- Early this morning, the value of SafeMoon climbed to a brand new excessive on the 0.0001914 stage.
- The Litecoin value managed to carry above the $68.00 stage.
SafeMoon chart evaluation
Early this morning, the value of SafeMoon climbed to a brand new excessive on the 0.0001914 stage. After that, we see a pullback to assist on the 0.0001835 stage. We now have assist there for now, and we want a brand new optimistic consolidation with a view to transfer to the bullish facet once more.
Then, we must transfer above the earlier excessive, which might have an effect on the formation of a brand new larger excessive. Potential larger targets are the 0.0001950 and 0.0002000 ranges.
We must go right down to the 0.0001800 assist stage for a bearish choice. Then, we would want a break beneath it, and that may imply that there’s a rise in bearish strain and a fall within the value of SafeMoon.
Potential decrease targets are the 0.0001750 and 0.0001700 ranges. The EMA50 transferring common is within the zone round 0.0001650 ranges.
Litecoin chart evaluation
The Litecoin value managed to carry above the $68.00 stage. For 2 days, we had strain in that zone and the value managed to remain above it. The earlier bullish consolidation managed to maneuver Litecoin above the $70.00 stage.
Yesterday, we had resistance in that zone, and at this time, we may see a break above and the formation of at this time’s new excessive value. Potential larger targets are $71.00 and $72.00 ranges.
For a bearish choice, we want a destructive consolidation and pullback to assist on the $68.00 stage. A break beneath would present that the value has no power to get better, and we’ll see a deeper pullback.
Potential decrease targets are $67.00 and $66.00 ranges. The value would have extra assist within the EMA50 transferring common within the zone across the $67.00 stage.
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