- The value of SafeMoon climbed to a brand new excessive this yr at 0.00005249 degree on Sunday.
- Litecoin value retreated to 61.10 ranges on Monday.
SafeMoon chart evaluation
The value of SafeMoon climbed to a brand new excessive this yr at 0.00005249 degree on Sunday. This was adopted by a bearish consolidation and a drop yesterday to the 0.00004208 degree. We discover assist in that zone and provoke a restoration that takes us above the EMA50 shifting common to the 0.00004700 degree. We failed to carry in that zone, and a pullback to the 0.00004500 degree adopted. If the present bearish stress continues, we may drop to a brand new each day low.
Potential decrease targets are the 0.00004400 and 0.00004300 ranges. For a bullish choice, we have to transfer above the 0.00004800 degree. Then, now we have to carry above there with a purpose to kind a backside from which we transfer into additional development on the bullish facet. Potential greater targets are the 0.00004900 and 0.00005000 ranges.
Litecoin chart evaluation
Litecoin value retreated to 61.10 ranges on Monday. That is the place we fashioned this week’s low and received assist for beginning a bullish choice. That bullish consolidation took us this morning to 68.44 ranges and above the EMA50 shifting common. We failed to carry above there, and a pullback to the 66.00 degree adopted. The value is now below stress to start out an additional pullback and kind a brand new each day low.
Potential decrease targets are 65.00 and 64.00 ranges. We must return above the EMA50 and 68.00 ranges for a bullish choice. Then now we have to keep up above these ranges. If we handle to try this, we will likely be in place to proceed upwards. Potential greater targets are 69.00 and 70.00 ranges.
