SafeMoon and Litecoin: Litecoin is back above 105.00

<div><img width="1200" height="665" src="https://www.financebrokerage.com/wp-content/uploads/2023/07/My_project-1_8.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="SafeMoon 1" decoding="async" loading="lazy" /></div><h1><b>SafeMoon and Litecoin: Litecoin is back above 105.00</b></h1>
<ul>
<li aria-level="1">SafeMoon’s price dropped to support at the 0.0001760 level yesterday.</li>
<li aria-level="1">Litecoin’s price dropped to the 98.00 support level yesterday.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>SafeMoon’s price dropped to support at the 0.0001760 level yesterday. After which, we see the start of a recovery and today’s return above the 0.0001800 level. The price has returned above the EMA50 moving average, which could positively affect the trend’s further movement.</p>
<p>Potential higher targets are the 0.0001840 and 0.0001860 levels. By crossing above the 0.0001860 level, SafeMoon could start a stronger bullish trend, at least until the end of this month. We need a negative <a href="https://www.financebrokerage.com/consolidation-in-stocks/">consolidation</a> and pullback to the 0.0001760 support level for a bearish option. A price break below would indicate a potential further pullback, and the lower targets are the 0.0001740 and 0.0001720 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-210186 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/07/fZ2kR6Xl-1024×634.jpg" alt="SafeMoon chart analysis" width="1024" height="634" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>Litecoin’s price dropped to the 98.00 support level yesterday. We can say that the price thus tested the EMA50 moving average and the 100.00 level. A rapid consolidation followed and a return above the 100.00 level. We are now already above the 105.00 level and could see a continuation of the recovery today. Potential higher targets are 108.00 and 110.00 levels.</p>
<p>We still remain in the stable bullish trend that started in mid-June. We need a negative consolidation and a new drop below the 100.00 level for a bearish option. After that, we could expect to see the formation of a new low, which is a sign of the weakening of the price of Litecoin and the continuation of the retreat. Potential lower targets are 98.00 and 96.00 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-210189 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/07/oVzYjmoy-1024×634.jpg" alt="Litecoin chart analysis" width="1024" height="634" /></p>
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