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

SafeMoon and Litecoin: Targets and Prices for Tuesday

by October 8, 2024
written by October 8, 2024

SafeMoon and Litecoin: Targets and Prices for Tuesday

The price of SafeMoon continued to consolidate below the EMA 200 moving average this week as well
The previous bullish trend of the Litecoin price was stopped on Monday at the $67.98 level

SafeMoon chart analysis

The price of SafeMoon continued to consolidate below the EMA 200 moving average this week as well. On Monday, we had a short break above the 0.00003100 level, after which we quickly returned below the moving average. Today’s trend is unchanged and we continue to move sideways in the 0.00002300-0.00002800 range. A new impulse below this level will form a new weekly low and thus confirm that the price is under pressure.

Potential lower targets are the 0.00002200 and 0.00002000 levels. For a bullish option, we need a positive consolidation and a return above the EMA 200 moving average and the 0.00003000 level. With that, we are moving to the positive side and need to stay up there. If we succeed, the price could start a bullish recovery. Potential lower targets are the 0.00003200 and 0.00003400 levels.

 

Litecoin chart analysis

The previous bullish trend of the Litecoin price was stopped on Monday at the $67.98 level. Shortly after that, the price initiated a pullback and fell below the $67.00 level. The price falling until last night, when it formed a new weekly low at $64.50. This morning’s consolidation is in the $64.50-$65.50 range. For now, the price resists the pressure and remains above the weekly low.

We need to move back up to the 200 EMA and the $66.00 resistance zone if we want to try to get back to the bullish side. With a breakout above, Litecoin has an opportunity to start further bullish consolidation. Potential higher targets are $66.50 and $67.00 levels. For a bearish option, we need a negative consolidation and a break below the $64.50 support level. Thus, we move to a new weekly low and confirm the bearish momentum. Potential lower targets are $64.00 and $63.50 levels.

 

The post SafeMoon and Litecoin: Targets and Prices for Tuesday appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Bitcoin loses bullish momentum on Monday and drops again
next post
First on Fox: Top outside group backing House Republicans sets fundraising record

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

  • Trump signs executive order to protect Americans from ‘exploitive ticket scalping’ in entertainment industry

    April 1, 2025
  • ‘China is our enemy’: GOP lawmaker shoots down Chinese spy balloon in new ad

    October 16, 2024
  • DeXe Network: Social Trading On Blockchain At Its Best

    October 1, 2024
  • Major pro-life group knocks on 4 million doors in 2024 swing states

    October 30, 2024
  • ‘Malign influence’: Top Biden official faces backlash ahead of address at forum with deep ties to CCP

    November 15, 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

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

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    July 19, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,723)
  • Investing (624)
  • Stock (773)

Latest Posts

  • American-Israeli IDF platoon commander killed in battle, body held in Gaza, IDF says

    December 2, 2024
  • Chinese stocks surge on AI optimism, nearing three-year highs

    February 14, 2025
  • With 10 days until voting starts, ‘election season’ kicks off sooner than you think

    August 27, 2024

Recent Posts

  • Trump tells Jesse Watters that he was not warned about gunman, despite reports

    July 21, 2024
  • I was Biden’s man in the room at the UN Security Council. Don’t let Russia, China take over

    March 21, 2025
  • Starbucks imposes new limits on what baristas can wear under their green aprons

    April 23, 2025

Editor’s Pick

  • ‘Dangerous message’: Top Republican raises concerns over trading Americans for ‘actual Russian criminals’

    August 1, 2024
  • New watchdog report shatters Biden-Harris narrative about ethics, ‘transparency’: ‘Just a myth’

    October 31, 2024
  • Apple announces iPhone event for Sept. 9

    August 26, 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