{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-can-keep-rising-until-bulls-construct-a-solid-barrier-at-0-000502\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-can-keep-rising-until-bulls-construct-a-solid-barrier-at-0-000502\/","headline":"Sponge Can Keep Rising Until Bears Construct a Solid Barrier at $0.000502","name":"Sponge Can Keep Rising Until Bears Construct a Solid Barrier at $0.000502","description":"Bullish momentum may break up $0.000330 level SPONGE Price Analysis \u2013 21 November If the resistance level at $0.000196 is broken, Sponge 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: […]","datePublished":"2023-11-21","dateModified":"2023-11-21","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\/2023\/11\/4-hours-11.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/11\/4-hours-11.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-can-keep-rising-until-bulls-construct-a-solid-barrier-at-0-000502\/","about":["Trade Idea","Trade Setups","Trading"],"wordCount":295,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Bullish momentum may break up $0.000330 levelSPONGE Price Analysis \u2013 21 NovemberIf the resistance level at $0.000196 is broken, Sponge 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 MarketKey Levels:Resistance levels: $0.000330, $0.000402, $0.000502Support levels: $0.000196, $0.000136, $0.000087SPONGEUSDT Long-term Trend: BullishOn August 7, after a short short-ranging movement, 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 breaking the $0.000196 price level. Sponge is climbing right now, and a strong daily bullish candle is emerging above the $0.000196 barrier level.The daily chart shows that buyers are in control of the market. A bullish trend has begun as the price has broken above the 9- and 21-period moving averages (EMAs), with the former above the latter. The price will rise to $0.000402 and $0.000502 if the resistance level at $0.000330 is breached. The price may drop to the $0.000136 and $0.000087 support levels if the $0.000330 level holds and the $0.000196 level allows. Meanwhile, the relative strength index period 14 at 55 levels provides a bullish indication. SPONGEUSDT Medium-term Trend: BullishSponge’s exceptional medium-term performance could be attributed to its devoted clientele. Put another way, price actions have been upward since the $0.000136 price level was broken. Now that the market is rising, it can keep rising until the bulls construct a solid barrier or the $0.000330 resistance level holds.The rising surge can try to breach the important resistance levels of $0.000330 and $0.000402. The coin may hit the $0.000502 high resistance level with one more push from the bulls. A purchase signal is shown by the rising signal line and the RSI (14) getting closer to the 55 levels.Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}