Connect with us

Hi, what are you looking for?

The Freedom RightThe Freedom Right


SafeMoon and Litecoin: Litecoin is holding around 70.00

SafeMoon and Litecoin: Litecoin is holding around 70.00

Early this morning, the price of SafeMoon climbed to a new high at the 0.0001914 level. 
The Litecoin price managed to hold above the $68.00 level.

SafeMoon chart analysis

Early this morning, the price of SafeMoon climbed to a new high at the 0.0001914 level. After that, we see a pullback to support at the 0.0001835 level. We have support there for now, and we need a new positive consolidation in order to move to the bullish side again.

Then, we would have to move above the previous high, which would affect the formation of a new higher high. Potential higher targets are the 0.0001950 and 0.0002000 levels.

We would have to go down to the 0.0001800 support level for a bearish option. Then, we would need a break below it, and that would mean that there is an increase in bearish pressure and a fall in the price of SafeMoon.

Potential lower targets are the 0.0001750 and 0.0001700 levels. The EMA50 moving average is in the zone around 0.0001650 levels.

Litecoin chart analysis

The Litecoin price managed to hold above the $68.00 level. For two days, we had pressure in that zone and the price managed to stay above it. The previous bullish consolidation managed to move Litecoin above the $70.00 level.

Yesterday, we had resistance in that zone, and today, we could see a break above and the formation of today’s new high price. Potential higher targets are $71.00 and $72.00 levels.

For a bearish option, we need a negative consolidation and pullback to support at the $68.00 level. A break below would show that the price has no strength to recover, and we will see a deeper pullback.

Potential lower targets are $67.00 and $66.00 levels. The price would have additional support in the EMA50 moving average in the zone around the $67.00 level.


The post SafeMoon and Litecoin: Litecoin is holding around 70.00 appeared first on FinanceBrokerage.

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like


    Vermont Sen. Bernie Sanders, 81, defended President Biden, 80, against voter critiques that he lacks the energy and vigor to continue leading the United...

    Editor's Pick

    By the IoT Analytics team. A new report from IoT Analytics highlights eight notable trends helping to advance and promote digital twins. Four of...


    A second delivery driver has died in Texas amid record-high temperatures, just as the regulation of workplace heat safety enters a new legal limbo...


    Political advisers to both President Biden and Vice President Harris were reportedly annoyed with Democrat California Gov. Gavin Newsom over a planned debate with...

    Disclaimer:, 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 © 2020-2024 The Freedom Right. All Rights Reserved