Buyers are dominating Sponge market
SPONGEUSDT Price Analysis – 19 December
If Sponge breaks over the $0.000196 resistance level, the rising trend will pick up speed, and the $0.000330 and $0.000402 barrier levels could be tested.
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
It is evident that the SPONGEUSDT daily chart is in the positive range. The coin is currently only worth $0.000196. Sponge, which is priced between $0.000196 and $0.000136, seeks to expand investment opportunities and accessibility. The bullish trend that has begun to impact the SPONGEUSDT market will be advantageous to all investors. If there is a bullish breakout at the $0.000196 level, the high resistance levels that are currently in place will soon turn into support levels.
If the bulls keep becoming stronger, the price might hit $0.000196 today because it is above the QQE MOD crypto signal indicator and the histogram is above zero. If the price breaks over the $0.000196 resistance level, the rising trend will pick up speed, and the $0.000330 and $0.000402 barrier levels could be tested.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the best choice for shorter periods of time. On November 18, the price movement veered off course and hit the $0.000081 support level after striking the $0.000196 resistance level. The number of investors has increased as a result of the coin’s inability to breach the $0.000081 support level. The sponge’s price rises in tandem with its demand. Buyers currently control the majority of the sponge market, and prices are increasing.
To attract more customers to the market, the price is reduced. With its signal lines pointing north, the Hull Suite forex indicator is showing a buy signal.
“Keep emotions out of trading,” you say.
https://twitter.com/spongeoneth/status/1869004676919672856
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