Strength Index (RSI) moved to the overbought level. As investors begin to take profits, the coin is likely to pull back. If this happens, it will likely retest the support at $0.60.
SFPUSD chart by TradingView
How to buy Safepal
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.
Binance is known for its low trading fees and multiple trading options. These include margin trading, peer-to-peer, spot trading, and margin trading.
Get SFP with Binance now
Swapzone
Swapzone is a crypto exchange aggregator that operates as a gateway between the cryptocurrency community and exchange services. Swapzone provides a user-friendly interface, secure user flow, and clear data to help users find the best exchange rates in the entire cryptocurrency market.
Swapzone SFPs available for purchase
Chiliz (CHZ)
Chiliz price has done well in the past few days as the World Cup nears. It has risen from $0.0 in the previous period. 1445, which was the lowest level this month. It soared to the current $0.240.
The coin has moved above the 25-day and 50-day moving averages while the Relative Strength Index (RSI) has moved above the neutral point. As the excitement for the World Cup draws near, the coin will continue to soar. This recovery could see it rise to the important resistance at $0.3066.
CHZUSD chart by TradingView
How to buy Chiliz
eToro
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users have the ability to connect with, learn, copy, or get copied from other users.
Get CHZ today with eToro
Bitstamp
Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.
Bitstamp, a fully-regulated company, offers users an intuitive interface and high levels of security for digital assets. It also provides excellent customer support and numerous withdrawal options.
Get CHZ today with Bitstamp
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