Buyers are increasing
SPONGEUSDT Price Analysis – 18 June
The price may go above $0.00087 if the bulls keep moving at their current rate. Before the $0.00065 and $0.00087 resistance levels and after a price break above the $0.00038 resistance level, the upward trend will accelerate.
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 is positive on the daily chart. Currently, the coin is valued at $0.00038. To give investors additional options and to enable a large number of people to purchase sponge, prices range from $0.00038 to $0.00092. Riding the upward trend, which will soon begin to impact the SPONGEUSDT market, would be good for all investors. If there is a bullish breakout at the $0.00038 level, the current high resistance levels will quickly change into low resistance levels.
At this time, the price is slightly below both the 9 and 21-period moving averages. The price may go above $0.00087 if the bulls keep moving at their current rate. Before the $0.00065 and $0.00087 resistance levels and after a price break above the $0.00038 resistance level, the upward trend will accelerate.
SPONGEUSDT medium-term Trend: Bullish
For shorter time durations, SPONGEUSDT is the ideal option. On May 7, the price movement originally hit the $0.00098 resistance level before turning around and hitting the $0.00038 support level. More people are purchasing the coin as a result of its struggle to hold onto the $0.00038 support level. The sponge’s cost will rise as demand rises. At the moment, Sponge Market is run by its patrons.
To encourage more customers to the market, the price is reduced. With the signal lines at 42, the relative strength index period 14 is showing a buy signal.
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