- SafeMoon jumps to the 0.0002341 degree and thus kinds a two-week excessive.
- Litecoin worth continues the sideways consolidation that began final Thursday.
SafeMoon chart evaluation
SafeMoon jumps to the 0.0002341 degree and thus kinds a two-week excessive. This morning we noticed bullish momentum after per week of consolidation. The worth pulled again to the 0.0001850 degree, the place it discovered new help and began a brand new bullish impulse.
We are actually on the 0.0001950 degree, and we might count on to see a break above the 0.0002000 degree. For the continuation of the bullish pattern, it’s mandatory to keep up it up there earlier than persevering with to the bullish facet. Potential increased targets are the 0.0002100 and 0.0002200 ranges.
Litecoin chart evaluation
Litecoin worth continues the sideways consolidation that began final Thursday. The vary of motion is between 90.00-93.00 ranges. This morning we had a resistance take a look at at 93.00, adopted by a pullback to the 91.80 degree. Wanting on the total image for Could, we might count on to see continued progress and a brand new take a look at of the 95.00 degree.
Potential increased targets are 96.00 and 97.00 ranges. On the draw back, on the 90.00 degree, now we have extra help within the EMA50 transferring common. In the event that they had been to interrupt beneath, it might threaten additional progress, and we might possible see a pullback within the worth of Litecoin.
BONUS VIDEO: Weekly information abstract from the markets
