Plus Wallet Maintains Top Spot in Decentralized Wallet Rankings as Bitget Bitget Merges BWB & BGB Tokens & SafePal Launches NFT Drive

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Dec 30 2024

Should l Buy SFP?

Bitget Token Unification: Bitget has unified its BWB and BGB tokens, making BGB the primary token for its trading platform and wallet services, aimed at enhancing ecosystem functionality and enabling real-world transactions starting in 2025.
Plus Wallet's Rapid Listings and Rewards: Plus Wallet stands out as a leading decentralized crypto wallet with a swift 15-minute token listing process, extensive user rewards, and community-driven features, ensuring users have significant control and security over their crypto assets.

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Technical Analysis for SFP

Technical Sentiment Analysis for SafePal (SFP) As of , SafePal (SFP) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SFP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, SFP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

SafePal (SFP) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.115	0.172	0.226	0.283	0.338	0.395	0.449
Fibonacci	0.172	0.214	0.241	0.283	0.326	0.352	0.395

About SFP

SafePal is a cryptocurrency wallet launched in 2018 that helps users to protect and grow their digital assets. SafePal provides hardware and software wallets, all paired and managed through the SafePal App and was the first hardware wallet invested in and backed by Binance.SafePal wallet supports numerous popular crypto-assets, in addition to popular tokens on the Ethereum, Binance Smart Chain (BSC) and TRON blockchains. Users can store, manage, swap, trade and grow their portfolio without compromising asset security, according to SafePal.Since its launch in 2018, SafePal has grown exponentially and has over 3,000,000 users in 196 countries globally. More information can be found in the SafePal Official Website.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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