There is an increase in Sponge price
SPONGEUSDT Price Analysis – 07 December
Sponge market may rise above $0.000162 if the bulls maintain their momentum. The upward trend will accelerate following a price break above the $0.000262 resistance level and before the $0.000330 and $0.000402 barrier levels.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000262, $0.000330, $0.000402
Support levels: $0.000196, $0.000169, $0.000136
SPONGEUSDT Long-term Trend: Bullish
The SPONGEUSDT daily chart shows bullishness. As of right now, the coin only costs $0.000246. Prices range from $0.000196 to $0.000262 to give investors more options and enable a larger number of people to purchase Sponge. For the benefit of all investors, the positive trend that will soon start to affect the Sponge market will be in effect. The current strong resistance levels will quickly become support levels if there is a bullish breakout at the $0.000262 level.
Price is above the 21- and 9-period moving averages today; the price may rise above $0.000162 if the bulls maintain their momentum. The upward trend will accelerate following a price break above the $0.000262 resistance level and before the $0.000330 and $0.000402 barrier levels.
SPONGEUSDT medium-term Trend: Bullish
For shorter periods, SPONGEUSDT is the ideal option. The price movement reached the $0.00098 resistance level on November 18 before reversing course and hitting the $0.000196 support level. The coin’s inability to break the $0.000196 support level has led to an increase in the number of investors in it. As demand developed, the sponge’s price went up. Buyers rule Sponge Market these days.
The price is lowered to entice more consumers to the Sponge market. The relative strength index period 14 is displaying a buy signal with the signal lines at 48.
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