Sponge Price May Rise to $0.000330 and $0.000402 Level

A strong daily bullish candle is forming

SPONGE Price Analysis – 27 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

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 has broken out of the $0.000196 price level. A strong daily bullish candle is forming over the $0.000196 barrier level, and the sponge’s value is increasing today.

The market is dominated by buyers, according to the daily chart. A bullish trend begins when the price exceeds both of the Hull Suite crypto signal signs. 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, there are positive indications from the QQE MOD forex indicator.

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 establish a strong barrier or the resistance level of $0.000330 holds, the market may rise further.

It’s possible that the current increase was meant to test the crucial resistance levels of $0.000330 and $0.000402. If the bulls give the cryptocurrency one more push, it can hit the difficult barrier level of $0.000330. The rising signal line above the QQE MOD indicator’s zero indicates a buy signal.

Experience the bliss.

feel the euphoria 💦💦💦 pic.twitter.com/MN0MMZ5JGO

— $SPONGE (@spongeoneth) November 27, 2024