SafeMoon and Litecoin: Litecoin stabilized above $80.00
- SafeMoon managed to climb up to 0.0002660 levels yesterday.
- The price of Litecoin continues to grow slightly for the second day in a row.
SafeMoon chart analysis
SafeMoon managed to climb up to 0.0002660 levels yesterday. Cena didn’t have the strength to stay up there and began to retreat. For now, we are getting support at the 0.0002000 level. It is more likely that we could see a breakout below and a price pullback. Potential lower targets are the 0.0001800 and 0.0001600 levels.
We need a positive consolidation and price return above the 0.0002200 level for a bullish option. Then we need to stay up there and start the continuation of SafeMoon’s recovery with new momentum. Potential higher targets are the 0.0002400 and 0.0002600 levels.
Litecoin chart analysis
The price of Litecoin continues to grow slightly for the second day in a row. Today’s price support is at the 80.00 level. Now we see a positive consolidation and a move to the 80.90 level. If this trend continues, the price could rise to 82.00 levels. Yesterday, that level represented an obstacle to a bullish recovery, and we could test it again today.
Potential higher targets are 83.00 and 84.00 levels. For a bearish option, we need a negative consolidation and a new test of support at the 80.00 level. A price break below would signal a further decline to the next lower support levels. Potential lower targets are 79.00 and 78.00 levels.
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