SafeMoon and Litecoin: Litecoin remains stable above $63.00

<div><img width="1200" height="665" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/07/My_project-1_8-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Safemoon 2" decoding="async" loading="lazy" /></div><h1><b>SafeMoon and Litecoin: Litecoin remains stable above $63.00</b></h1>
<ul>
<li aria-level="1">SafeMoon&#8217;s price yesterday continued the previous sideways consolidation, moving in the 0.0001290-0.0001330 range.</li>
<li aria-level="1">The price of Litecoin yesterday formed a new weekly high at the $65.50 level.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>SafeMoon&#8217;s price yesterday continued the previous sideways consolidation, moving in the 0.0001290-0.0001330 range. This morning, we visited the lower support level again, after which we saw <a href="https://www.financebrokerage.com/bitcoin-and-ethereum-btc-and-new-bullish-consolidation/">bullish consolidation</a> and a move to the 0.0001310 level. In the middle of this channel, we have the EMA50 moving average, and we need a move above to continue to the upper level at 0.0001330. Potential higher targets are the 0.0001340 and 0.0001350 levels.</p>
<p>For a bearish option, we need a negative consolidation and a new pullback to support at the 0.0001290 level. A break below would indicate a further weakening of SafeMoon&#8217;s price, a descent to lower levels. Potential lower targets are the 0.0001280 and 0.0001270 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-229665 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/09/kFxfqFrJ-1024×620.jpg" alt="SafeMoon chart analysis" width="1024" height="620" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>The price of Litecoin yesterday formed a new weekly high at the $65.50 level. After that, we see a bearish consolidation and pullback to the $63.00 level. The price manages to consolidate at that level and initiate a positive consolidation up to the $63.95 level. We should soon climb above the $64.00 level and move towards the $65.00 level again. Additional resistance could be created by the EMA50 moving average. Potential higher targets are $65.50 and $66.00 levels.</p>
<p>We need a negative consolidation and another drop to the $63.00 support level for a bearish option. After that, we would have the opportunity to fall below and form a new low. Thus, we would confirm the bearish option; the potential lower targets are $62.50 and $62.00.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-229666 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/09/K2UtYjcB-1024×620.jpg" alt="Litecoin chart analysis" width="1024" height="620" /></p>
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