{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-price-may-break-up-resistance-level-of-0-000886\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-price-may-break-up-resistance-level-of-0-000886\/","headline":"Sponge Price May Break Up Resistance Level of $0.000886","name":"Sponge Price May Break Up Resistance Level of $0.000886","description":"Buyers’ pressure incrases in the sponge market Sponge Price Analysis: 15 February Sponge may rise toward the $0.000996 and $0.001158 barrier levels if buyers are successful in pushing the price past the $0.000886 resistance level. If the $0.000886 resistance level persists, the price may drop into the support levels of $0.000697, $0.000580, and $0.000500. Key […]","datePublished":"2024-02-16","dateModified":"2024-02-17","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\/2024\/02\/4-hours-13.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/02\/4-hours-13.png","height":685,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-price-may-break-up-resistance-level-of-0-000886\/","about":["Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":365,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Buyers’ pressure incrases in the sponge marketSponge Price Analysis: 15 FebruarySponge may rise toward the $0.000996 and $0.001158 barrier levels if buyers are successful in pushing the price past the $0.000886 resistance level. If the $0.000886 resistance level persists, the price may drop into the support levels of $0.000697, $0.000580, and $0.000500.Key Levels:Resistance Levels: $0.000886, $0.000996, $0.001158Support Levels: $0.000697, $0.000580, $0.000500SPONGEUSDT Long-term Trend: BullishSponge’s daily chart is getting higher. Due to a strong bearish trend, the currency fell as low as $0.000500 on January 27. The price increased as a result of the bulls’ ability to hold onto the previously mentioned level and break through resistance at $0.000580 and $0.000886. On February 3, it tested the $0.000697 resistance level and then withdrew to look into the $0.000580 support level. Last week, more purchasing pressure broke the $0.000697 barrier, allowing the coin to reach the $0.000886 resistance level.Bulls may control the sponge market in the upcoming week. Sponge’s price is breaching the dynamic resistance level on the upside. The coin is trading above the Hull Suite crypto indicator. The price may rise toward the $0.000996 and $0.001158 barrier levels if buyers are successful in pushing the price past the $0.000886 resistance level. If the $0.000886 resistance level persists, the price may drop into the support levels of $0.000697, $0.000580, and $0.000500. Given that the QQE MOD is more than zero, buying would be a wise decision. Join best forex signals telegram.SPONGEUSDT Price Medium-term Trend: BullishThe 4-hour chart for Sponge is going upward. The price began to approach the $0.000500 support level, marking the end of the negative trend. The price kept moving north as the bulls gained greater traction. On the upside, the $0.000697 resistance level has been broken.The resistance level at $0.000886 might be the target given the current price decline. The price of the sponge market is currently trading slightly above both the Hull Suite signal, indicating positive momentum. The QQE MOD indicates a buy signal.Don’t miss out on #SpongeV2 if you missed out on $SPONGE V1!If you missed out on $SPONGE V1, don't miss out on #SpongeV2!Time to stake your $SPONGE! \ud83d\ude80\ud83e\uddfd#MemeCoin #Web3 #Altcoins #BullMarket #Bullish #Trade pic.twitter.com\/oNwatR7ihw— $SPONGE (@spongeoneth) February 10, 2024Invest in the hottest and best meme coin? Buy SpongeBob ($SPONGE) today!"}