- Santos FC Fan Token price has gained 13.39% of its market cap in the last 24-hour period.
- The crypto asset is trading above 20, 50, 100, and 200-days Daily Moving Average.
- The pair of SANTOS/BTC is at 0.0001848 BTC with an intraday gain of 14.69%.
While Football club tokens have always divided fans, football’s legacy is continued by entering the cryptocurrency market. The crazy football world entered the crypto world and thrilled fans by introducing fan tokens of different football clubs. Santos FC is an eight-time national champion from the Brazilian city named Santos, one of the most victorious among the other soccer clubs. Santos FC is one of the clubs with its own cryptocurrency, SANTOS (Santos FC Fan Token).
The growth of the token is being showcased all over the crypto market due to the ongoing vote and a fresh listing, SANTOS is presently experiencing a bullish trend over the daily chart. However, many investors eradicated the thoughts of the token’s successful hike by putting allegations that this bullish trend may not last long.
Binance benefits the SANTOS FC Fan Token, but the prestigious football club has a great history, and Santos FC has carved many star players like Pele, Neymar, and Rodrygo.
SANTOS and Binance Beleza (Deal)
The Month of March resulted in the most successful of 2022 for fan token, as SANTOS witnessed its all-time high at $8.78. A recent tweet of Binance said that Fan token investors or contributors voted for whales to ride skateboards in a YouTube video.
Santos gained around 175% and reached a record high, but eventually lost these gains in the period of the last two months.
However, the fan token has recently registered a breakout. SANTOS investors are currently voting for a message to be written on the captain’s armband. Meanwhile, the SANTOS token was listed on the Binance US platform on 16th MAY 2022.
Santos FC Fan Token Price Prediction
Santos FC Fan token is gaining over the daily chart. The long-term view of the fan token by Fib Retracement suggests some interesting levels to be attained by SANTOS in the near future. Levels to be attained by SANTOS are $6.70, $10.00, and $15.00. The Santos FC Fan Token has the potential to climb to the $15.00 level in the coming time.
The price prediction of SANTOS Token for 2022 says that the fan token will average out at $7.31. This level is anticipated to increase to $10.39 in 2025 and may reach $25.05 in 2030.
SANTOS token price is presently CMP at $5.3 and has gained 13.39% of its market capitalization in the last 24-hour period. Trading volume has increased by 94.52% in the intraday trading session. The volume change shows that the bulls currently support the token. Volume to market cap ratio is 6.28.
Santos FC Fan Token: Technical Analysis
Technical indicators suggest that Santos FC Fan Token is just below the overbought territory. Relative Strength Index showcases that SANTOS is nearing the overvalued territory above neutrality. RSI is present at 64, and investors may witness any directional change as soon as RSI enters the overbought territory.
Supertrend indicators forecast that the SANTOS token has just adapted the uptrend momentum over the daily chart. For the time being, MACD also exhibits bullish momentum over SANTOS. The MACD line, after crossing the signal line upwards, results in a positive crossover.
Conclusion
The Month of March resulted in the most successful of 2022 for the fan token.
SANTOS token price is presently CMP at $5.3 and has gained 13.39% of its market capitalization in the last 24-hour period. The volume change shows that the bulls currently support the token. Technical indicators suggest that SANTOS is just below the overbought territory. SANTOS investors are pretty determined after knowing the exciting levels of the fan token and its potential.
Technical Levels
Support Levels: $3.00 and $1.70
Resistance Levels: $7.50 and $8.70
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational ideas only, and they do not establish the financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2022/05/21/santos-fc-fan-token-price-prediction-is-santos-a-champion-in-gaining/