SafeMoon and Litecoin: Litecoin is holding around 70.00

<div><img width="1200" height="665" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/07/My_project-1_6-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Safemoon chart 1" decoding="async" loading="lazy" /></div><h1><b>SafeMoon and Litecoin: Litecoin is holding around 70.00</b></h1>
<ul>
<li aria-level="1"><span>Early this morning, the price of SafeMoon climbed to a new high at the 0.0001914 level. </span></li>
<li aria-level="1"><span>The Litecoin price managed to hold above the $68.00 level.</span></li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p><span>Early this morning, the price of SafeMoon climbed to a new high at the 0.0001914 level. After that, we see a pullback to support at the 0.0001835 level. We have support there for now, and we need a new positive consolidation in order to move to the bullish side again. </span></p>
<p><span>Then, we would have to move above the previous high, which would affect the formation of a new higher high. Potential higher targets are the 0.0001950 and 0.0002000 levels.</span></p>
<p><span>We would have to go down to the 0.0001800 support level for a <a href="https://www.financebrokerage.com/what-is-a-bearish-engulfing-candle/">bearish</a> option. Then, we would need a break below it, and that would mean that there is an increase in bearish pressure and a fall in the price of SafeMoon. </span></p>
<p><span>Potential lower targets are the 0.0001750 and 0.0001700 levels. The EMA50 moving average is in the zone around 0.0001650 levels.</span></p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-235904 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/10/wEziSEPZ-1024×620.jpg" alt="SafeMoon chart analysis" width="1024" height="620" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p><span>The Litecoin price managed to hold above the $68.00 level. For two days, we had pressure in that zone and the price managed to stay above it. The previous bullish consolidation managed to move Litecoin above the $70.00 level. </span></p>
<p><span>Yesterday, we had resistance in that zone, and today, we could see a break above and the formation of today’s new high price. Potential higher targets are $71.00 and $72.00 levels.</span></p>
<p><span>For a bearish option, we need a negative consolidation and pullback to support at the $68.00 level. A break below would show that the price has no strength to recover, and we will see a deeper pullback. </span></p>
<p><span>Potential lower targets are $67.00 and $66.00 levels. The price would have additional support in the EMA50 moving average in the zone around the $67.00 level.</span></p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-235905 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/10/gJdEUQyd-1024×620.jpg" alt="Litecoin chart analysis" width="1024" height="620" /></p>
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