- The worth of SafeMoon is at the moment retreating from yesterday’s excessive.
- This week, the value of Litecoin is underneath stress under the $66.00 degree.
SafeMoon chart evaluation
The worth of SafeMoon is at the moment retreating from yesterday’s excessive. Nonetheless, we’ve discovered stable assist on the 0.00003100 degree and the EMA 200 shifting common. This could present a way of safety. If we will preserve this assist, it may sign the beginning of a brand new constructive consolidation above the 0.00003200 degree. Increased targets to control are 0.00003300 and 0.00003400 ranges.
Alternatively, a detrimental consolidation and a drop under the EMA 200 shifting common and the 0.00003100 degree may sign a bearish possibility. If this state of affairs unfolds, we could possibly be underneath stress to proceed the retreat. On the 0.00002960 degree, we’ll check the weekly open value and the assist from the start of the week. Decrease targets to think about are the 0.00002900 and 0.00002800 ranges.
Litecoin chart evaluation
This week, the value of Litecoin is underneath stress under the $66.00 degree. The EMA 200 shifting common gives extra resistance in that zone, rising the stress on the value. On the draw back, we now have assist from the EMA 50 shifting common, a key think about our evaluation, and we’ll see which line holds longer. With the impulse above, we go to a brand new weekly excessive and lengthen the bullish possibility, offering a complete view of the state of affairs.
Potential greater targets are $67.00 and $68.00 ranges. We’d like a detrimental consolidation and a drop under the $64.00 degree for a bearish possibility. With that, we go to a brand new each day low and ensure the bearish momentum. The worth may proceed to retreat in the direction of the weekly open value. Potential decrease targets are $63.00 and $62.00 ranges.
