Connect with us

Hi, what are you looking for?

Deluxe Investment Group – Investing and Stock NewsDeluxe Investment Group – Investing and Stock News

Economy

SafeMoon and Litecoin: Litecoin remains below the 98.00

SafeMoon and Litecoin: Litecoin remains below the 98.00

SafeMoon’s price is in a slight bullish consolidation from yesterday’s low of 0.0001600.
Litecoin price is recovering from yesterday’s pullback to the 92.00 level.

SafeMoon chart analysis

SafeMoon’s price is in a slight bullish consolidation from yesterday’s low of 0.0001600. Today’s price high is the 0.0001850 level, and we need a break above for further continuation to the bullish side. Potential higher targets are the 0.0001900 and 0.0001950 levels.

For a bearish option, we need a negative consolidation and price pullback to the 0.0001800 level. Additional support at that level is in the EMA50 moving average. A break below it would increase the bearish pressure, and this would lead to further withdrawal of SafeMoon’s price. Potential lower targets are the 0.0001750 and 0.0001170 levels. In the zone around the 0.0001170 level, SafeMoon could find new support and initiate another bullish consolidation.

Litecoin chart analysis

Litecoin price is recovering from yesterday’s pullback to the 92.00 level. We have resistance to further bullish progress at the 98.00 level and the EMA50 moving average. We need a break above to get support from the EMA50 moving average. If we could do that, Litecoin could continue its recovery. Potential higher targets are 100.00 and 102.00 levels.

For a bearish option, we need a negative consolidation and pullback below the 96.00 level. After that, the price should continue to the bearish side. Potential lower targets are 94.00 and 92.00 levels. A fall below these levels would return us to the June movement zone.

 

The post SafeMoon and Litecoin: Litecoin remains below the 98.00 appeared first on FinanceBrokerage.

Enter Your Information Below To Receive Latest News, And Articles.



    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    Florida Gov. Ron DeSantis (R) needs a massive infusion of cash in the next two months of the Republican presidential primary race to help...

    Editor's Pick

    ERP or Enterprise Resource Planning solutions help businesses of all sizes manage their daily business operations. First used in the 1990s, ERP systems have...

    Latest News

    The United States could be on track for a Joe Biden-Donald Trump rematch in 2024, but it’s the president’s son Hunter Biden who earned...

    Latest News

    A week ago, a Jan. 6 defendant was arrested near Barack Obama’s in D.C. with what the government says was a machete, two guns...

    Disclaimer: Deluxeinvestmentgroup.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 deluxeinvestmentgroup.com