SafeMoon and Litecoin: $69.99 new weekly high for Litecoin

<div><img width="750" height="430" src="https://www.financebrokerage.com/wp-content/uploads/2020/05/Litecoin-Climbs-on-4-Hour-Chart-But-Began-Today-Down-by-1.1-Finance-Brokerage.png" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Litecoin Climbs on 4-Hour Chart But Began Today Down by 1.1% – Finance Brokerage" decoding="async" loading="lazy" /></div><h1><b>SafeMoon and Litecoin: $69.99 new weekly high for Litecoin</b></h1>
<ul>
<li aria-level="1">SafeMoon price pulled back from yesterday’s high to the 0.00004170 level.</li>
<li aria-level="1">The price of Litecoin succeeds with a bullish impulse to reach the $69.99 level.</li>
</ul>
<h2><b>SafeMoon chart analysis</b></h2>
<p>SafeMoon price pulled back from yesterday’s high to the 0.00004170 level. We again found ourselves below the EMA200, with the formation of a daily low at the 0.00003800 level. Hopefully, we manage to get support at that level and initiate a <a href="https://www.financebrokerage.com/bitcoin-and-ethereum-and-a-new-attempt-for-bullish-option/">bullish</a> consolidation and growth above the EMA200 and 0.00003980 levels. We are close to testing the 0.00004000 level again. A new break above would trigger a further recovery in SafeMoon’s price. Potential higher targets are the 0.00004050 and 0.00004100 levels.</p>
<p>We need to go back below the EMA200 to the 0.00003800 level for a bearish option. Tima would return to the support zone. Cena would be under pressure to start a further pullback. With the breakout below, we get confirmation of SafeMoon’s volatile price. Potential lower targets are the 0.00003750 and 0.00003700 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-257403 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2024/01/yMSCWecQ-1024×598.jpg" alt="SafeMoon Chart Analysis" width="1024" height="598" /></p>
<h2><b>Litecoin chart analysis</b></h2>
<p>The price of Litecoin succeeds with a bullish impulse to reach the $69.99 level. That’s how we formed this week’s price high today. We are now stopping there and returning to the $69.45 level. Here, we console ourselves and wait for the next step that would show us the potential trend of Litecoin. We could initiate a deeper pullback if we slide down to $69.00. Potential lower targets are $68.50 and $68.00 levels.</p>
<p>Again, we would be close to testing support in the EMA200 moving average. We need a positive consolidation and a move above the $69.50 level for a bullish option. That would be the first indication that the price is slyly triggering a bullish consolidation. Potential higher targets are $70.00 and 70.504 levels.</p>
<p><img decoding="async" loading="lazy" class="aligncenter wp-image-257404 size-large" src="https://www.financebrokerage.com/wp-content/uploads/2024/01/rnqPnow9-1024×598.jpg" alt="Litecoin chart analysis" width="1024" height="598" /></p>
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