Should I buy SafePal (SFP) in April 2022?

SafePal (SFP) was one of the best performers on the cryptocurrency market in the last two days, and the price of this cryptocurrency has advanced from $0.85 to $1.37 in less than forty-eight hours

The current price stands at $1, and if you decide to buy SFP in the upcoming days, you should always use a “stop-loss” order because the risk remains high.

Hardware wallet that aims to make crypto secure

SafePal is a hardware wallet that aims to make crypto secure and simple for everyone. SafePal enables its users to trade, manage, swap, and grow their crypto wealth without compromising asset security.

This project was established in 2018 by a group of experts with more than 15 years of experience in hardware, software and cybersecurity.

SafePal is designed for massive crypto users, and it provides reliable wallet solutions, solving their real pain points in day-to-day crypto management.

With advanced security and a user-oriented spirit, SafePal has not only the most secure but also the easiest-to-use wallet for the crypto masses.

SafePal currently serves more than three million users from more than 196 countries, and it is the first hardware wallet invested and backed by Binance.

It supports more than 10K+ cryptocurrencies, while the three main products of this project are  SafePal S1, SafePal Cypher and SafePal Leather Case.

SafePal S1 hardware wallet has self-destruct mechanism, and it is always secure and protected wherever you go. It has the size of a credit card, and it supports 33 blockchains and 30,000+ tokens.

SafePal Cypher is designed for convenient storage, and it is fully resistant to water, salt and acid. SafePal Cypher is made of premium 304-grade stainless steel, and it is compatible with any hardware or software BIP39 wallet.

SafePal (SFP) has exploded in the last trading days of March, and if you decide to buy this cryptocurrency in April, you should use a “stop-loss” order because the risk remains high. The daily volume of SFP remains high, but technically looking, the risk of further decline still persists

$0.80 represents strong support

SafePal (SFP) has been one of the best performers on the cryptocurrency market this trading week, and the price of this cryptocurrency reached levels above $1.3 this Thursday.

Data source: tradingview.com

SafePal (SFP) weakened from the recent highs, but if the price jumps above $1.4 resistance, it would be a signal to trade SFP. The next price target could be at $1.6 or even above; still, if the price falls below $0.8 support, it would be a strong “sell” signal.

Summary

SafePal is a hardware wallet that enables its users to trade, manage, swap, and grow their crypto wealth without compromising asset security. SafePal (SFP) has exploded in the last trading days of March, and if you decide to buy this cryptocurrency in April, you should use a “stop-loss” order because the risk remains high.

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