Connect with us

Hi, what are you looking for?

Alive Business PlanAlive Business Plan

Economy

SafeMoon and Litecoin: Litecoin up to $68.80 yesterday

SafeMoon and Litecoin: Litecoin up to $68.80 yesterday

SafeMoon’s price continues last week’s bullish consolidation.
Litecoin jumped to the $68.82 level at the beginning of this week.

SafeMoon chart analysis

SafeMoon’s price continues last week’s bullish consolidation. This week, for now, our resistance is at the 0.0001400 level. The positive for SafeMoon is that we see a higher low forming, and the EMA50 moving average is slowly climbing. We are currently in a bearish consolidation and have pulled back to the 0.0001360 level. If the pressure continues, the price could slip to 0.0001340 and look for support at the EMA50 moving average there. Potential lower targets are the 0.0001320 and 0.0001300 levels.

We need a positive consolidation and a move to the 0.0001380 level for a bullish option. Then, we need to hold on to that in order to form a new bottom from which to start further recovery. Potential higher targets are the 0.0001400 and 0.0001420 levels.

Litecoin chart analysis

Litecoin jumped to the $68.82 level at the beginning of this week. The price encounters resistance there and begins to retreat, and we get support at the $65.15 level. We start a positive consolidation from that level and return to the 67.00 level. Additional support is provided by the EMA50 moving average in the zone around the $65.75 level. In the last few hours, we again saw pressure on the price and a slight bearish consolidation up to $66.20.

We could retest the EMA50 moving average and the $65.75 level. Potential lower targets are $65.50 and $65.00 levels. We need a positive consolidation and a return above the $67.00 level for a bullish option. Then, we need to maintain ourselves above so we can start from there and continue the recovery. Potential higher targets are $67.50 and $68.00 levels.

The post SafeMoon and Litecoin: Litecoin up to $68.80 yesterday appeared first on FinanceBrokerage.

Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    You May Also Like

    Editor's Pick

    Overview The world of business technology has evolved. Driven by the shift towards distributed work and cloud application delivery, enterprise infrastructure is undergoing a...

    Latest News

    Donald Trump’s defense attorneys Wednesday asked the federal judge handling the government’s classified documents case to allow the former president and his legal team...

    Economy

    Bitcoin Rebounds to $69,000 Quick Look Bitcoin rebounds to $69,000, influenced by optimistic FR statements and anticipation of the halving event. FR officials’ comments...

    Economy

    0xDistro ICO (DISTRO) is Live. What does it offer? In the world of decentralized finance, 0xDistro emerges as a promising project. It presented itself...



    Disclaimer: alivebusinessplan.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 alivebusinessplan.com