Sponge Market attracts more bulls
SPONGE Price Analysis – 02 October
SPONGEUSDT will rise to $0.000330 and $0.000402 if the resistance level at $0.000196 is breached. The price may drop to $0.000087 and $0.000004 support levels if the $0.000196 level holds and the $0.000136 level allows. Meanwhile, the histogram of the QQE MOD forex indicator provides a bullish indication.
SPONGEUSDT Market
Key Levels:
Resistance levels: $0.000196, $0.000330, $0.000402
Support levels: $0.000136, $0.000087, $0.000004
SPONGEUSDT Long-term Trend: Bullish
On August 7, after stabilizing for a few days, Sponge started to increase. When the extended daily bullish candle emerges and breaches the $0.000136 resistance level, this becomes clear. With additional bullish candles emerging, the price is getting closer to the $0.000196 price level. Sponge is rising higher today and is approaching the $0.000196 barrier level, where a strong daily bullish candle is building.
The daily chart shows that buyers are in control of the market. A bullish trend has begun as the price broken above the Hull Suite crypto signals indicator. The price will rise to $0.000330 and $0.000402 if the resistance level at $0.000196 is breached. The price may drop to $0.000087 and $0.000004 support levels if the $0.000196 level holds and the $0.000136 level allows. Meanwhile, the histogram of the QQE MOD forex indicator provides a bullish indication.
With Over $17 Million Staked, Sponge V2 This Item Will Be Very Large!
SPONGEUSDT Medium-term Trend: Bullish
The sustained demands of Sponge’s customer base may account for the company’s remarkable medium-term performance. Put another way, price actions have been upward since the $0.000087 price level was tested. As of right now, the market is rising, and it might stay that way until the bulls construct a significant barrier or the $0.000196 resistance level holds.
The upward advance could aim to test the significant resistance of $0.000136 and $0.000330. With one more push from the bulls, the coin might reach the high resistance level of $0.000330. The rising signal line and the QQE MOD above zero level indicate a buy signal.
Pay attention to your steps.
Watch your step ⚡️ pic.twitter.com/zU2ydTKcCs
— $SPONGE (@spongeoneth) September 27, 2024
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