Sponge (SPONGEUSDT) Price: A Break Above $0.00038 Resistance Level Will Expose $0.00065 Level

More individuals are investing in SPONGEUSDT

SPONGEUSDT Price Analysis – 07 July

Should the bulls keep pushing, Sponge may rise above $0.00087. After a price break above the $0.00038 resistance level and prior to the $0.00065 and $0.00087 barrier levels, the upward momentum will quicken.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.00038, $0.00065, $0.00087

Support levels: $0.000092, $0.00004, $0.00002

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, SPONGEUSDT is in the green. To give investors more options and let a wide number of people purchase sponge at an affordable price, sponge’s pricing ranges from $0.00038 to $0.00092. It just costs $0.00038 at the moment. The positive trend that is about to start affecting the SPONGEUSDT market will be advantageous to all investors. If there is a bullish breakout at the $0.00038 level, the current strong resistance levels will swiftly transform into support levels.

The price is expected to surpass the 9-period and 21-period moving averages. If the bulls keep pushing, the price may rise above $0.00087. After a price break above the $0.00038 resistance level and prior to the $0.00065 and $0.00087 barrier levels, the upward momentum will quicken.

SPONGEUSDT medium-term Trend: Bullish

For shorter time durations, SPONGEUSDT is the best choice. On May 7, the price movement struck the $0.00098 resistance level, then turned around and hit the $0.00038 support level. Because the coin can’t hold the $0.00038 support level, more individuals are investing in it. As demand increases, sponge prices will go up. In order to draw in more customers, the price is reduced.

The relative strength index period 14 is displaying a purchase signal with the signal lines at 50.

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