Sponge (SPONGEUSDT) Price Faces $0.000330 Resistance Level

Buyers are pushing up Sponge price

SPONGEUSDT Price Analysis – 29 December

If the bulls continue to advance, Sponge can rise above $0.000330. Positive momentum will accelerate following a price break above the $0.000330 resistance level and before the $0.000403 and $0.000503 barrier levels

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000330, $0.000403, $0.000503

Support levels: $0.000262, $0.000196, $0.000136

SPONGEUSDT Long-term Trend: Bullish

SPONGEUSDT daily chart shows bullishness. Sponge was priced from $0.000262 to $0.000196 in order to provide investors with a range of choices and ensure that a broad spectrum of consumers could buy it. Right now, it just costs $0.00024. They will benefit from the increasing trend that starts to affect the SPONGEUSDT market. These current high resistance levels will quickly turn into support levels upon a bullish breakout at the $0.000330 level.

The price is rising above the 9- and 21-period moving averages. If the bulls continue to advance, the price can rise above $0.000330. Positive momentum will accelerate following a price break above the $0.000330 resistance level and before the $0.000403 and $0.000503 barrier levels.

SPONGEUSDT medium-term Trend: Bullish

For shorter time horizons, SPONGEUSDT is the optimal option. Before reversing course and hitting the $0.000196 support level, the price movement on December 18 faced the $0.000330 resistance level. As long as the specified support level is maintained, more people are making investments in the coin. The demand will drive up the price of the sponge. Right now, the prices are lower to entice more clients.

With the signal lines at 51, the relative strength index period 14 indicator displays a bearish signal.

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