Sponge will increase fast soon
SPONGEUSDT Price Analysis – 03 January
The $0.000330 and $0.000402 levels, which are expected to appear after the market decline, are the next upward goals for the Sponge if it is successful in breaking over the $0.000196 level of resistance.
SPONGE/USDT Market
Key levels:
Resistance levels: $0.000196, $0.000330, $0.000402
Support levels: $0.000146, $0.000136, $0.000081
SPONGEUSDT Long-term Trend: Bullish
The long-term forecast for the SPONGEUSDT is promising. A few weeks ago, when the price of Sponge reached $0.000196, it found resistance. However, sellers continued to drive the SPONGEUSDT market lower throughout the past week. Recently, the coin’s value exceeded $0.000136. Daily candles were beginning to develop that were more bullish than bearish, and the level of $0.000196 was about to be reached. On December 6, the price briefly rose to the height of $0.000196 before dropping. The price will return to its previous peak fast.
The bullish trend is accelerating, according to the rising crossover of the sponge and the crypto signals. The Hull Suite milestone is also getting closer. The $0.000330 and $0.000402 levels, which are expected to appear after the market decline, are the next upward goals for the Sponge if it is successful in breaking over the $0.000196 level of resistance. If the bears are successful in holding the resistance level of $0.000196, the price may go below the support levels of $0.000136. The QQE MOD signal lines, which is pointing upward, is providing a buy signal.
SPONGEUSDT Medium-term Trend: Bullish
SPONGEUSDT predicts a healthy medium-term outlook. Since bulls are beginning to reappear, the market is rising strongly. Buyers outnumbered sellers during the four weeks before December 8th, when the resistance level of $0.000146 was breached. The price will return to the previous high level as long as the bulls’ momentum remains.
The price is above the Hull Suite crypto signals indicator. The QQE MOD is above zero levels, the signal line is pointing up, and buying is advised.
Feelings after Christmas
Post-xmas vibes 💦🎅 pic.twitter.com/mFLK6ylOu2
— $SPONGE (@spongeoneth) December 26, 2024
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