{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-price-will-continue-to-rise\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-price-will-continue-to-rise\/","headline":"Sponge Price Will Continue to Rise","name":"Sponge Price Will Continue to Rise","description":"Sponge market is controlled by purchasers SPONGE Price Analysis \u2013 07 November If the resistance level at $0.000145 is broken, Sponge will increase to $0.000253 and $0.000330. If the $0.000196 level holds and the $0.000136 level permits, the price can fall to the $0.000081 and $0.000006 support levels. SPONGEUSDT Market Key Levels: Resistance levels: $0.000145, [&hellip;]","datePublished":"2024-11-08","dateModified":"2024-11-09","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\/11\/Daily-6.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/11\/Daily-6.png","height":573,"width":1281},"url":"https:\/\/forexschoolonline.com\/sponge-price-will-continue-to-rise\/","about":["Trade Idea","Trade Setups","Trading","Trading Mindset &amp; Psychology"],"wordCount":297,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Sponge market is controlled by purchasersSPONGE Price Analysis \u2013 07 NovemberIf the resistance level at $0.000145 is broken, Sponge will increase to $0.000253 and $0.000330. If the $0.000196 level holds and the $0.000136 level permits, the price can fall to the $0.000081 and $0.000006 support levels.SPONGEUSDT MarketKey Levels:Resistance levels: $0.000145, $0.000253, $0.000330Support levels: $0.000136, $0.000081, $0.000006SPONGEUSDT Long-term Trend: BullishAfter 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. The price is approaching the $0.000196 price level as additional bullish candles arise. Near the $0.000136 barrier level, where the sponge may rise this week, a robust daily bullish candle is formed.The market is controlled by purchasers, as the daily chart demonstrates. When the price surpassed both of the Hull Suite crypto signaling indications, a bullish trend started. If the resistance level at $0.000145 is broken, the price will increase to $0.000253 and $0.000330. If the $0.000196 level holds and the $0.000136 level permits, the price can fall to the $0.000081 and $0.000006 support levels. Meanwhile, a helpful signal is provided by the QQE MOD indicator, whose histogram is above the zero line.SPONGEUSDT Medium-term Trend: BullishSponge&#8217;s outstanding performance over the medium term can be due to its clients&#8217; ongoing expectations. Stated differently, since the $0.000087 price level was tested, price actions have been upward. The market may continue to rise unless the bulls offer a strong barrier or the $0.000196 resistance level holds.The significant resistance levels of $0.000253 and $0.000330 could be the objective of the upward advance. The coin can hit the high resistance level of $0.000330 with one more push from the bulls. A buy signal is indicated by the rising signal line of the QQE MOD indicator.Constantly absorbing the DAMPAbsorbing the DAMP 24\/7 \ud83d\udca6\ud83d\udca6 pic.twitter.com\/2h74WpMPcc&mdash; $SPONGE (@spongeoneth) October 27, 2024&nbsp;"}