- Through the weekend, the worth of SafeMoon managed to create a bullish impulse to the 0.00004000 stage.
- This morning, we noticed a concrete break of the Litecoin worth above the $70.00 stage, which resulted within the formation of a brand new excessive on the $73.53 stage.
SafeMoon chart evaluation
Through the weekend, the worth of SafeMoon managed to create a bullish impulse to the 0.00004000 stage. After that, the worth shortly returned to the preliminary place on the 0.00003200 stage. There, we get help from the EMA 200 shifting common and provoke a bullish consolidation that continues right now. The bullish image seems steady, and this morning, we noticed the worth leap to the 0.00003760 stage.
We count on to see additional progress in SafeMoon’s worth by the top of the week. Potential larger targets are 0.00003900 and 0.00004000 ranges. For a bearish possibility, we want a unfavourable consolidation and a drop beneath the 0.00003400 stage. With that, we drop beneath the weekly open worth and are near the EMA 200 shifting common. If the help doesn’t maintain this time, the worth might trigger a deeper pullback. Potential decrease targets are the 0.00003200 and 0.00003000 ranges.
Litecoin chart evaluation
This morning, we noticed a concrete break of the Litecoin worth above the $70.00 stage, which resulted within the formation of a brand new excessive on the $73.53 stage. The value misplaced momentum in that zone and initiated a pullback to the $71.00 stage. Right here, we meet the EMA 50 shifting common and hope for its help. If we handle to carry on, we’ll see the beginning of a brand new constructive consolidation. Potential larger targets are the $73.00 and $74.00 ranges.
For a bearish possibility, we want a unfavourable consolidation and a brand new pullback beneath the $70.00 stage. This brings us beneath the weekly open worth, which additional complicates the image for Litecoin. At $69.00, we might discover help within the EMA 200 shifting common. Potential decrease targets are the $68.00 and $67.00 ranges.
