An increase in Sponge price is imminent
SPONGEUSDT Price Analysis – 08 June
Sponge could surpass $0.00087 if the bulls maintain their momentum. The upward trend will accelerate after a price break above the $0.00038 resistance level and before 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
SPONGEUSDT is bullish on the daily chart. For the time being, the crypto just costs $0.00038. The sponge is priced between $0.00038 and $0.00092 to give investors more choices and enable a large number of people to buy the sponge. For the benefit of all investors, the upbeat trend that will soon start to affect the SPONGEUSDT market will be in effect. The substantial resistance levels that are currently in place will quickly become support levels if there is a bullish breakout at the $0.00038 level.
The 9-period and 21-period moving averages are surpassed today by the price. The price could surpass $0.00087 if the bulls maintain their momentum. The upward trend will accelerate after a price break above the $0.00038 resistance level and before the $0.00065 and $0.00087 barrier levels.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the ideal option for shorter time frames. On May 7, the price movement struck a resistance level of $0.00098 before turning around and hitting the $0.00038 support level. More people are investing in the coin as a result of its inability to hold the support level of $0.00038. The sponge’s cost will rise as demand rises. Buyers dominate Sponge Market today.
The price is lowered to entice more shoppers to the market. The relative strength index period 14 displays a buy signal with the signal lines at 53.
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