On the daily chart, SPONGEUSDT price is in the green
SPONGEUSDT Price Analysis – 14 July
In case the bulls keep moving forward at their current rate, Sponge may go above $0.00087. The upward trend will accelerate and go in the direction of the $0.00065 and $0.00087 barrier levels when the price crosses the $0.00038 resistance level.
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
The price of SPONGEUSDT is in the green on the daily chart. A few days ago, the sponge’s price fell to $0.000092 in an effort to attract more buyers. It only took a few hours to finish this before going back to the first level. Prices for sponge now range from $0.00038 to $0.00092. This might continue until sufficient resources are acquired. It just costs $0.000092 at the moment. The bullish trend that will most likely start to influence the SPONGEUSDT market will be advantageous to all investors. The current strong resistance levels will quickly change into support levels if a bullish breakout occurs at the $0.00038 level.
The 9-period and 21-period moving averages are anticipated to be surpassed by the price. If the bulls keep moving forward at their current rate, the price may go above $0.00087. The upward trend will accelerate and go in the direction of the $0.00065 and $0.00087 barrier levels when the price crosses the $0.00038 resistance level.
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SPONGEUSDT medium-term Trend: Bullish
The greatest choice for shorter periods is SPONGEUSDT. Price rose to the $0.00098 resistance level on May 7 before declining to the $0.00038 support level. The coin’s inability to hold the $0.00038 support level has led to an increase in people buying it. Prices for sponge will rise as demand develops. The cost is decreased in order to draw in more clients.
With the signal lines at 53, the relative strength index period 14 is showing a buy signal.
It’s what everyone claims.
It's what they all say 😅 pic.twitter.com/zB4v0fDzAn
— $SPONGE (@spongeoneth) July 13, 2023
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