Sponge (SPONGEUSDT) Price: Bulls Continue to Gain Momentum

The number of buyers in the sponge market is rising

SPONGEUSDT Price Analysis –29 June

When the price breaks above the $0.000224 resistance level, the price will increase to the $0.000322 and $0.00042 barrier levels as the bullish trend gains momentum.

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

The price of SPONGEUSDT is bullish on the daily chart. As the bulls continue to gain momentum, the increase will accelerate. The price of the cryptocurrency is $0.000224 since there are still openings for new investors. More buyers are entering the market, which is helping the bulls advance. When sufficient investor assets have accumulated, the price of the sponge will move outside of the range. Those that profit from the anticipated SPONGEUSDT market recovery will be pleased.  At a price of $0.000224, Sponge draws more investors.

As bulls prepare to gather additional impetus, the price may increase above $0.000322. The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. After breaking above the $0.000224 resistance level, the price will increase to the $0.000322 and $0.00042 barrier levels as the bullish trend gains momentum.

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SPONGEUSDT medium-term Trend: Bullish

According to SPONGEUSDT, there is a bullish medium-term trend. When the price of the sponge crosses the two dynamic resistance levels, a move to the north is about to take place. The cost was reduced in order to draw in more customers. Price initially encountered resistance at $0.00098. The price trend changed downward to the $0.000224 level as the price approached the $0.00038 barrier level. More people are purchasing the coin as a result of its slide from its previous support level of $0.00024.

Prices for sponge will rise as demand rises. With the signal lines at 43, the relative strength index period 14 will provide a buy signal.

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