{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-bulls-may-continue-to-control-sponge-market\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-bulls-may-continue-to-control-sponge-market\/","headline":"Sponge (SPONGEUSDT) Price: Bulls May Continue to Control Sponge Market","name":"Sponge (SPONGEUSDT) Price: Bulls May Continue to Control Sponge Market","description":"Buyers are ready to dominate Sponge market SPONGEUSDT Price Analysis \u2013 02 August The bulls may continue to control the market as long as the price crosses the $0.000136 resistance level and runs into the $0.000196 and $0.000330 resistance levels. Key Levels: Supply level: $0.000136, $0.000196, $0.000330 Demand level: $0.000093, $0.000006, $0.000004 SPONGEUSDT Long-term Trend: […]","datePublished":"2023-08-03","dateModified":"2023-08-03","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hours-6.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hours-6.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-bulls-may-continue-to-control-sponge-market\/","about":["Trade Idea","Trade Setups","Trading","Trading strategy"],"wordCount":306,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Buyers are ready to dominate Sponge marketSPONGEUSDT Price Analysis \u2013 02 AugustThe bulls may continue to control the market as long as the price crosses the $0.000136 resistance level and runs into the $0.000196 and $0.000330 resistance levels.Key Levels:Supply level: $0.000136, $0.000196, $0.000330Demand level: $0.000093, $0.000006, $0.000004SPONGEUSDT Long-term Trend: BullishSPONGEUSDT is bullish on the daily chart. The bulls are being influenced by the bullish chart pattern that was formed at the $0.000093 support level. The currency is being driven by this in a bullish, eagle-like direction toward the north. Sponge may move past the resistance levels of $0.000136, $0.000196, and $0.000330, peaking at the $0.000330 barrier level.Buyers are returning to the sponge market after the slump. The fast Moving Average (9 periods) is crossing the slow Moving Average (21 periods EMA) upward and the price is trading just above the two EMAs, both of which indicate positive movement. The bulls may continue to control the market as long as the price crosses the $0.000136 resistance level and runs into the $0.000196 and $0.000330 resistance levels.SPONGEUSDT medium-term Trend: BullishSPONGEUSDT is bullish in the 4-hour chart. The medium-term trend is still bullish as the bulls’ pressure gets progressively greater. The resistance level of $0.000136 is tested after the price bounces off the support level of $0.000093. The price is now increasing and holding steady at $0.000093.The two EMAs are seeking to split from one another, a sign of a market with significant momentum. Sponge is trading in an upward trend between the 9-period and 21-period exponential moving averages. The relative strength index period 14’s signal lines are bending higher to show a buy signal at levels 46.When you first meet someone who is interested in cryptocurrencyWhen you meet someone who's into #Crypto for the first time\ud83e\udd1d\ud83d\udcb0\ud83e\udd23 pic.twitter.com\/06p1IMfy9v— $SPONGE (@spongeoneth) August 2, 2023 Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}