Sponge Price May Breakout at $0.000196

Current resistance level will soon turn to support level

SPONGEUSDT Price Analysis – 25 December

The upward trend will accelerate and the $0.000330 and $0.000402 barriers may be tested if the price breaks over the $0.000196 resistance mark in SPONGEUSDT market.

SPONGE/USDT Market

Key levels:

Resistance levels: $0.000196, $0.000330, $0.000402

Support levels: $0.000146, $0.000136, $0.000081

SPONGEUSDT Long-term Trend: Bullish

The SPONGEUSDT daily chart is clearly in the bullish range. At the moment, the coin is worth a pittance of $0.000196. Sponge, which costs between $0.000196 and $0.000136, aims to increase accessibility and investment opportunities. All investors will benefit from the bullish trend that has started to affect the SPONGEUSDT market. The high resistance levels that are currently in place will quickly become support levels if there is a bullish breakout at the $0.000196 level.

If the bulls continue to gain strength, the price might reach $0.000196 today because it is above the QQE MOD crypto signal indicator and the histogram is above zero. The upward trend will accelerate and the $0.000330 and $0.000402 barriers may be tested if the price breaks over the $0.000196 resistance mark.

SPONGEUSDT medium-term Trend: Bullish

For shorter durations, SPONGEUSDT is the ideal option. After hitting the $0.000196 resistance level on November 18, the price movement swerved off course and reached the $0.000081 support level. The coin’s failure to break through the $0.000081 support level has led to an increase in the number of investors. As demand for the sponge increases, so does its price. The sponge market is currently controlled by purchasers, and prices are rising.

The price is lowered to draw more consumers to the market. The Hull Suite forex indicator is displaying a buy signal with its signal lines heading north.

To all of the #SPONGERS worldwide, happy Christmas!

Merry Christmas to all the #SPONGERS around the world 🧽🎄

Now go touch some grass 💦💦 pic.twitter.com/8sPj37mlrK

— $SPONGE (@spongeoneth) December 25, 2024