{"id":2204,"date":"2024-09-12T18:01:33","date_gmt":"2024-09-12T18:01:33","guid":{"rendered":"https:\/\/investingsstrategist.com\/index.php\/2024\/09\/12\/safemoon-and-litecoin-safemoon-is-holding-above-the-ema-200\/"},"modified":"2024-09-12T18:01:33","modified_gmt":"2024-09-12T18:01:33","slug":"safemoon-and-litecoin-safemoon-is-holding-above-the-ema-200","status":"publish","type":"post","link":"https:\/\/investingsstrategist.com\/index.php\/2024\/09\/12\/safemoon-and-litecoin-safemoon-is-holding-above-the-ema-200\/","title":{"rendered":"SafeMoon and Litecoin: SafeMoon is holding above the EMA 200"},"content":{"rendered":"<div>\n<div><\/div>\n<h1>SafeMoon and Litecoin: SafeMoon is holding above the EMA 200<\/h1>\n<p><span>The price of SafeMoon climbed to a new weekly high on Tuesday at the 0.00004000 level<\/span><br \/>\n<span>Litecoin price has been in a mild bullish consolidation since Monday<\/span><\/p>\n<h2>SafeMoon chart analysis<\/h2>\n<p><span>The price of SafeMoon climbed to a new weekly high on Tuesday at the 0.00004000 level. The joy was short-lived as we saw a pullback below the 0.00003000 level. On Wednesday, the price continued to fall, gaining new support at 0.00002600 and the EMA 200 moving average. Soon after that, SafeMoon makes a new impulse and jumps to the 0.0000330 level. We meet resistance again and are forced into another pullback to 0.00002880.\u00a0<\/span><\/p>\n<p><span>Price pressure is now to continue down to 0.00002600 and thus pull back below the EMA 200 moving average. <a href=\"https:\/\/www.financebrokerage.com\/apecoin-and-akita-inu-apecoin-pulls-back-to-ema-200\/\">Potential<\/a> lower targets are the 0.00002400 and 0.00002200 levels. For a bullish option, we need positive consolidation and staying above the weekly open price. After that, SafeMoon could retest today\u2019s high and try to climb to a new one. Potential higher targets are 0.00003400 and 0.00003600 levels.<\/span><\/p>\n<\/p>\n<p>\u00a0<\/p>\n<h2>Litecoin chart analysis<\/h2>\n<p><span>Litecoin price has been in a mild bullish consolidation since Monday. This morning, we climbed to the $62.50 level, a new weekly high. There, the price encountered the EMA 200 moving average, which did not allow us to move above. Litecoin makes a new retreat and goes down to the $61.80 level. Here, we are trying to get support from the EMA 50 moving average to stop further decline. If we fail to do so, we go below to a new daily low and continue the bearish consolidation.<\/span><\/p>\n<p><span>Potential lower targets are the $61.50 and $61.00 levels. For a bullish option, we need a positive consolidation and a move back up to $62.50. We will again try to move above the EMA 200 and get its support to continue on the bullish side. Potential higher targets are the $63.00 and $63.50 levels.<\/span><\/p>\n<\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/www.financebrokerage.com\/safemoon-and-litecoin-safemoon-is-holding-above-the-ema-200\/\">SafeMoon and Litecoin: SafeMoon is holding above the EMA 200<\/a> appeared first on <a href=\"https:\/\/www.financebrokerage.com\/\">FinanceBrokerage<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SafeMoon and Litecoin: SafeMoon is holding above the EMA 200 The price of SafeMoon climbed to a new weekly high on Tuesday at the 0.00004000 level Litecoin price has been in a mild bullish consolidation since Monday SafeMoon chart analysis The price of SafeMoon climbed to a new weekly high on Tuesday at the 0.00004000 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":2205,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-2204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy"],"_links":{"self":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/2204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/comments?post=2204"}],"version-history":[{"count":0,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/2204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media\/2205"}],"wp:attachment":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media?parent=2204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/categories?post=2204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/tags?post=2204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}