Sponge price began to rise
SPONGE Price Analysis – 04 October
If the resistance level at $0.000196 is broken, the price will increase to $0.000330 and $0.000402. If the $0.000196 level holds and the $0.000136 level permits, SPONGEUSDT might fall to the $0.000087 and $0.000004 support levels. In the meantime, the QQE MOD forex indicator’s histogram offers a bullish signal.
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
After stabilizing for a few days, Sponge began to rise on August 7. This is evident when the prolonged daily bullish candle appears and breaks through the $0.000136 resistance level. The price is approaching the $0.000196 price level as more bullish candles emerge. A powerful daily bullish candle is forming at the $0.000196 barrier level, which is where sponge is rising higher today.
The daily chart indicates that the market is dominated by buyers. With the price breaking above the Hull Suite crypto signals indicator, a bullish trend has started. If the resistance level at $0.000196 is broken, the price will increase to $0.000330 and $0.000402. If the $0.000196 level holds and the $0.000136 level permits, the price might fall to the $0.000087 and $0.000004 support levels. In the meantime, the QQE MOD forex indicator’s histogram offers a bullish signal.
With Over $17 Million Staked, Sponge V2 This Item Will Be Very Large!
SPONGEUSDT Medium-term Trend: Bullish
The company’s outstanding medium-term performance might be explained by the loyal clientele of Sponge. Stated differently, since the $0.000087 price level was tested, price actions have been upward. The market is increasing as of right now, and it may continue to rise until the bulls build a sizable barrier or the $0.000196 resistance level holds.
Testing the significant resistance of $0.000136 and $0.000330 could be the goal of the upward advance. The coin may hit the $0.000330 high resistance level with one more push from the bulls. A buy signal is shown by the rising signal line and the QQE MOD above zero level.
Forward and up! 🚀
Onwards and upwards 🚀 pic.twitter.com/J2c7ZVEUdK
— $SPONGE (@spongeoneth) September 23, 2024
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