Sponge (SPONGEUSDT) Price: All Investors Would Benefit from Riding Upward Trend

Bulls’ momentum is increasing

SPONGEUSDT Price Analysis – 19 June

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

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

SPONGEUSDT’s daily chart shows favorable movement. The coin is now worth $0.00038. Prices range from $0.00038 to $0.00092 to provide investors with more options and to allow a wide number of people to purchase sponge. All investors would benefit from riding the upward trend, which will soon start to affect the SPONGEUSDT market. The current high resistance levels will swiftly turn into low resistance levels if there is a bullish breakout at the $0.00038 level.

The price is currently marginally under both the 9 and 21-period moving averages. If the bulls continue to move at their current pace, the price could rise beyond $0.00087. The upward trend will quicken before the $0.00065 and $0.00087 resistance levels and follow a price break above the $0.00038 barrier level.

SPONGEUSDT medium-term Trend: Bullish

The best choice is SPONGEUSDT for shorter time periods. The price movement initially encountered the $0.00098 resistance level on May 7 before reversing course and encountering the $0.00038 support level. As a result of the coin’s inability to maintain momentum above the $0.00038 support level, more people are buying it. The price of the sponge will increase as demand grows. Sponge Market is currently managed by its customers.

The price is lowered to entice more shoppers to the market. The relative strength index period 14 is displaying a buy signal with the signal lines at 49.

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— $SPONGE (@spongeoneth) June 19, 2023

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