- SafeMoon continues to drag again from yesterday’s excessive on the 0.0001920 stage.
- The value of Litecoin pulled again to 103.00 this morning, the place it in a short time discovered assist and began a bullish impulse.
SafeMoon chart evaluation
SafeMoon continues to drag again from yesterday’s excessive on the 0.0001920 stage. This morning we noticed a break beneath the EMA50 shifting common, which might additional weigh on Safemoon’s worth and ship it to earlier decrease assist ranges. Potential decrease targets are the 0.0001750 and 0.0001700 ranges.
We want a brand new constructive consolidation and worth return above the 0.0001850 stage for a bullish possibility. Then we have to maintain up there and consolidate earlier than persevering with to the bullish aspect. We might additionally get assist on the EMA50 shifting common, which might give a tailwind to SafeMoon’s worth. Potential greater targets are the 0.0001900 and 0.0001950 ranges.
Litecoin chart evaluation
The value of Litecoin pulled again to 103.00 this morning, the place it in a short time discovered assist and began a bullish impulse. Now we’re already above the 106.00 stage and on our strategy to the 110.00 stage. After that, we’d discover ourselves in yesterday’s resistance zone and wish a break above for a bullish continuation. Potential greater targets are 112.00 and 114.00 ranges.
We want a unfavourable consolidation and pullback to the 102.00 assist stage for a bearish possibility. We’ve got further assist at that stage within the EMA50 shifting common. A break beneath would imply a doable additional worth pullback and fall to earlier assist ranges. Potential decrease targets are 100.00 and 98.00 ranges.
BONUS VIDEO: Weekly information abstract from the markets
