Sponge (SPONGEUSDT) Price: All Investors Will Benefit From Bullish Trend That Will Most Likely Begin

SPONGEUSDT price is in the green on the daily chart

SPONGEUSDT Price Analysis – 13 July

In case the bulls continue their current pace, the price might rise beyond $0.00087. Following a price break over the $0.00038 resistance level, the rising trend will quicken and advance in the direction of the $0.00065 and $0.00087 barrier levels.

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, the price of SPONGEUSDT is in the green. In a move to draw in more customers, sponge’s price dropped below $0.000092few days ago. It just took a few hours to complete this before being returned to its initial level. The sponge is now priced between $0.00038 to $0.00092 levels. This could go on until enough resources are obtained. Right now, it just costs $0.000092. All investors will benefit from the bullish trend that will most likely begin to affect the SPONGEUSDT market. If a bullish breakout takes place at the $0.00038 level, the strong resistance levels that are now in place will swiftly turn into support levels.

The price is expected to surpass the 9-period and 21-period moving averages. In case the bulls continue their current pace, the price might rise beyond $0.00087. Following a price break over the $0.00038 resistance level, the rising trend will quicken and advance in the direction of the $0.00065 and $0.00087 barrier levels.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is the best alternative for briefer periods. May 7 saw the price go up to the $0.00098 resistance level before turning around and reaching the $0.00038 support level. Due to the coin’s inability to maintain the $0.00038 support level, more individuals are purchasing it. As demand grows, sponge prices will increase. To attract more customers, the price is reduced.

The relative strength index period 14 is displaying a buy signal with the signal lines at 53.

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