Safemoon is holding above 0.0001850


  • SafeMoon’s value was in a pullback yesterday afternoon to the 0.0001700 help degree.
  • Litecoin’s value is struggling to remain above the $68.00 degree.

SafeMoon chart evaluation

SafeMoon’s value was in a pullback yesterday afternoon to the 0.0001700 help degree. At that degree, we get help, and we begin with a bullish consolidation that raises the value to the 0.0001850 degree. The present bullish impulse might push us to check the earlier excessive on the 0.0001865 degree. A breakthrough above can be of nice significance for additional restoration and the formation of a brand new excessive value. Potential greater targets are the 0.0001900 and 0.0001950 ranges.

We want a adverse consolidation and a brand new pullback to the 0.0001700 earlier help degree for a bearish choice. A break under would point out a rise in bearish strain and additional value pullback with the formation of a brand new decrease low. Potential decrease targets are the 0.0001650 and 0.0001600 ranges. Further help on the 0.0001600 degree is the EMA50 transferring common.

SafeMoon chart analysis

Litecoin chart evaluation

Litecoin’s value is struggling to remain above the $68.00 degree. Yesterday, we already discovered ourselves on this help zone as soon as and managed to create a bullish consolidation as much as the $70.50 degree. At that degree, we encounter resistance, bringing us again to testing the $68.00 degree. If we had been to see a break under, it will imply that the bearish facet is opening for us.

Potential decrease targets are $67.00 and $66.00 ranges. Now we have extra help on the $66.00 degree within the EMA50 transferring common. We want a constructive consolidation and value motion above the $70.00 degree for a bullish choice. Then, we must maintain above there in an effort to provoke additional constructive consolidation from there. Potential greater targets are $71.00 and $72.00 ranges.

Litecoin chart analysis

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