SafeMoon and Litecoin: Litecoin breaks above $63.00


  • SafeMoon value is pulling again after this morning’s try to interrupt the 0.0001330 stage.
  • The Litecoin value broke above the $60.00 stage yesterday and initiated a bullish consolidation.

SafeMoon chart evaluation

SafeMoon value is pulling again after this morning’s try to interrupt the 0.0001330 stage. We at the moment are searching for assist on the 0.0001290 stage. At present’s bearish stress may result in continued pullbacks and testing of earlier assist ranges. Potential decrease targets are the 0.0001270 and 0.0001250 ranges.

We’d like a constructive consolidation and a brand new soar to the 0.0001330 stage for a bullish possibility. Then we’d like a breakthrough beneath that stage and to attempt to maintain above there as a way to stabilize there. With a brand new impulse, we may begin an extra restoration on the bullish aspect. Potential larger targets are the 0.0001340 and 0.0001350 ranges. The EMa50 transferring common awaits us within the zone round 0.0001360 ranges.

SafeMoon Chart Analysis

Litecoin chart evaluation

The Litecoin value broke above the $60.00 stage yesterday and initiated a bullish consolidation. This morning, we noticed the formation of a brand new excessive at $63.10, and for now, now we have resistance at that stage. The worth then pulled again to $62.00, the place it discovered new assist and turned to the upside once more. We’re at the moment at $62.50 and will count on to see a continuation of the bullish consolidation. Potential larger targets are $63.50 and $64.00 ranges.

We’d like a detrimental consolidation and value pullback beneath the $62.00 assist stage for a bearish possibility. Further assist in that zone is the EMA50 transferring common, and with a breakout beneath, we might verify the bearish situation. Potential decrease targets are the $61.00 and $60.00 earlier assist ranges.

Litecoin chart analysis

 

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