Sponge (SPONGEUSDT) Price: All Investors Will Benefit From Upcoming Bullish Trend

SPONGEUSDT price is aiming above $0.00038

SPONGEUSDT Price Analysis – 17 July

The price may surpass $0.00087 if the bulls continue to advance at their current pace. When the price crosses the $0.00038 resistance level, the rising trend will quicken and go 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, SPONGEUSDT’s price is in the green. Sponge’s pricing just decreased to $0.000092 in an effort to draw in more customers. This was completed in a short amount of time, and then it went back to the previous 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. The price may surpass $0.00087 if the bulls continue to advance at their current pace. When the price crosses the $0.00038 resistance level, the rising trend will quicken and go in the direction of the $0.00065 and $0.00087 barrier levels.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is the best option for shorter periods. On May 7, the price increased and reached the $0.00098 resistance level before falling to the $0.00038 support level. Due to the coin’s inability to maintain the $0.00038 support level, more individuals are purchasing it. Sponge costs will increase as demand grows. To entice more customers, the price is reduced.

The relative strength index period 14 is displaying a buy signal with the signal lines at 40.

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