Sponge will keep rising
SPONGE Price Analysis – 15 November
The price will rise to $0.000330 and $0.000402 if the resistance level at $0.000196 is breached. SPONGEUSDT 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. The price is approaching the $0.000196 price level as additional bullish candles emerge. The value of the sponge is rising today, and a robust daily bullish candle is forming in the direction of the $0.000196 barrier level.
The market is dominated by buyers, according to the daily chart. A bullish trend has begun when the price has surpassed both of the Hull Suite crypto signal indicators. 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 positive signs.
SPONGEUSDT Medium-term Trend: Bullish
Sponge’s devoted clientele may help to explain its outstanding medium-term performance. In other words, price actions have been upward since the $0.000087 price level was tested. The market is currently rising and can keep rising until the bulls put up a solid barrier or the resistance level of $0.000196 holds.
The upward advance may aim to test the important resistance levels of $0.000196 and $0.000330. The cryptocurrency may reach the strong barrier level of $0.000330 with just one more push from the bulls. A purchase signal is shown by the rising signal line above the zero of the QQE MOD indicator.
Don’t claim that we didn’t alert you.
Don’t say we didn’t warn you… 🧽️💦 pic.twitter.com/2PVydQkKUJ
— $SPONGE (@spongeoneth) November 9, 2024
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