- The worth of SafeMoon was fairly calm final week, shifting within the 0.00002300-0.00002800 vary
- On Tuesday, the value of Litecoin rose to $67.81, a brand new weekly excessive
SafeMoon chart evaluation
The worth of SafeMoon was fairly calm final week, shifting within the 0.00002300-0.00002800 vary. The worth pulled again over the weekend to the decrease help zone. After efficiently testing the help zone, a brand new bullish consolidation was initiated. SafeMoon good points stronger momentum on Monday and surpasses the EMA 200 shifting common. This morning’s momentum pushed the value to the 0.00002850 stage.
Potential increased targets are 0.00002900 and 0.00003000 ranges. For a bearish choice, we want a adverse worth consolidation again to the EMA 200 and 0.00002650. Then, the value must drop beneath into adverse territory. With that step, the bearish stress will intensify, and we will anticipate to begin an additional retreat. Potential decrease targets are the 0.00002600 and 0.00002500 ranges. At 0.00002500, we are going to check the weekly open stage.
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Litecoin chart evaluation
On Tuesday, the value of Litecoin rose to $67.81, a brand new weekly excessive. After that, the value retreated barely to $66.50, the place it has new help. We at the moment are at $67.00 and beginning a bullish consolidation. If the momentum holds, we anticipate to see an additional restoration to $67.50. Up there, Litecoin is near testing the earlier excessive and persevering with to a brand new one. Potential increased targets are $68.00 and $68.50 ranges.
For a bearish choice, the value ought to fall beneath the $66.50 earlier help. It will type a brand new each day low and enhance bearish momentum. After that, the initiation of bearish consolidation stays to be seen. Potential decrease targets are $66.00 and $65.50 ranges. Further main help might be the EMA 200 shifting common within the $65.75 zone.
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