Sponge (SPONGEUSDT) Price: To Draw in More Customers, Price Is Reduced

SPONGEUSDT price is in the green on the daily chart

SPONGEUSDT Price Analysis – 11 July

If the bulls continue to gain momentum, Sponge can go beyond $0.00087. After a price break over the $0.00038 resistance level, the upward trend will pick up speed and go in the direction of the $0.00065 and $0.00087 barrier levels.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.00038, $0.00065, $0.00087

Support levels: $0.000092, $0.00004, $0.00002

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, the SPONGEUSDT price is in the green. The sponge was devalued yesterday,  below $0.000092, in an effort to draw in more purchasers. Before it was returned to its previous level, this was completed in a matter of hours. Sponge currently has a price range of $0.00038 to $0.00092. This could go on until enough resources are obtained. Right now, it just costs $0.000092. All investors will benefit from the bullish trend that is most likely to begin affecting the SPONGEUSDT market. If a bullish breakout takes place at the $0.00038 level, the strong resistance levels that are now in place will swiftly turn into support levels.

The price is expected to surpass the 9-period and 21-period moving averages. If the bulls continue to gain momentum, the price can go beyond $0.00087. After a price break over the $0.00038 resistance level, the upward trend will pick up speed and go in the direction of the $0.00065 and $0.00087 barrier levels.

New Meme Coin Review for $SPONGE

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is the best choice for shorter time frames. The $0.00098 resistance level was reached by the price movement on May 7 before it turned around and hit the $0.00038 support level. Because the coin can’t hold the $0.00038 support level, more individuals are purchasing it. Sponge costs will increase as demand increases. To draw in more customers, the price is reduced.

The relative strength index period 14 is displaying a buy signal with the signal lines at 37.

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— $SPONGE (@spongeoneth) June 27, 2023

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