SafeMoon rises to new high, Litecoin remains below 75.00

<div><img width="750" height="430" src="https://www.financebrokerage.com/wp-content/uploads/2019/12/Litecoin-Price-In-Deterioration-Finance-Brokerage.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Litecoin Price In Deterioration – Finance Brokerage" decoding="async" loading="lazy" /></div><h1><b>SafeMoon rises to new high, Litecoin remains below 75.00</b></h1>
<ul>
<li aria-level="1">Today, we see the continuation of the previous <a href="https://www.financebrokerage.com/eurusd-and-gbpusd-euro-in-bullish-consolidation-to-1-05400/">bullish consolidation</a> until the firming of the new high price of SafeMoon at the 0.00005732 level.</li>
<li aria-level="1">The price of Litecoin is in a new attempt to regain the 75.00 level.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>Today, we see the continuation of the previous bullish consolidation until the firming of the new high price of SafeMoon at the 0.00005732 level. There, we encounter resistance and start a pullback, which lowers the price to the 0.00005300 level. After receiving support at that level, we see a slight recovery to 0.00005400. That is not enough, and we can expect another pullback and testing of lower support. Potential lower targets are the 0.00005200 and 0.00005100 levels.</p>
<p>We need a positive consolidation and retracement above the 0.00005500 level for a bullish option. Then, we need to hold there if we want to see a move above the 0.00005600 resistance level. After that, we expect to see stronger bullish momentum and resistance in SafeMoon&#8217;s price. Potential higher targets are the 0.00005700 and 0.00005800 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-245617 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/12/Zk81Ts25-1024×524.jpg" alt="SafeMoon chart analysis" width="1024" height="524" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>The price of Litecoin is in a new attempt to regain the 75.00 level. Now, let&#8217;s turn slightly above the 74.00 level, expecting to receive its support and start a further recovery to the 75.00 level. A break above 75.00 and holding it there would greatly benefit further growth and the formation of a new price high. Potential higher targets are 75.50 and 76.00 levels.</p>
<p>For a bearish option, we need a negative consolidation and a drop below the 74.00 level to start. After that, we would look towards the 73.00 level as a potential first support. A new breakout below would confirm bearish pressure and a continuation of the Litecoin price decline. Potential lower targets are 72.50 and 72.00 levels. Additional support in the zone around 72.00 is the EMA50 moving average.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-245618 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2023/12/k4Wbk2dT-1024×620.jpg" alt="Litecoin chart analysis" width="1024" height="620" /></p>
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