{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-price-upward-trend-persists-as-bulls-pressure-increase\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-price-upward-trend-persists-as-bulls-pressure-increase\/","headline":"SPONGE Price: Upward Trend Persists as Bulls\u2019 Pressure Increase","name":"SPONGE Price: Upward Trend Persists as Bulls\u2019 Pressure Increase","description":"SPONGE breaks above $0.000136 level SPONGEUSDT Price Analysis \u2013 05 December The trend may remain bullish as long as the bulls continue to rise. If the resistance level of $0.000146 is broken higher, the price levels of $0.000196 and $0.000330 could be examined. Bears can find support at $0.000136, $0.000081, and $0.000006 if the $0.000146 […]","datePublished":"2024-12-05","dateModified":"2024-12-05","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\/12\/Daily-3.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/12\/Daily-3.png","height":573,"width":1281},"url":"https:\/\/forexschoolonline.com\/sponge-price-upward-trend-persists-as-bulls-pressure-increase\/","about":["Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":293,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"SPONGE breaks above $0.000136 levelSPONGEUSDT Price Analysis \u2013 05 DecemberThe trend may remain bullish as long as the bulls continue to rise. If the resistance level of $0.000146 is broken higher, the price levels of $0.000196 and $0.000330 could be examined. Bears can find support at $0.000136, $0.000081, and $0.000006 if the $0.000146 resistance level holds in Sponge market,SPONGE\/USDT MarketKey levels:Resistance levels: $0.000146, $0.000196, $0.000330Support levels: $0.000136, $0.000081, $0.000006SPONGEUSDT Long-term Trend: BullishBullish is the daily SPONGEUSDT chart. The price increased gradually starting on October 28 and reached its highest point at $0.000196. The bulls were able to break above the target level when a bullish engulfing candle formed. As additional positive candles were lighted, the SPONGE continued to rise. After failing to break through the upward $0.000196 barrier, it is now retesting the $0.000136 barrier.The SPONGE market is dominated by purchasing power. As long as the price remains above the Hull Suite, the crossover of the aforementioned crypto signals indicator points to a positive trend. The trend may remain bullish as long as the bulls continue to rise. If the resistance level of $0.000146 is broken higher, the price levels of $0.000196 and $0.000330 could be examined. Bears can find support at $0.000136, $0.000081, and $0.000006 if the $0.000146 resistance level holds..SPONGEUSDT medium-term Trend: BullishThe four-hour SPONGEUSDT chart is trending upward. The sponge market was dominated by buyers last week. The upward trend persisted as the pressure on the bulls increased with time. At $0.000136, the resistance level was surpassed. The price is approaching the $0.000146 resistance level as a result of the bulls’ increasing push.A bull market is suggested by the cryptocurrency’s trading above the Hull Suite. A gain is shown when the price is over the QQE MOD crypto indicator’s zero line.Right now, crypto dudes are attempting everything.https:\/\/twitter.com\/spongeoneth\/status\/1863191357654737400 "}