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

SafeMoon and Litecoin: Litecoin moves to a new weekly high

by July 17, 2024
written by July 17, 2024

SafeMoon and Litecoin: Litecoin moves to a new weekly high

The price of SafeMoon has been in a steady bullish consolidation this week.
The price of Litecoin this morning formed a new weekly high at the $74.28 level. 

SafeMoon chart analysis

The price of SafeMoon has been in a steady bullish consolidation this week. However, we still have a problem with the 0.00003764 level, which represents resistance to our recovery. Yesterday and today, we tried several times to move above it, but we always stopped at that level and went back. We have support from the EMA 50 and EMA 200 moving averages, and based on that, we expect to see a continuation of the bullish trend.

Potential higher targets are 0.00003800 and 0.00003850 levels. For a bearish option, we need a negative consolidation and pullback to the 0.00003550 level. We will test the daily open price and the EMA 50 moving average there. If that support doesn’t hold, SafeMoon could face a deeper pullback. Potential lower targets are 0.00003500 and 0.00003450 levels.

 

Litecoin chart analysis

The price of Litecoin this morning formed a new weekly high at the $74.28 level. We didn’t have the strength to continue, and the price lost momentum to continue on the bullish side. Soon after that, a bearish consolidation was initiated and a drop to the $72.30 level. Here, we met the EMA 50 moving average, which is providing price support for now. The fall was briefly halted, and Litecoin recovered to $72.75.

If the support holds, we can hope for the initiation of a bullish consolidation. With the return to $73.50, we move to the positive side as we are then above the daily open price. After that, we can expect a further recovery to the bullish side. Potential higher targets are $74.00 and $74.50 levels. We were at the $75.00 level in the first days of July.

 

The post SafeMoon and Litecoin: Litecoin moves to a new weekly high appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Ethereum price climbed to a new July high this morning
next post
ApeCoin and Akita Inu: ApeCoin has retested at 0.830 level

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

  • DAVID MARCUS: Dem senators’ shameless antics show why party is in shambles

    January 31, 2025
  • Delta Airlines cancellations and delays continue but worst of IT outage impact is over, CEO says

    July 25, 2024
  • ‘Doomed’: Experts say this crucial campaign decision led to VP Harris’ ‘disastrous’ defeat

    November 7, 2024
  • PETA, animal rights groups praise Trump admin for phasing out ‘cruel tests on dogs’ and other animals

    April 13, 2025
  • Trump posts ‘how it’s going’ message contrasting Time Person of the Year cover with mugshot

    December 14, 2024

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 (5,925)
  • Investing (634)
  • Stock (922)

Latest Posts

  • Gold and Silver: Gold moves to a new all-time high of $2670

    September 25, 2024
  • Plug Power posts disappointing Q2 earnings as stock prices tumble: Is now the time to buy?

    August 8, 2024
  • AG Merrick Garland intends to release Special Counsel Jack Smith report on Trump election case

    January 8, 2025

Recent Posts

  • Russian drone strikes kill 7 in Kharkiv during Zelenskyy’s White House meeting with Trump

    August 18, 2025
  • Biden admin faces mounting pressure to allow Ukraine to strike inside Russia with US missiles

    September 13, 2024
  • HHS employees offered $25k as ‘incentive to voluntarily separate’

    March 10, 2025

Editor’s Pick

  • ‘Star Trek shield’ technology gets $250M boost to knock drone swarms from the sky with high-powered microwave

    March 6, 2025
  • Biden says he’s been carrying out ‘most aggressive climate agenda’ in history as he designates CA monuments

    January 15, 2025
  • EPA urged by state AGs to axe funds for ‘radical’ climate project accused of training judges

    August 26, 2025
  • 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