SafeMoon (SAFEMOON) and Litecoin (LTC) experienced interesting price movements in the cryptocurrency market on Thursday. Let’s delve into the performance, targets, and prices of these two digital assets for the day.
**SafeMoon (SAFEMOON):**
SafeMoon, a relatively new cryptocurrency, has garnered attention for its unique tokenomics and community-driven approach. On Thursday, SafeMoon saw a price surge of 8% as it reached $0.000003197. The trading volume also showed an increase, indicating growing interest from investors.
As for the target for Thursday, SafeMoon aims to break through the resistance level at $0.0000035. If it successfully surpasses this barrier, the next target could be set at $0.000004. However, it is essential to consider the volatile nature of SafeMoon and the potential for sudden price swings.
**Litecoin (LTC):**
Litecoin, often referred to as the silver to Bitcoin’s gold, is a well-established cryptocurrency known for its fast transaction speeds and low fees. Thursday saw Litecoin trading at $151.23, marking a slight increase from the previous day.
For Litecoin’s targets and prices on Thursday, the cryptocurrency aims to break above the $160 resistance level. If successful, the next target could be set at $170. On the downside, support is seen around $145, with further support at $140 to prevent significant price drops.
Overall, both SafeMoon and Litecoin show positive price movements on Thursday, with each cryptocurrency having specific targets to watch out for. Keep in mind that the crypto market is highly unpredictable, so it is essential to conduct thorough research and exercise caution when trading or investing in digital assets.