{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/price-of-sponge-is-heading-toward-0-000886-resistance-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/price-of-sponge-is-heading-toward-0-000886-resistance-level\/","headline":"Price of Sponge Is Heading Toward $0.000886 Resistance Level","name":"Price of Sponge Is Heading Toward $0.000886 Resistance Level","description":"Sponge market may experience an increase of buyers\u2019 momentum Sponge Price Analysis: 12 February SPONGEUSDT may rise towards the $0.000996 and $0.001158 barrier levels if buyers successfully push the price past the $0.000886 resistance level. If the $0.000886 resistance level persists, the price might drop toward the support levels of $0.000697, $0.000580, and $0.000500 Key […]","datePublished":"2024-02-13","dateModified":"2024-02-13","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/02\/4-hours-9.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/02\/4-hours-9.png","height":685,"width":1515},"url":"https:\/\/forexschoolonline.com\/price-of-sponge-is-heading-toward-0-000886-resistance-level\/","about":["Trade Idea","Trade Setups","Trading"],"wordCount":334,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Sponge market may experience an increase of buyers\u2019 momentumSponge Price Analysis: 12 FebruarySPONGEUSDT may rise towards the $0.000996 and $0.001158 barrier levels if buyers successfully push the price past the $0.000886 resistance level. If the $0.000886 resistance level persists, the price might drop toward the support levels of $0.000697, $0.000580, and $0.000500Key Levels:Resistance Levels: $0.000886, $0.000996, $0.001158Support Levels: $0.000697, $0.000580, $0.000500SPONGEUSDT Long-term Trend: BullishOn the daily chart, Sponge is moving upward. Due to a strong bearish trend, the currency fell to a low of $0.000500 on January 27. The price rose as a result of the bulls successfully holding the just-mentioned level and breaking the $0.000580, and $0.000886 resistance levels. On February 03, the $0.000697 resistance level was tested, and it retreated to try the $0.000580 support level. Last week, more pressure from the buyers broke up $0.000697 level, exposing the coin to $0.000886 resistance level.Bulls may dominate the Sponge market in the upcoming week. The dynamic resistance level is being broken upside by Sponge’s price. The coin is trading above the Hull Suite crypto indicator. The price may rise towards the $0.000996 and $0.001158 barrier levels if buyers successfully push the price past the $0.000886 resistance level. If the $0.000886 resistance level persists, the price might drop toward the support levels of $0.000697, $0.000580, and $0.000500. The QQE MOD is above zero level which may be a buy.SPONGEUSDT Price Medium-term Trend: BullishOn the 4-hour chart, Sponge is rising. When the price approached the $0.000500 support level, the negative trend came to an end. The price moved further north as the bulls acquired greater traction. On the upside, the $0.000697 resistance level has been broken.The price is currently pulling back, the $0.000886 resistance level may be the target. The price is currently trading slightly above both the Hull Suite indication, indicating bullish momentum in the Sponge market. The QQE MOD, indicating a buy signal.Those without $SPONGE would be likePeople who don't own $SPONGE be like:#SpongeV2 #Crypto #Bullish #Altcoins #Web3 #100x pic.twitter.com\/4CmN7thXAW— $SPONGE (@spongeoneth) February 12, 2024Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}