Sponge Price Breaks Up $0.000196 Aiming at $0.000330 Level

Sponge may test reach $0.000330 level

SPONGE Price Analysis – 22 November

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 can fall to the $0.000087 and $0.000004 support levels.

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 a few days of stabilization, Sponge started to increase. When the extended daily bullish candle emerges and breaches the $0.000136 resistance level, this becomes clear. The price is breaking up the $0.000196 price level as additional bullish candles emerge. The value of the sponge is rising today, and a powerful daily bullish candle is forming in the direction above the $0.000196 barrier level.

The daily chart indicates that buyers control the market. When the price surpasses both of the Hull Suite crypto signal indicators, a bullish trend starts. 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 can fall to the $0.000087 and $0.000004 support levels. In the meantime, the QQE MOD forex indicator is showing encouraging signs.

SPONGEUSDT Medium-term Trend: Bullish

Sponge’s devoted clientele may help to explain its outstanding medium-term performance. In other words, price actions have been upward since the $0.000087 price level was tested. The market may continue to increase until the bulls erect a formidable barrier or the resistance level of $0.000330 holds.

The upward advance may aim to test the important resistance levels of $0.000330 and $0.000402. The cryptocurrency may reach the challenging barrier level of $0.000330 if the bulls give it one more push. A purchase signal is shown by the rising signal line above the zero of the QQE MOD indicator.

At 3 AM, this is what your Tradingview app displays.

This is what your Tradingview app sees at 3AM pic.twitter.com/p7REn2OzV2

— $SPONGE (@spongeoneth) November 21, 2024