- The value of SafeMoon is holding regular above the EMA 200 shifting common this week
- This morning, the value of Litecoin was pressured to drag again to the $65.60 degree
SafeMoon chart evaluation
The value of SafeMoon is holding regular above the EMA 200 shifting common this week. On Monday, it climbed to the earlier weekly excessive at 0.00003890. This morning, we had a brand new bullish try, which was stopped on the 0.00003700 degree. After that, SafeMoon pulled again to new help on the 0.00003300 degree. Right here, we’ve help from the EMA 50 shifting common and count on a brand new bullish consolidation to be initiated.
Potential greater targets are 0.00003600 and 0.00003700 ranges. We’re additionally hoping for a soar above 0.00003700 to a brand new each day excessive. For a bearish possibility, we’d like a unfavorable consolidation and pullback to 0.00003200, the place the EMA 200 shifting common awaits us. That zone is crucial for the value as a result of if it falls beneath it, it should transfer to the bearish aspect. Potential decrease targets are the 0.00003100 and 0.00003000 ranges.
Litecoin chart evaluation
This morning, the value of Litecoin was pressured to drag again to the $65.60 degree. In a short time, we have been in a position to stabilize in that zone and get again above the EMA 200 shifting common and $66.00. The value initiated a brand new bullish consolidation as much as the $67.50 degree. Right here, we’re near testing yesterday’s excessive. Now, we have to keep right here in order that we’ve an opportunity to proceed our restoration.
Potential greater targets are the $68.00 and $68.50 ranges. For a bearish possibility, we’d like a brand new unfavorable consolidation of Litecoin. Taking place to $66.50, we pull again beneath the EMA 50 shifting common. There, we count on the bearish momentum to develop and proceed to $66.00 and the EMA 200 shifting common. This time, we’d like a break beneath to a brand new each day low. Potential decrease targets are the $65.50 and $65.00 ranges.
