• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

SafeMoon and Litecoin: Litecoin forms a new high at $73.53

by July 16, 2024
written by July 16, 2024

SafeMoon and Litecoin: Litecoin forms a new high at $73.53

During the weekend, the price of SafeMoon managed to create a bullish impulse to the 0.00004000 level.
This morning, we saw a concrete break of the Litecoin price above the $70.00 level, which resulted in the formation of a new high at the $73.53 level. 

SafeMoon chart analysis

During the weekend, the price of SafeMoon managed to create a bullish impulse to the 0.00004000 level. After that, the price quickly returned to the initial position at the 0.00003200 level. There, we get support from the EMA 200 moving average and initiate a bullish consolidation that continues today. The bullish picture looks stable, and this morning, we saw the price jump to the 0.00003760 level.

We expect to see further growth in SafeMoon’s price by the end of the week. Potential higher targets are 0.00003900 and 0.00004000 levels. For a bearish option, we need a negative consolidation and a drop below the 0.00003400 level. With that, we drop below the weekly open price and are close to the EMA 200 moving average. If the support does not hold this time, the price could cause a deeper pullback. Potential lower targets are the 0.00003200 and 0.00003000 levels.

 

Litecoin chart analysis

This morning, we saw a concrete break of the Litecoin price above the $70.00 level, which resulted in the formation of a new high at the $73.53 level. The price lost momentum in that zone and initiated a pullback to the $71.00 level. Here, we meet the EMA 50 moving average and hope for its support. If we manage to hold on, we will see the start of a new positive consolidation. Potential higher targets are the $73.00 and $74.00 levels.

For a bearish option, we need a negative consolidation and a new pullback below the $70.00 level. This brings us below the weekly open price, which further complicates the picture for Litecoin. At $69.00, we could find support in the EMA 200 moving average. Potential lower targets are the $68.00 and $67.00 levels.

 

The post SafeMoon and Litecoin: Litecoin forms a new high at $73.53 appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Dogecoin and the Shiba Inu: Dogecoin on the positive side
next post
Ripple and Tron: Tron under pressure retreats below EMA 200

related articles

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • ROBERT MAGINNIS: Don’t be misled—Iran isn’t days away from a nuclear bomb

    June 21, 2025
  • FCC is investigating Disney and ABC for DEI initiatives

    March 29, 2025
  • Fox News Power Rankings: Three governor’s races to watch on election night

    August 14, 2024
  • China ramps up military ‘rehearsals’ around Taiwan, outstrips US in air, maritime, space

    April 10, 2025
  • ‘Colonies problem’: Delegate’s mic cut after outcry during House speaker vote

    January 3, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,396)
  • Investing (634)
  • Stock (939)

Latest Posts

  • US, Russian officials propose peace plan, lay ‘groundwork for cooperation’ in Riyadh

    February 18, 2025
  • Shein and Temu see U.S. demand plunge as loophole for cheap goods closes

    June 5, 2025
  • White House OPM orders all DEI offices to begin closing by end of day Wednesday

    January 22, 2025

Recent Posts

  • Biden-Harris administration failed to recoup $200B in fraudulent COVID loans, House committee says

    November 1, 2024
  • Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says

    March 13, 2025
  • Tesla reports 336,000 vehicle deliveries in first quarter, 13% drop from a year ago

    April 2, 2025

Editor’s Pick

  • SCOTUS turns down abortion clinic buffer zone challenge, Thomas slams ‘abdication’ of duty

    February 24, 2025
  • Fed Chair Powell says ‘time has come’ for interest rate cut

    August 24, 2024
  • Early voting means ‘election season’ has already kicked off

    September 6, 2024
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.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 © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock