SafeMoon and Litecoin: Litecoin remains below 70.00
<div><img width="750" height="430" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2020/07/Litecoin-Set-MimbleWimble-in-a-Mid-September-Testnet-Launch-Finance-Brokerage.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Litecoin Set MimbleWimble in a Mid-September Testnet Launch – Finance" decoding="async" loading="lazy" /></div><h1><b>SafeMoon and Litecoin: Litecoin remains below 70.00</b></h1>
<ul>
<li aria-level="1">The price of SafeMoon continues the bullish consolidation from last week, forming a new high at the 0.0001984 level.</li>
<li aria-level="1">On Friday, the price of Litecoin fell to the 66.00 level.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>The price of SafeMoon continues the bullish consolidation from last week, forming a new high at the 0.0001984 level. The price encounters resistance there and pulls back to support at the 0.0001900 level.</p>
<p>From that level, we start a new positive consolidation and form this morning’s high at the 0.0001960 level. We then pull back to new support at the 0.0001915 level, expecting to initiate a <a href="https://www.financebrokerage.com/bitcoin-and-ethereum-btc-and-new-bullish-consolidation/">bullish consolidation</a> from that position and see SafeMoon’s price recover.</p>
<p>Potential higher targets are 0.0002000 and 0.0002050 levels. For a bearish option, we need a negative consolidation and pullback below the 0.0001900 level. A break below this support would see the price continue its retreat towards the EMA50 moving average. Potential lower targets are the 0.0001850 and 0.0001800 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-236944 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/10/yC1dQ9q7-1024×620.jpg" alt="SafeMoon chart analysis" width="1024" height="620" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>On Friday, the price of Litecoin fell to the 66.00 level. After that, we see a bullish consolidation that has been going on for four days. An hour ago, the price rose to the 70.50 level and thus formed a six-day high price.</p>
<p>From that level, we see a slight pullback to 69.35, and we expect the pullback to stop in the zone around the $69.00 level. If we succeed in this, Litecoin could start a new bullish consolidation and climb again above the 70.00 level.</p>
<p>Potential higher targets are 71.00 and 72.00 levels. For a bearish option, we need a negative consolidation and pullback to the 68.00 support level. Additional support in that zone is the EMA50 moving average. A break below brings new pressure, and it is expected that we will see the price at lower levels. Potential lower targets are 67.00 and 66.00 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-236945 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/10/rtubhopW-1024×620.jpg" alt="Litecoin chart analysis" width="1024" height="620" /></p>
<p> </p>
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