Connect with us

Hi, what are you looking for?

The Freedom RightThe Freedom Right

Economy

SafeMoon and Litecoin: Litecoin remains below the 63.50

SafeMoon and Litecoin: Litecoin remains below the 63.50

Today, we see more concrete pressure on SafeMoon’s price at 0.0001380.
Litecoin price remains under pressure at 62.50 level support.

SafeMoon chart analysis

Today, we see more concrete pressure on SafeMoon’s price at 0.0001380. A new low was formed at the 0.0001383 level, and now we are moving around the 0.0001400 level. It is very possible that we will see a further pullback and the formation of a new low. Potential lower targets are 0.0001360 and 0.0001340 levels.

We need a positive consolidation and a hawk to the 0.0001440 level for a bullish option. There, we would test the EMA50 moving average, and we would need a break above for further recovery in the price of SafeMoon. We would also get support in the EMA50, which should have a positive effect on the trend. Potential higher targets are 0.0001460 and 0.0001480 levels.

Litecoin chart analysis

Litecoin price remains under pressure at 62.50 level support. In the previous few hours, we saw a shorter bullish consolidation and a move up to the 63.00 level. We now need a continuation of this consolidation in order to climb to higher levels on the chart. Potential higher targets are 63.50 and 64.00 levels. We could have additional pressure in the zone around 64.00 levels in the EMA50 moving average.

We need negative consolidation and pullback prices below the 62.50 level for a bearish option. After that, we would be able to test the 62.00 support level. A price break below would mean the bearish trend continues, and the potential lower targets are 61.50 and 61.00.

 

The post SafeMoon and Litecoin: Litecoin remains below the 63.50 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

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

    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...

    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