• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Economy SafeMoon and Litecoin: New Weekly Support and Targets
Economy

SafeMoon and Litecoin: New Weekly Support and Targets

by September 24, 2024
by September 24, 2024 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

SafeMoon and Litecoin: New Weekly Support and Targets

Over the weekend, the SafeMoon price managed to bounce back above the EMA 200 moving average
The seven-day bullish trend of the price of Litecoin was stopped yesterday at the $69.33 level

SafeMoon chart analysis

Over the weekend, the SafeMoon price managed to bounce back above the EMA 200 moving average. After the weekend, lateral consolidation in the 0.00003000-0.00003400 range. On Monday, we saw a breakout above and the formation of a new weekly high at the 0.00003890 level. Soon after, SafeMoon began to lose strength, causing a pullback to support at 0.00003200.

The price gets new support there, and with the EMA 50 moving average, we climbed again to 0.00003600. SafeMoon needs to continue its bullish consolidation to continue on the bullish side. For a bearish option, we need a negative consolidation down to the 0.00003000 level. With that step, the price moves to the bearish side, and we will be forced to look for a new weekly low. Potential lower targets are the 0.00002800 and 0.00002600 levels.

 

Litecoin chart analysis

The seven-day bullish trend of the price of Litecoin was stopped yesterday at the $69.33 level. Shortly after the formation of a new high, the price began to retreat. We managed to get the first support at $67.00, but it was short-lived, as we saw a break below this morning. Litecoin fell to a weekly low at the $66.00 level. For now, it is holding above, recovering to the $66.70 level.

The price has an opportunity to return to the bullish side above $67.00 and the EMA 50 moving average. Potential higher targets are the $67.50 and $68.00 levels. For a bearish option, we need a negative consolidation and a drop in Litecoin’s price below $66.00. After that, we expect to test the EMA 200 moving average. Potential lower targets are the $65.50 and $65.00 levels.

 

The post SafeMoon and Litecoin: New Weekly Support and Targets appeared first on FinanceBrokerage.

You Might Also Like
  • Green Energy is the Modern “Broken Window”
  • Myth America: Our Facts are the Real Facts. Trust Us.
  • GOP senators demand DOJ give answers after it allegedly spied on House, Senate staffers during Russia probe
  • Minnesota gets $60.5M in Juul, Altria youth vaping settlement
Share
0
FacebookTwitterPinterestWhatsapp

previous post
CCI Indicator – Learn About The Commodity Channel Index
next post
ApeCoin and Akita Inu: New Targets and Prices for This Week

You may also like

Trump campaign raises more than $50 million at Florida fundraiser:...

April 7, 2024

Hate speech watchdog responds to Jim Jordan’s inquiry to ‘set...

August 18, 2023

Trump rally goes silent after he attempts to mock DeSantis

March 27, 2023

Impact of Trump’s Tariffs on Asian Economies

February 3, 2025

Minnesota moves toward 2040 carbon neutrality goal

February 3, 2023

As Biden documents probe unfolds, Americans weigh in on how...

January 18, 2023

Johnson rebukes Biden, Schumer over blocked Israel aid as House...

May 17, 2024

Trial begins in Native American tribes’ lawsuit over North Dakota...

June 13, 2023

Wife of Connecticut Democrat involved in COVID fraud scheme gets...

March 24, 2023

Arizona Senate candidate says ‘weapons,’ ‘little cow nuts’ on trucks...

August 17, 2023

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past This Level Crucial For Resumption Of Upmove

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025
    • Run Your Stock Portfolio Like a Pro Sports Team

      May 30, 2025
    • U.S. foreign tax bill sends jitters across Wall Street

      May 30, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,472 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,432 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,308 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Week Ahead: NIFTY Stays In A Defined Range; Moving Past...

      May 31, 2025
    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right...

      May 31, 2025
    • Leadership Rotation Could Confirm Corrective Phase

      May 30, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,106)
    • Investing (538)
    • Stock (2,582)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    EXCLUSIVE: Border Patrol chief fumed at...

    January 20, 2023

    Connecticut bill would let 12-year-olds get...

    January 18, 2023

    Heritage Foundation working on election legal...

    June 29, 2024
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here