SafeMoon and Litecoin: SafeMoon is back above 0.00004100

<div><img width="1200" height="665" src="https://www.financebrokerage.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: SafeMoon is back above 0.00004100</b></h1>
<ul>
<li aria-level="1">SafeMoon’s price was under pressure below the EMA200 moving average over the weekend.</li>
<li aria-level="1">Over the weekend, we saw a continuation of last week’s <a href="https://www.financebrokerage.com/bitcoin-ethereum-dogecoin-bullish-options-on-charts/">bullish</a> consolidation from the $63.13 level.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>SafeMoon’s price was under pressure below the EMA200 moving average over the weekend. This caused the price to drop to the 0.00003600 level. On Monday, we first saw a continuation of the bearish momentum up to the 0.00003503 level. After receiving support, Safemoon starts a bullish consolidation and pulls out above the 0.00004000 level and the EMA200 moving average. Today, we see a continuation of the price recovery and climb to the 0.00004170 level.</p>
<p>If SafeMoon has strength and continues further growth, potential higher targets are 0.00004200 and 0.00004250. We need a pullback to 0.00004000 and EMA200 levels for a bearish option. A break below would wipe out all previous positives, and the price would return to the bearish side. Potential lower targets are the 0.00003900 and 0.00003800 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-256985 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2024/01/6V7kiYL7-1024×598.jpg" alt="SafeMoon chart analysis" width="1024" height="598" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>Over the weekend, we saw a continuation of last week’s bullish consolidation from the $63.13 level. After gaining support on Saturday at the $66.35 level, the price started a bullish consolidation up to $68.60. Yesterday, the price had a bad start to the week and retreated to $67.00. The fall was stopped there, and we started with a new impulse to recover to $68.79. This created a new weekly high, and Litecoin retreated to $68.15.</p>
<p>Positive is the return of the price above the EMA200 moving average, and while we are above it, we expect to continue the growth. Potential higher targets are $69.00 and $70.00 levels. We need a negative consolidation and pullback to the $67.00 level for a bearish option. So, we would test yesterday’s low and pull back below the EMA200. New pressure could negatively impact the price by sending it lower. Potential lower targets are $66.50 and $66.00 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-256986 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2024/01/MqLhLOeO-1024×598.jpg" alt="LiteCoin Chart Analysis" width="1024" height="598" /></p>
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