SafeMoon and Litecoin: Litecoin recovers to the 75.00 level

<div><img width="750" height="430" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2020/01/Litecoin-Debuts-on-Binance-Futures-Finance-Brokerage.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Litecoin" decoding="async" loading="lazy" /></div><h1><b>SafeMoon and Litecoin: Litecoin recovers to the 75.00 level</b></h1>
<ul>
<li aria-level="1">Last Thursday, the price of SafeMoon fell to its all-time low at the 0.0000400 level.</li>
<li aria-level="1">This week&#8217;s Litecoin price high is the 75.00 level.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>Last Thursday, the price of SafeMoon fell to its all-time low at the 0.0000400 level. After that, we managed to get support, and for the fifth day in a row, we are moving in the 0.0000450-0.0000600 range.</p>
<p>In the last couple of hours, we have seen a bullish consolidation from the support zone, and now we are at the 0.0000530 level. We need a continuation of this consolidation to get back up near the 0.0000600 level.</p>
<p>A hold around that level could produce a breakout above and form a new high for the week. Potential higher targets are 0.0000650 and 0.0000700 levels. For a <a href="https://www.financebrokerage.com/unpacking-apollox-apx-volatility-meets-bearish-sentiment/">bearish</a> option, we need a negative consolidation and a drop below the 0.0000450 support level.</p>
<p>After that, we can test the 0.0000400 level again. Potential lower targets are 0.0000350 and 0.0000300 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-238549 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/tqfmL5jC-1024×620.jpg" alt="SafeMoon chart analysis" width="1024" height="620" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>This week&#8217;s Litecoin price high is the 75.00 level. During the previous weekend, we had a bullish impulse up to 75.88 levels, but literally in the next minute, the price dropped to 70.00 levels. After that, we started a bullish consolidation that took us up to 75.00 levels yesterday. We stop there, encounter resistance and start a pullback to support at the 72.60 level.</p>
<p>We managed to get support at that level and recover this time only up to 74.50 level. A new resistance awaited us in that zone, and we are starting another pullback, but now with a new low at the 72.35 level. This tells us that the price is under pressure and that we continue to pull back.</p>
<p>Potential lower targets are 72.00 and 71.50 levels. The EMA50 moving average is in the zone around 70.50-71.00, and there, we should expect greater support and stop further decline.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-238550 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/11/RYEBC443-1024×620.jpg" alt="LiteMoon chart analysis" width="1024" height="620" /></p>
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