The Revenue Rises
Trending Now
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
DP Trading Room: Key Support Levels for the...
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
Retirees ‘stunned’ as market turmoil over tariffs shrinks...
Week Ahead: NIFTY Set To Open Lower; Relative...
Market Drop Compared to 2020: What You Need...

The Revenue Rises

Economy

SafeMoon and Litecoin: Support Levels and Targets

by admin October 25, 2024
October 25, 2024
SafeMoon and Litecoin: Support Levels and Targets

SafeMoon and Litecoin: Support Levels and Targets

  • The price of SafeMoon found new support at the 0.00002857 level
  • The price of Litecoin once again fell below the $70.00 level on Wednesday, October 23

SafeMoon chart analysis

The price of SafeMoon found new support at the 0.00002857 level. With that, we successfully tested the weekly open level and now see a slight bullish consolidation. The price finds the support of the EMA 50 moving average and recovers to the 0.00002925 level. We could have resistance there before continuing to the 200 EMA and the 0.00003000 level. Potential higher targets are 0.00003050 and 0.00003100 levels.

For a bearish option, SafeMoon would have to drop again to this morning’s support at 0.00002855. This will put new pressure on the weekly open level in order to try to stay on the bullish side. With the impulse below, we go to a new daily low and confirm the bearish momentum. Potential lower targets are the 0.00002800 and 0.00002700 levels.

 

Litecoin chart analysis

The price of Litecoin once again fell below the $70.00 level on Wednesday, October 23. We formed a new weekly low at $67.76. After that, the price started a bullish recovery from there to the $70.60 level. We didn’t have the strength to continue and started a new pullback to the $69.30 level. Currently, the price is finding support to stop the previous bearish momentum. If the support holds the price, we can expect Litecoin to return above the daily open level of $70.00.

Potential higher targets are $71.00 and $72.00 levels. At $71.00, we will get new support on the EMA 200 moving average. For a bearish option, we need a negative consolidation and a drop below the $69.00 level. With that step, Litecoin goes to a new daily low and confirms that it is under bearish pressure. Potential lower targets are $68.00 and $67.00 levels.

 

The post SafeMoon and Litecoin: Support Levels and Targets appeared first on FinanceBrokerage.

previous post
Solana and Cardano: Cardano drops to new weekly low
next post
Tesla (TSLA) Stocks Up 18% After Strong Earnings

Related Posts

Could Bitcoin Reach $200000? Market & Expert Insights

February 20, 2025

Coca-Cola Stock: New Challenges Amid Market Shifts

August 27, 2024

Stock Market News UK Update: FTSE 100 &...

April 2, 2025

Altcoins Surge 14% After the Fed’s 50 Basis...

September 20, 2024

Gold and Silver: Gold continues to pull back...

September 5, 2024

USDCAD AND USDCNH: USDCNH retreated to a new...

August 7, 2024

Stock Market News UK Update: FTSE 100 &...

March 26, 2025

Stock Futures Lower after S&P 500 futures ticked...

December 20, 2024

Stock Market News UK Update: FTSE 100 &...

March 30, 2025

Tesco Share Price: Forecast and Live Update

August 3, 2024

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Stock Market News UK Update: FTSE 100 & 250 Rise
    • Stock Market News UK Update: FTSE 100 & 250 Rise
    • DP Trading Room: Key Support Levels for the SPY
    • Stock Market News UK Update: FTSE 100 & 250 Rise
    • Stock Market News UK Update: FTSE 100 & 250 Rise

    Popular Posts

    • 1

      Polls show some good early signs for Kamala Harris

      July 26, 2024
    • 2

      Solana and Cardano: Solana is waiting for a new impulse

      July 18, 2024
    • 3

      The presidential race shifts — modestly, so far — toward Harris

      August 6, 2024
    • 4

      Donald Trump’s imaginary and frightening world

      September 23, 2024
    • 5

      DP Trading Room: PMO Sort on Earnings Darlings

      July 18, 2024

    Categories

    • Business (663)
    • Economy (965)
    • Politics (873)
    • Stocks (749)

    Disclaimer: therevenuerises.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 © 2024 The Revenue Rises. All Rights Reserved.