{"id":616,"date":"2024-08-14T12:03:42","date_gmt":"2024-08-14T12:03:42","guid":{"rendered":"https:\/\/investingsstrategist.com\/index.php\/2024\/08\/14\/safemoon-and-litecoin-litecoin-on-a-bullish-run-this-week\/"},"modified":"2024-08-14T12:03:42","modified_gmt":"2024-08-14T12:03:42","slug":"safemoon-and-litecoin-litecoin-on-a-bullish-run-this-week","status":"publish","type":"post","link":"https:\/\/investingsstrategist.com\/index.php\/2024\/08\/14\/safemoon-and-litecoin-litecoin-on-a-bullish-run-this-week\/","title":{"rendered":"SafeMoon and Litecoin: Litecoin on a bullish run this week"},"content":{"rendered":"<div>\n<div><\/div>\n<h1>SafeMoon and Litecoin: Litecoin on a bullish run this week<\/h1>\n<p><span>The price of SafeMoon has slowly stabilized above the EMA 200 moving average.<\/span><br \/>\n<span>LItecoin continued the previous bullish formation this morning, climbing to a new weekly high at the $64.16 level.\u00a0<\/span><\/p>\n<h2>SafeMoon chart analysis<\/h2>\n<p><span>The price of SafeMoon has slowly stabilized above the EMA 200 moving average. After this morning\u2019s consolidation at 0.00003150, we saw a bullish <a href=\"https:\/\/www.financebrokerage.com\/apecoin-and-akita-inu-apecoin-drops-to-support-again\/\">impulse<\/a> to the 0.00003250 level. Now, the price is at 0.00003200, and we will try to form a new low here. If SafeMoon succeeds in this, it could start a new positive consolidation and skip the previous high.<\/span><\/p>\n<p><span>Potential higher targets are 0.00003300 and 0.00003350 levels. For a bearish option, we need a negative consolidation and a descent of SafeMoon to the 0.00003150 support level. This brings us back below the EMA 200 moving average, which increases the bearish pressure on the price to start a further pullback. Potential lower targets are the 0.00003100 and 0.00003000 levels. We will test the weekly open price at 0.00003000.<\/span><\/p>\n<\/p>\n<p>\u00a0<\/p>\n<h2>Litecoin chart analysis<\/h2>\n<p><span>LItecoin continued the previous bullish formation this morning, climbing to a new weekly high at the $64.16 level. After that, we saw a slight pullback to support at the 63.50 level. Litecoin\u2019s movement looks stable, and we could see a continuation to the bullish side. With a return above $64.00, we will be close to testing the previous high. With a new impulse, the price could climb to a new high and form a new weekly high.<\/span><\/p>\n<p><span>Potential higher targets are $64.50 and $65.00 levels. For a bearish option, we need a negative consolidation and a drop in Litecoin price down to the $63.00 level. This is where we return to yesterday\u2019s support zone. New pressure today could force the price to move below to a new low. Potential lower targets are $62.50 and $62.00 levels.<\/span><\/p>\n<\/p>\n<p>\u00a0<\/p>\n<p>The post <a href=\"https:\/\/www.financebrokerage.com\/safemoon-and-litecoin-litecoin-on-a-bullish-run-this-week\/\">SafeMoon and Litecoin: Litecoin on a bullish run this week<\/a> appeared first on <a href=\"https:\/\/www.financebrokerage.com\/\">FinanceBrokerage<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SafeMoon and Litecoin: Litecoin on a bullish run this week The price of SafeMoon has slowly stabilized above the EMA 200 moving average. LItecoin continued the previous bullish formation this morning, climbing to a new weekly high at the $64.16 level.\u00a0 SafeMoon chart analysis The price of SafeMoon has slowly stabilized above the EMA 200 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":617,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-616","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\/616","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=616"}],"version-history":[{"count":0,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/posts\/616\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media\/617"}],"wp:attachment":[{"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/media?parent=616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/categories?post=616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investingsstrategist.com\/index.php\/wp-json\/wp\/v2\/tags?post=616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}