Sponge market is currently dominated by buyers
SPONGEUSDT Price Analysis – 18 December
Sponge may reach $0.000196 today if the bulls continue to gain strength. The upward trend will accelerate and the $0.000330 and $0.000402 barrier levels may be tested if the price breaks over the $0.000196 resistance level
SPONGE/USDT Market
Key levels:
Resistance levels: $0.000196, $0.000330, $0.000402
Support levels: $0.000146, $0.000136, $0.000081
SPONGEUSDT Long-term Trend: Bullish
The SPONGEUSDT daily chart is clearly in the positive range. Now, the coin is worth just $0.000196. Priced between $0.000196 and $0.000136, Sponge aims to increase accessibility and investment opportunities. All investors will benefit from the bullish trend that has started to affect the SPONGEUSDT market. The high resistance levels that are currently in place will quickly become support levels if there is a bullish breakout at the $0.000196 level.
Given that the price is above the QQE MOD crypto signal indication and the histogram is above zero, the price may reach $0.000196 today if the bulls continue to gain strength. The upward trend will accelerate and the $0.000330 and $0.000402 barrier levels may be tested if the price breaks over the $0.000196 resistance level.
SPONGEUSDT medium-term Trend: Bullish
For shorter durations, SPONGEUSDT is the ideal option. After hitting the $0.000196 resistance level on November 18, the price movement swerved off course and struck the $0.000081 support level. The coin’s failure to break through the $0.000081 support level has led to an increase in the number of investors. As demand for the sponge increases, so does its price. The sponge market is currently dominated by buyers, and prices are rising.
The price is lowered to draw more consumers to the market. The Hull Suite forex indicator is displaying a buy signal with its signal lines heading north.
What kind of planet do we inhabit?
Finance bros 🤝 Crypto bros
what world are we living in? 💦💦 pic.twitter.com/8rqCnr3xkG
— $SPONGE (@spongeoneth) December 15, 2024
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