Key Takeaways
The SafePal crypto wallet’s SFP token has dropped over the last year, albeit with many ups and downs. Investors will be hoping that a series of new developments could stabilize or even boost the SFP price, pushing its market cap into the top 100 cryptos.
On March 6, 2025, SFP was worth about $0.606.
Let’s take a look at our SafePal price predictions, made on March 6, 2025. We will also examine SafePal’s price history and briefly discuss what SafePal is and what it does.
Let’s examine some of the SafePal price predictions made on February 27, 2024. It is crucial to remember that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate. Additionally, please remember that many long-term crypto price predictions are generated using algorithms, meaning they can change anytime.
Minimum SFP price prediction | Average SFP price prediction | Maximum SFP price prediction | |
---|---|---|---|
2025 | $0.16 | $0.20 | $0.24 |
2026 | $0.25 | $0.31 | $0.37 |
2030 | $0.19 | $0.24 | $0.29 |
Looking at the price movement since launch, the ongoing channel increase is likely wave B in an A-B-C correction. If that is the case, SFP has started wave C, which will cause a breakdown from the channel and take the price to a new all-time low.
Using a Fibonacci Time Zone tool on the duration of waves A and B suggests this downward movement could end in March 2026. If wave C has 0.618 times the length of wave C, the price will bottom at $0.095.
During this decline, the wave count method predicted an SFP price of $0.20 by the end of 2025.
Then, we will use the rate of decline for the past three years to make SFP price predictions for the end of 2025 and 2026.
SFP has fallen 33% since March 2022, and projecting this increase forward leads to targets of $0.31 and $0.24 for the end of 2026 and 2030, respectively.
The wave count method gives an SFP price prediction range between $0.16 and $0.24 for the end of 2025
The wave count method gives an SFP price prediction range between $0.25 and $0.37 for the end of 2025
The wave count method predicts an SFP price range between $0.19 and $0.29 by the end of 2030.
The weekly time frame chart shows that the SFP price has increased inside an ascending parallel channel since June 2022. These channels usually contain corrective movements, meaning that an eventual breakdown from them is likely.
Currently, the SFP price trades at the channel’s support trend line. Movement in the lower portion of the pattern makes it more likely that the price will break down.
In addition to this, technical indicators are bearish. The Relative Strength Index (RSI) and Moving Average Convergence/Divergence (MACD) are falling. The RSI is below 50, while the MACD is negative.
Therefore, the most likely future outlook is a breakdown from the channel and a decline to $0.43.
The SFP price prediction for the next 24 hours is bearish. SFP will likely break down from its channel and move toward new lows.
The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days. A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.
Since ATR values can be higher for higher-priced assets, normalize ATR by dividing it by the asset price to compare volatility across different price levels.
On March 6, 2025, SafePal’s ATR was 0.314, suggesting low volatility.
The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.
Movements above and below the 50 line also indicate if the trend is bullish or bearish.
On March 6, 2025, the SafePal RSI was 42, indicating somewhat bearish conditions.
The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.
Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.
The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.
However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes.
The same principle applies to rapid declines: a sudden drop will spike the score downward, but the score will slowly adjust back up as volatility decreases.
On March 6, 2025, SafePal scored 28.4 on the CCN Index, suggesting weak momentum.
SafePal is a wallet token and a Binance Launchpad project, so let’s compare its process with that of other similar cryptos.
We looked at the SafePal price history and found the best times to buy SFP.
Day of the Week | Tuesday |
Week | 42 |
Month | March |
Quarter | Fourth |
Now, let’s examine some of the key days in the SafePal price history . While we should never take past performance as an indicator of future results, knowing what the token has achieved can provide us with some very useful context if we want to make or interpret an SFP SafePal price prediction.
Time period | SFP price |
---|---|
Last week (Feb. 27, 2025) | $0.6359 |
Last month (Feb. 6, 2025) | $0.649 |
Three months ago (Dec. 6, 2024) | $0.855 |
Last year (March 6, 2024) | $0.77 |
Launch price (Feb. 9, 2021) | $1.28 |
All-time high (Feb. 9, 2021) | $4.39 |
All-time low (June 14, 2022) | $0.2674 |
The market capitalization, or market cap, is the sum of the total number of SFP in circulation multiplied by its price.
On March 6, 2025, SafePal’s market cap was $303 million, making it the 154th-largest crypto by that metric.
On March 6, 2025, a wallet linked to the Binance exchange held more than 60% of the SFP supply.
As of March ,6 2025, the five wallets with the most SFP were:
Supply and distribution | Figures |
---|---|
Maximum Supply | 500,000,000 |
Circulating supply (as of March 6, 2025) | 500,000,000 |
Holder distribution | Top 10 holders owned 99.94% of the supply as of March 6, 2025 |
In its technical documentation or whitepaper , SafePal says it aims to be the first ever crypto wallet platform to allow people to utilize asset management solutions.
It says: “Our core mission is to empower investors toward financial opportunity and freedom in the decentralized world.”
SafePal is a platform that supports a series of crypto wallets. Crypto entrepreneur Veronica Wong founded SafePal in 2018. The system offers hardware and software wallets, allowing people to store their crypto safely and securely. SafePal launched its eponymous crypto token in early 2021.
SafePal is based on the Binance (BNB) blockchain. Users who hold crypto in a SafePal wallet can manage their money using an app.
SafePal consists of a series of pillars. These are
SFP gives people discounts on wallets and transactions. Holders can also propose and vote on changes to the network and buy, sell, and trade SFP on exchanges.
One thing to remember is that because Safepal is based on the Binance blockchain, it is a token, not a coin. You might see references to SafePal coin price predictions, but these are wrong.
It is hard to say. SafePal has been very volatile over the last year and is still far from the heights it enjoyed in 2021. Not only that, but its high holder concentration could cause some concerns.
As always with crypto, you should do your own research before deciding whether or not to invest in SFP.
No one can really tell right now. While the SafePal crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up.
Before you decide whether or not to invest in SafePal, you will have to do your own research, not only on SFP but other related coins and tokens such as SAFE. Either way, you must also ensure you never invest more money than you can afford to lose.
Technical analysis by Valdrin Tahiri.
This looks unlikely to happen before the 2030s, if ever, according to our price predictions, based on technical analysis.
SFP holders can vote on changes to the SafePal network. People can also buy, sell, and trade the crypto on exchanges.