SafeMoon and Litecoin: LItecoin puts pressure on 67.00

<div><img width="750" height="430" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2020/01/Litecoin-Price-Is-Still-Under-50-Finance-Brokerage.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Litecoin Price Is Still Under $50 – Finance Brokerage" decoding="async" loading="lazy" /></div><h1><b>SafeMoon and Litecoin: LItecoin puts pressure on 67.00</b></h1>
<ul>
<li aria-level="1">We are currently seeing the formation of a new high price of SafeMoon at the 0.0002075 level.</li>
<li aria-level="1">Litecoin price is in retreat compared to yesterday. Yesterday, we formed a high at the 70.50 level, where we encountered resistance.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>We are currently seeing the formation of a new high price of SafeMoon at the 0.0002075 level. The price continues the previous bullish consolidation, climbing to a three-month high. Now, we are experiencing a stall at that level and a pullback to the 0.0002050 level.</p>
<p>We may see a drop to the 0.0002000 level, as we could expect more concrete support there. At that level, we would form a new bottom from which we start the continuation of the recovery.</p>
<p>Potential higher targets are the 0.0002100 and 0.0002150 levels. For a bearish option, we need a negative consolidation and a drop below the 0.0002000 support level. A pullback below would lead to the formation of a new daily low, which could initiate a continuation to the <a href="https://www.financebrokerage.com/impact-of-bearish-chinese-economic-data-on-global-oil-prices/">bearish</a> side. Potential lower targets are the 0.0001950 and 0.0001900 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-237350 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/QC2GTcd0-1024×620.jpg" alt="SafeMoon chart analysis" width="1024" height="620" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>Litecoin price is in retreat compared to yesterday. Yesterday, we formed a high at the 70.50 level, where we encountered resistance. After that, we saw a bearish consolidation and pullback today to the 67.10 level. Additional pressure in this zone creates the EMA50 moving average.</p>
<p>If we get its support, we expect to see a bullish consolidation and a return above the 69.00 level. Then we would have to stay up there and form a bottom there from which we would start further recovery.</p>
<p>Potential higher targets are 70.00 and 70.50 levels. For a bearish option, we need a negative consolidation and a drop in Litecoin price below the 67.00 level. This would form a new low, and we would receive confirmation of the bearish option. Potential lower targets are 66.50 and 66.00 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-237353 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/QGAm9AM0-1024×620.jpg" alt="Litecoin chart analysis" width="1024" height="620" /></p>
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