Buyers are increasing in Sponge market
SPONGEUSDT Price Analysis – 27 December
Sponge may rise above $0.000262 under the bulls’ influence. The resistance level of $0.000262 will be tried first, followed by the barrier levels of $0.000330 and $0.000402. Positive momentum will quickly gain speed
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000262, $0.000330, $0.000402
Support levels: $0.000196, $0.000136, $0.000081
SPONGEUSDT Long-term Trend: Bullish
Bullish on the daily SPONGEUSDT chart. The price of the sponge went back to its previous low at the $0.000136 support level in order to provide investors with options and preserve the sponge’s fair pricing for a wide range of market segments. Right now, it just costs $0.000230. This is great news for investors since the rising trend will soon impact the SPONGEUSDT market. With a bullish breakout at $0.000196, the present strong resistance levels will quickly turn into support levels.
It is anticipated that Sponge will increase above the 9 and 21-period moving averages. The price may rise above $0.000262 under the bulls’ influence. The resistance level of $0.000262 will be tried first, followed by the barrier levels of $0.000330 and $0.000402. Positive momentum will quickly gain speed.
SPONGEUSDT medium-term Trend: Bullish
For shorter time spans, SPONGEUSDT is the ideal option. Before reversing course and hitting the $0.000136 support level, the price movement on December 18 faced the $0.000330 resistance level. Keep the coin at the stated support level, and more investors might start to show interest. Demand will cause the sponge’s price to increase. Right now, the prices are lower to entice more clients.
The period 14 indication of the relative strength index will show a buy signal above the 55 level.
GLADLY, Christmas is over.
THANK GOD XMAS IS OVER 🧽🧽💦$SPONGE #SpongeV2 #Sponge pic.twitter.com/5LY225p2iH
— $SPONGE (@spongeoneth) December 27, 2023
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