Sponge (SPONGEUSDT) Price: A Break Above $0.000224 Barrier Level Will Accelerate Bullish Trend

Bulls’ momentum is increasing

SPONGEUSDT Price Analysis – 20 June

If the bulls continue to move at their current pace, Sponge could rise beyond $0.00087. The upward trend will quicken before the $0.00065 and $0.00087 resistance levels and following a price break above the $0.00038 barrier level.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000224, $0.000322, $0.000402

Support levels: $0.000092, $0.00004, $0.00002

SPONGEUSDT Long-term Trend: Bullish

SPONGEUSDT’s daily chart shows favorable movement. Currently, the currency is worth $0.000224. In order to give investors additional options and to enable a large number of people to buy Sponge, prices range from $0.000224 to $0.000092. Riding the upward trend, which will soon start to impact the SPONGEUSDT market, would be advantageous for all investors. If there is a bullish breakout at the $0.000224 level, the present high resistance levels will quickly change into low resistance levels.

Currently, the price is just below both the 9 and 21-period moving averages. The price may go above $0.00087 if the bulls keep moving at their current rate. Prior to the $0.000322 and $0.000402 resistance levels and after a price break above the $0.000224 barrier level, the rising trend will accelerate.

SPONGEUSDT medium-term Trend: Bullish

For shorter time durations, SPONGEUSDT is the ideal option. More people are purchasing the coin as a result of its struggle to keep momentum above the $0.000224 resistance level. On May 7, the price movement first ran into the $0.00098 resistance level before turning around and running into the $0.000092 support level. The sponge’s cost will rise as demand rises. Currently, Sponge Market is run by its patrons.

To encourage more customers to the market, the price is reduced. With the signal lines at 44, the relative strength index period 14 is showing a buy signal.

When a second seems like an eternity…

When seconds feel like forever… ⏳⌛😫 pic.twitter.com/yaDz44uuzh

— $SPONGE (@spongeoneth) June 19, 2023

Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!