Sponge’s value is increasing everyday
SPONGE Price Analysis – 18 November
The price will rise to $0.000330 and $0.000402 if the resistance level at $0.000196 is breached. Sponge 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
After stabilizing for a few days, Sponge began to rise on August 7. This is evident when the prolonged daily bullish candle appears and breaks through the $0.000136 resistance level. More bullish candles are appearing, and the price is getting closer to the $0.000196 price level. A strong daily bullish candle is emerging in the direction of the $0.000196 barrier level, and the sponge’s value is increasing today.
The daily chart indicates that buyers control the market. When the price surpasses both of the Hull Suite crypto signal indicators, a bullish trend has started. 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. The QQE MOD forex indicator, meanwhile, shows encouraging signals.
SPONGEUSDT Medium-term Trend: Bullish
Sponge’s exceptional medium-term performance may be explained by its loyal customer base. Stated differently, since the $0.000087 price level was tested, price actions have been upward. Until the bulls set up a strong barrier or the resistance level of $0.000196 holds, the market may continue to rise.
Testing the significant resistance levels of $0.000196 and $0.000330 may be the goal of the upward advance. If the bulls give the cryptocurrency one more push, it might reach the formidable barrier level of $0.000330. The rising signal line above the QQE MOD indicator’s zero indicates a buy signal.
My thoughts when conversing with non-coiners
My brain when talking to no-coiners pic.twitter.com/xtH3lr5ZCz
— $SPONGE (@spongeoneth) November 15, 2024
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