- SafeMoon’s value continues the bearish development to the 0.0001300 degree.
- The Litecoin value slipped to $57.64 yesterday, forming a brand new decrease low.
SafeMoon chart evaluation
SafeMoon’s value continues the bearish development to the 0.0001300 degree. We’ve got shaped a brand new low, and there are nice probabilities to see a continuation of the bearish aspect and the formation of a brand new low. Potential decrease targets are the 0.0001280 and 0.0001260 ranges.
We want a constructive consolidation and stabilization above the 0.0001320 degree. After that, we may anticipate to see the worth recuperate and climb greater. Potential greater targets are 0.0001340 and 0.0001360 ranges. We may have extra resistance within the EMA50 shifting common at 0.0001380.
Litecoin chart evaluation
The Litecoin value slipped to $57.64 yesterday, forming a brand new decrease low. We stayed down there for a short while, and the worth began a brand new bullish consolidation that introduced us again above the $60.00 degree. Litecoin is now advancing in the direction of the $61.00 degree, and we may see a continuation to the bullish aspect and additional value restoration. Potential greater targets are $62.00 and $64.00 ranges. Within the zone across the $62.00 degree, we encounter the EMA50 shifting common.
We want a unfavorable consolidation and a brand new value pullback to the $58.00 degree for a bearish choice. Beneath, we’d be underneath strain to make a breakout under and set off an extra pullback in Litecoin. Potential decrease targets are $57.00 and $56.00 ranges.
BONUS VIDEO: Weekly information abstract from the markets
