Sponge (SPONGEUSDT) Price: Current Strong Resistance Levels Will Soon Change into Support Levels

 Buyers’ momentum increases in SPONGEUSDT market

SPONGEUSDT Price Analysis – 24 July

The cost can exceed $0.00087. If the bulls continue to rise at their current rate. The upward trend will accelerate and go in the direction of the $0.00065 and $0.00087 barrier levels when the price crosses the $0.00038 resistance level.

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

On the daily chart, SPONGEUSDT’s price is in the green. Sponge just reduced its pricing to $0.000092 in an effort to entice more customers. The difficulty level returned to its previous level when this was rapidly finished. The current price range for sponges is $0.00038 to $0.00092. This might continue until sufficient resources are acquired. The bullish trend that will most likely start to influence the SPONGEUSDT market will be advantageous to all investors. The current strong resistance levels will quickly change into support levels if a bullish breakout occurs at the $0.00038 level.

The 9-period and 21-period moving averages are anticipated to be surpassed by the price. The cost can exceed $0.00087. If the bulls continue to rise at their current rate. The upward trend will accelerate and go in the direction of the $0.00065 and $0.00087 barrier levels when the price crosses the $0.00038 resistance level.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is the best option for shorter periods. On May 7, the cost went up. Before falling to the $0.00038 support level, it encountered the $0.00098 resistance level. The coin’s inability to hold the $0.00038 support level has led to an increase in people buying it. Costs for sponge will rise as demand rises. Sponge is lowered to draw in more customers.

The relative strength index period 14 is displaying a buy signal with the signal lines at 46.

What do you do when the dip occurs?

📉😮 How do you react when the dip happens? 📉😬 pic.twitter.com/4t3iv3KRa6

— $SPONGE (@spongeoneth) July 24, 2023

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