Economy

SafeMoon and Litecoin: Litecoin still around 65.00 level 

SafeMoon and Litecoin: Litecoin still around 65.00 level 

SafeMoon price is recovering slightly and consolidating above the 0.0001450 level.
The price of Litecoin remains in the zone around the 65.00 level.

SafeMoon chart analysis

The price of SafeMoon is recovering slightly and consolidating above the 0.0001450 level. We could expect to see a continuation of the bullish movement and a move towards the 0.0001480 level. If we were to succeed in that intention, then we need to try to maintain up there in order to continue towards the 0.0001500 level. We have additional pressure at that level in the EMA50 moving average. Potential higher targets are the 0.0001520 and 0.0001540 levels.

We need a negative consolidation and a pullback to the 0.0001400 support level for a bearish option. A fall below this level would be a clear sign of continuation to the bearish side. Potential lower targets are the 0.0001380 and 0.0001360 levels.

Litecoin chart analysis

The price of Litecoin remains in the zone around the 65.00 level. We managed to climb above the 66.00 level but quickly pulled back to the 65.00 support level. Now, we need a new positive consolidation that would create a new impulse to move the price up more concretely. Potential higher targets are 68.00 and 70.00 levels. We have an additional bullish option in the EMA50 moving average around 68.00 levels.

We need a negative consolidation and pullback to the 64.00 level for a bearish option. A break below would mean a potential continuation of the pullback and confirmation of a bearish option. Potential lower targets are 62.00 and 60.00 levels.

The post SafeMoon and Litecoin: Litecoin still around 65.00 level  appeared first on FinanceBrokerage.

You May Also Like

Editor's Pick

ERP or Enterprise Resource Planning solutions help businesses of all sizes manage their daily business operations. First used in the 1990s, ERP systems have...

Investing

Democratic Gov. Janet Mills on Wednesday vetoed a bill aimed at prohibiting foreign influence in Maine elections, but voters will get the final say...

Latest News

There were several reasons offered in support of the congestion pricing plan that was supposed to go into effect in New York at the...

Latest News

House Speaker Mike Johnson (R-La.) on Wednesday appointed Reps. Scott Perry (R-Pa.) and Ronny Jackson (R-Tex.), two Trump loyalists who denied the results of...

Disclaimer: realinvestmentstar.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2024 realinvestmentstar.com