Bullish momentum increases in SPONGEUSDT market
SPONGEUSDT Price Analysis – 20 July
The upward trend will accelerate and move Sponge n the direction of the $0.00065 and $0.00087 barrier levels after 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 lowered its pricing to $0.000092 in an effort to entice more customers. The difficulty level returned to its original level when this was finished swiftly. The current price range for sponge 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. If the bulls continue to rise at their current rate, the price might exceed $0.00087. The upward trend will accelerate and move toward the $0.00065 and $0.00087 barrier levels after the price crosses the $0.00038 resistance level.
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SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the best option for shorter periods. On May 7, the cost went up. It fell to the $0.00038 support level after encountering 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. Prices for sponges will rise as demand rises. The price is lowered to draw in more customers.
With the signal lines at 44, the relative strength index period 14 is showing a buy signal.
Every pump matters.
Every pump counts💪📈💸🤣 pic.twitter.com/fu9mRXp4RY
— $SPONGE (@spongeoneth) July 20, 2023
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