All investors will benefit from the positive trend
SPONGEUSDT Price Analysis – 14 December
As long as the bulls maintain their momentum, pricing might cross over $0.000403 resistance level, testing the resistance levels of $0.000502 and $0.000604. The price may drop to the $0.000262 and $0.000196 levels if it breaks below the $0.000330 support level.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000403, $0.000502, $0.000604
Support levels: $0.000330, $0.000262, $0.000196
SPONGEUSDT Long-term Trend: Bullish
Bullish on the daily SPONGEUSDT chart. At the moment, the coin only costs $0.000352. Last week, prices ranged from $0.000196 to $0.000262, giving investors more choices and making sponge more accessible to more people. All investors will benefit from the positive trend that starts to affect the SPONGEUSDT market. If the $0.000403 resistance level sees a bullish breakthrough, the current strong resistance levels will quickly become support levels.
As long as the bulls maintain their momentum, pricing might cross over $0.000403, testing the resistance levels of $0.000502 and $0.000604; it is now above the 9- and 21-period moving averages. The price may drop to the $0.000262 and $0.000196 levels if it breaks below the $0.000330 support level.
SPONGEUSDT medium-term Trend: Bullish
For shorter time horizons, SPONGEUSDT is the optimal option. The price movement on November 18 reversed course and hit the $0.000196 support level after hitting the $0.00098 resistance level. The market presently has more buyers because it broke over the $0.000196 resistance level targeting $0.000403 resistance level. The sponge’s cost rose in tandem with the level of demand. Buyers control Sponge Market these days.
More customers are now attracted to the market, the price is increasing. With the signal lines at 55, the relative strength index period 14 is showing a buy signal.
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— $SPONGE (@spongeoneth) December 14, 2023
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