Targets and prices for Tuesday

• SafeMoon price also continued to consolidate below the 200 EMA moving average this week.
• The previous uptrend of Litecoin price stopped on Monday at the $67.98 level.

SafeMoon Chart Analysis

SafeMoon price also continued to consolidate below the 200 EMA moving average this week. On Monday we had a brief break above the 0.00003100 level, after which we quickly returned below the moving average. Today's trend has not changed 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.

Possible lower targets are the 0.00002200 and 0.00002000 levels. For a bullish option, we need positive consolidation and performance above the 200 EMA and the 0.00003000 level. With that, we are moving towards the positive side and we need to stay up there. If we achieve this, the price could begin an upward recovery. Possible lower targets are the 0.00003200 and 0.00003400 levels.

Litecoin Chart Analysis

The previous uptrend of Litecoin price stopped on Monday at the $67.98 level. Shortly after, the price began a pullback and fell below the $67.00 level. The price fell until last night, when it formed a new weekly low of $64.50. This morning's consolidation is in the $64.50-$65.50 range. For now, the price is resisting the pressure and remains above the weekly low.

We need to get back to the 200 EMA and the $66.00 resistance zone if we want to try to get back to the bullish side. With a break above, Litecoin has the opportunity to initiate further bullish consolidation. The possible highest targets are the $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 approach a new weekly low and confirm the bearish momentum. The possible lower targets are the $64.00 and $63.50 levels.