SafeMoon and Litecoin: Litecoin is holding around 83.00

<div><img width="750" height="430" src="https://www.financebrokerage.com/wp-content/uploads/2020/07/Litecoin-Underperforms-Among-All-Top-Cryptos-in-4-Hour-Chart-Finance-Brokerage.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Litecoin Underperforms Among All Top Cryptos in 4-Hour Chart – Finance Brokerage" decoding="async" loading="lazy" /></div><h1><b>SafeMoon and Litecoin: Litecoin is holding around 83.00</b></h1>
<ul>
<li aria-level="1">SafeMoon remains below resistance at the 0.0001830 level.</li>
<li aria-level="1">The Litecoin price remained stable above the 83.00 level yesterday.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>SafeMoon remains below resistance at the 0.0001830 level. From there, we see a bearish impulse and pullback to the 0.0001780 support level. We are now very close to finding support in the EMA50 <a href="https://www.financebrokerage.com/moving-average-envelopes-how-to-use/">moving average</a> at the 0.0001770 level.</p>
<p>For a bullish option, we need a new positive consolidation. After that, we would have to stabilize above the 0.0001800 level and form a new bottom there, from which we will start the continuation of the recovery. Potential higher targets are 0.0001840 and 0.0001860 levels.</p>
<p>We need a negative consolidation and pullback below the EMA50 moving average and the 0.0001760 level for a bearish option. Potential lower targets are the 0.0001740 and 0.0001720 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-218193 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/itv5sx0L-1024×641.jpg" alt="SafeMoon chart analysis" width="1024" height="641" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>The Litecoin price remained stable above the 83.00 level yesterday. Today, we see a continuation of yesterday&#8217;s movement with a small movement to the 83.80 level. If this kind of consolidation continues, we could expect to see reaching the 85.00 level. After that, we need a break above, and thus, we would also get support in the EMA50 moving average for the continued bullish side.</p>
<p>Potential higher targets are 86.00 and 87.00 levels. We need a negative consolidation and pullback below the 83.00 support level for a bearish option. After that, I can expect the prices to start pulling back and break the last week&#8217;s support zone. Potential lower targets are 82.00 and 81.00 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-218195 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/08/lCigAe1U-1024×641.jpg" alt="Litecoin chart analysis" width="1024" height="641" /></p>
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