Safe rises 5% with its market cap now close to $300 million

The SAFE cryptocurrency surged 5% recently, now approaching a market cap of $300 million. Positive EMA patterns suggest a potentially strong short-term outlook. However, RSI has balanced at 54.71 after being overbought, implying the need for consolidation.

SAFE’s BBTrend sits at 13.6, down from the peak of 19.39 yesterday. This suggests a slowing bullish momentum and possible consolidation. If upward momentum continues, SAFE might test resistance levels at $0.72.