Price is getting closer to $0.000196 level
SPONGE Price Analysis – 13 November
SPONGEUSDT will rise to $0.000330 and $0.000402 if the resistance level at $0.000196 is breached. The price may drop to the $0.000087 and $0.000004 support levels if the $0.000196 level holds and the $0.000136 level allows.
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. As more bullish candles appear, the price is getting closer to the $0.000196 price level. Sponge is increasing in value today, and a strong daily bullish candle is emerging towards the $0.000196 barrier level.
The market is dominated by buyers, according to the daily chart. A bullish trend has begun as the price has broken above both the Hull Suite crypto signal 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 the $0.000087 and $0.000004 support levels if the $0.000196 level holds and the $0.000136 level allows. Meanwhile, the QQE MOD forex indicator provides a bullish signals.
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SPONGEUSDT Medium-term Trend: Bullish
Sponge’s devoted customer base may account for its impressive medium-term performance. In other words, price actions have been upward since the $0.000087 price level was tested. Right now, the market is rising, and it can keep rising until the bulls create a solid barrier or the $0.000196 resistance level holds.
The upward advance may aim to test the important resistance of $0.000196 and $0.000330. The crypto could reach the strong resistance level of $0.000330 in just one more push from the bulls. A purchase signal is shown by the rising signal line above zero of QQE MOD indicator.
Are you able to tolerate the moisture?
Can you handle the damp? 💦 pic.twitter.com/2rlEPpbUgn
— $SPONGE (@spongeoneth) November 13, 2024
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