Connect with us

Hi, what are you looking for?

Economy

SafeMoon and Litecoin: Litecoin again below the 90.00

SafeMoon and Litecoin: Litecoin again below the 90.00

SafeMoon’s price continues its sideways consolidation today.
This morning, we saw the Litecoin price drop to the $88.00.

SafeMoon chart analysis

SafeMoon’s price continues its sideways consolidation today. Some time ago, we saw a bullish impulse to the 0.0001820 level. After that, a short pullback to support at the 0.0001800 level. And now, here we are, trying to get new support and continue on the bullish side. We have support in the EMA50 moving average, which gives us more confidence in further recovery. Potential higher targets are 0.0001840 and 0.0001860 levels.

We need a negative consolidation and a pullback of the SafeMoon price to the 0.0001740 level for a bearish option. Additional support here is the EMA50 moving average, and we need a break above for a bearish continuation. Potential lower targets are the 0.0001720 and 0.0001700 levels.

Litecoin chart analysis

This morning, we saw the Litecoin price drop to the $88.00. Litecoin manages to find support at that level and moves back up to the $90.00 level. We are currently consolidating in that zone and could expect to see a continuation to the bullish side. Potential higher targets are $91.00 and $92.00 levels. We have additional resistance at the $92.00 level in the EMA50 moving average.

We need a negative consolidation and a new pullback of the Litecoin price to the $88.00 level for a bearish option. Below, the price would be under a lot of pressure, and we could see a breakout below and the formation of a new low. Potential lower targets are $87.00 and $86.00 levels.

 

The post SafeMoon and Litecoin: Litecoin again below the 90.00 appeared first on FinanceBrokerage.

Enter Your Information Below To Receive Free Trading Ideas, 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

    Economy

    Gmatrixs ICO: Empowering Blockchain Game Development with New Solutions   The game industry has long recognized the importance of a robust game Publishing Platform,...

    Editor's Pick

    The Internet of Things (IoT) is becoming increasingly ubiquitous. Yet, with more devices connected, the opportunities for businesses to innovate and improve their operations...

    Economy

    Morpheus ICO: Streamlining Global Logistics with MRP Token Morpheus.Network, a pioneering blockchain-based platform, has set its sights on revolutionizing the logistics industry. The company...

    Latest News

    North Carolina Republicans say they are closing in on a state budget deal, with top House and Senate leaders acknowledging on Monday an income...

    Disclaimer: Greycardinalbussiness.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 Greycardinalbussiness.com