SafeMoon and Litecoin: Litecoin continues towards  68.00

<div><img width="750" height="430" src="https://www.financebrokerage.com/wp-content/uploads/2020/04/Litecoin-Price-Declines-But-Bulls-Is-Holding-the-Line-at-40-Finance-Brokerage.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Litecoin Price Declines But Bulls Is Holding the Line at $40 – Finance Brokerage" decoding="async" loading="lazy" /></div><h1><b>SafeMoon and Litecoin: Litecoin continues towards  68.00</b></h1>
<ul>
<li aria-level="1">The price of SafeMoon pulled back to support at the 0.0001480 level this morning.</li>
<li aria-level="1">The Litecoin price managed to consolidate at the 66.00 level and gain support there.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>The price of SafeMoon pulled back to support at the 0.0001480 level this morning. Yesterday, we saw a strong <a href="https://www.financebrokerage.com/eurusd-and-gbpusd-euro-triggers-a-new-bullish-impulse/">bullish impulse</a> that pushed SafeMoon&#8217;s price to the 0.0001560 level, followed by a pullback to the previous low. Now, we see a new positive consolidation and price return above the 0.0001500 level. Now, we need to hold on here in order to start further recovery with a new impulse. Potential higher targets at 0.0001575 and 0.0001600 levels.</p>
<p>We need a negative consolidation and a new pullback to the 0.0001450 level for a bearish option. A break below would mean that the price has no strength to recover, and we will see further weakening and decline. Potential lower targets are the 0.0001425 and 0.0001400 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-222526 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/dJaTaH9J-1024×619.jpg" alt="SafeMoon Chart Analysis" width="1024" height="619" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>The Litecoin price managed to consolidate at the 66.00 level and gain support there. After that, we see a bullish consolidation and a war to the current 67.90 level. We are very close to climbing above 68.00, thereby confirming the bullish trend. Potential higher targets are 70.00 and 72.00 levels.</p>
<p>We need a negative consolidation and price pullback below the 66.00 support level for a bearish option. That way, we would move to the bearish side. We would have additional pressure in the EMA50 moving average. Potential lower targets are 64.00 and 62.00 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-222528 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/Wbt2WoGG-1024×619.jpg" alt="Litecoin chart analysis" width="1024" height="619" /></p>
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