Connect with us

Hi, what are you looking for?

The Freedom RightThe Freedom Right

Economy

SafeMoon and Litecoin: Litecoin remains at 63.00 today

SafeMoon and Litecoin: Litecoin remains at 63.00 today

The price of SafeMoon price dropped to 0.0001343 level yesterday.
Yesterday, Litecoin fell to 61.43 and formed a new lower low there.

SafeMoon chart analysis

The price of SafeMoon price dropped to 0.0001343 level yesterday. After that, we see a bullish impulse back to the 0.0001400 level. Now, we are currently holding in that zone, and we could see price recovery and return to the 0.0001420 level. If we could manage to stay there, we would be in a good position to continue with further recovery. Potential higher targets are 0.0001430 and 0.0001440 levels.

We need a negative consolidation and a drop to the 0.0001380 level for a bearish option. After that, we would be in a position to see continued pullbacks and price declines. Potential lower targets are the 0.0001370 and 0.0001360 levels.

Litecoin chart analysis

Yesterday, Litecoin fell to 61.43 and formed a new lower low there. After that, the price managed to recover to 63.30, where it encountered a new resistance. We then see a pullback to 63.00 and test that support level for now. If it holds, the price could initiate a bullish consolidation and recovery above the 63.50 level.

Potential higher targets are 64.00 and 64.50 levels. Additional pressure in the zone around 64.00 levels is in the EMA50 moving average. We need a negative consolidation and a price drop to the 62.50 support level for a bearish option. With a break below, we would see an increased push for the price to continue its pullback. Potential lower targets are 62.00 and 61.50 levels.

 

The post SafeMoon and Litecoin: Litecoin remains at 63.00 today 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

    Investing

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

    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...

    Investing

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

    Stock

    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...

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