SafeMoon and Litecoin: Safemoon is holding above 0.0001850

<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: Safemoon is holding above 0.0001850</b></h1>
<ul>
<li aria-level="1">SafeMoon&#8217;s price was in a pullback yesterday afternoon to the 0.0001700 support level.</li>
<li aria-level="1">Litecoin&#8217;s price is struggling to stay above the $68.00 level.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>SafeMoon&#8217;s price was in a pullback yesterday afternoon to the 0.0001700 support level. At that level, we get support, and we start with a bullish consolidation that raises the price to the 0.0001850 level. The current bullish impulse could push us to test the previous high at the 0.0001865 level. A breakthrough above would be of great importance for further <a href="https://www.financebrokerage.com/teslas-stock-shows-signs-of-recovery-amid-volatility/">recovery</a> and the formation of a new high price. Potential higher targets are the 0.0001900 and 0.0001950 levels.</p>
<p>We need a negative consolidation and a new pullback to the 0.0001700 previous support level for a bearish option. A break below would indicate an increase in bearish pressure and further price pullback with the formation of a new lower low. Potential lower targets are the 0.0001650 and 0.0001600 levels. Additional support at the 0.0001600 level is the EMA50 moving average.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-235659 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/10/sIIK6UpP-1024×620.jpg" alt="SafeMoon chart analysis" width="1024" height="620" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>Litecoin&#8217;s price is struggling to stay above the $68.00 level. Yesterday, we already found ourselves in this support zone once and managed to create a bullish consolidation up to the $70.50 level. At that level, we encounter resistance, bringing us back to testing the $68.00 level. If we were to see a break below, it would mean that the bearish side is opening for us.</p>
<p>Potential lower targets are $67.00 and $66.00 levels. We have additional support at the $66.00 level in the EMA50 moving average. We need a positive consolidation and price movement above the $70.00 level for a bullish option. Then, we would have to hold above there in order to initiate further positive consolidation from there. Potential higher targets are $71.00 and $72.00 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-235663 size-large" src="https://6ztkp25f.tinifycdn.com/wp-content/uploads/2023/10/n8IxwrsV-1024×620.jpg" alt="Litecoin chart analysis" width="1024" height="620" /></p>
<p>The post <a rel="nofollow" href="https://www.financebrokerage.com/safemoon-and-litecoin-safemoon-is-holding-above-0-0001850/">SafeMoon and Litecoin: Safemoon is holding above 0.0001850</a> appeared first on <a rel="nofollow" href="https://www.financebrokerage.com">FinanceBrokerage</a>.</p>

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