SAFE Price Jumps 76% With Upbit Listing, Eyes $2 This Week?

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The Safe (SAFE) token has surged dramatically following its recent listing on Upbit, one of South Korea’s largest and most influential cryptocurrency exchanges. In the past 24 hours, SAFE has seen its trading volume skyrocket by an astonishing 9,747.85%, coinciding with a robust 76% increase in price. This explosive momentum has reignited investor interest and sparked speculation: could SAFE reach the $2 milestone this week?

With growing market attention and strong technical indicators pointing upward, the Ethereum-based governance token is emerging as one of the most watched altcoins in the current market cycle.

Safe Token Breaks Key Resistance at $1

After a brief period of consolidation and sideways movement, Safe (SAFE) has decisively broken through the psychologically important $1 price level**. This breakout was backed by a massive surge in trading volume—reaching **$329.47 million in just 24 hours—signaling strong institutional and retail participation.

Over the past three months, SAFE has climbed approximately 167% from its all-time low of $0.6167, demonstrating resilience and growing confidence in the ecosystem. The momentum suggests that market sentiment has shifted from cautious to aggressively bullish.

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Technical Indicators Flash Green

On the 1-day (1D) chart, the Simple Moving Average (SMA) is trending upward, indicating sustained buying pressure and a healthy uptrend. The crossover of short-term SMAs above longer-term ones reinforces the bullish structure.

Even more telling is the behavior of the MACD (Moving Average Convergence Divergence) indicator. The green histogram has expanded sharply, while the MACD line has crossed above the signal line—classic signs of accelerating bullish momentum. Historically, such patterns have preceded further price appreciation in high-volatility altcoins like SAFE.

These technical signals suggest that the current rally is not just a flash in the pan but potentially the beginning of a broader upward movement.

What’s Next for SAFE Price? $1.89, Then $2?

With bullish momentum in full swing, traders are now eyeing key resistance levels that could define the next phase of SAFE’s price action.

Bullish Scenario: Targeting $2.40

If buying pressure continues and market conditions remain favorable, SAFE could retest its previous resistance at $1.89**. A sustained move above this level would likely open the door to **$2.00, a major psychological milestone.

Breaking past $2 could trigger a wave of FOMO (fear of missing out) buying, potentially pushing the price toward its next major resistance at **$2.40** over the coming weeks. This scenario would represent a new short-term high and validate the strength of the current uptrend.

Bearish Risks: Pullback to $1.45 or Lower

Of course, rapid price increases often come with increased volatility. If profit-taking accelerates or broader market sentiment turns negative, a correction is possible.

Initial support sits at $1.45**. A drop to this level would still keep SAFE within its bullish structure, especially if volume remains strong. However, a breakdown below $1.45 could signal weakening momentum and potentially lead to a retest of the $1.00** level—the very threshold it just broke.

Traders should watch for signs of exhaustion, such as declining volume on upswings or bearish candlestick patterns like shooting stars or evening stars.

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Why Is SAFE Gaining Momentum Now?

Several catalysts are converging to drive SAFE’s recent surge:

These fundamentals suggest that the rally isn't purely speculative—it's supported by actual ecosystem growth and increasing demand.

Frequently Asked Questions (FAQ)

Q: What is Safe (SAFE) crypto?
A: Safe (SAFE) is the governance token for SafeDAO, which oversees the development and operations of Safe Wallet—a secure, multi-signature wallet used by individuals, DAOs, and institutions across Ethereum and various Layer 2 networks.

Q: Why did SAFE price jump so sharply?
A: The surge was primarily triggered by SAFE’s listing on Upbit, which brought massive trading volume and renewed investor interest. Strong technical momentum and broader altcoin market strength also contributed.

Q: Is SAFE a good investment right now?
A: While past performance doesn’t guarantee future results, SAFE shows strong technical and fundamental support. Investors should assess their risk tolerance and consider dollar-cost averaging rather than making large entries during high volatility.

Q: What factors could cause SAFE to drop?
A: A broader market pullback, negative regulatory news, or failure to hold above $1.45 could lead to short-term declines. Additionally, profit-taking after a rapid rise may cause temporary corrections.

Q: Can SAFE reach $2 in 2025?
A: Reaching $2 is possible in the short term if bullish momentum holds. For sustained growth beyond that level, continued adoption of Safe Wallet and active governance participation will be key drivers.

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Final Outlook: Will SAFE Hit $2 This Week?

The path ahead for Safe (SAFE) looks promising. With strong technicals, a major exchange listing, and growing real-world utility, SAFE is well-positioned for further gains—if market sentiment remains positive.

While a move to $1.89–$2.00 is within reach this week, traders should remain cautious of overextension and monitor volume trends closely. A clean breakout above $1.89 with strong follow-through could set the stage for a run toward $2.40.

For long-term holders, the fundamentals of the Safe ecosystem—security, adoption, and decentralization—remain compelling. As Web3 infrastructure continues to evolve, projects like SafeDAO are likely to play an increasingly central role.

Whether you're trading short-term momentum or investing in blockchain infrastructure, SAFE is one altcoin worth watching closely in the days ahead.

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