Sponge (SPONGEUSDT) Price Is Lowered to Draw in More Customers

 Buyers’ momentum increases in SPONGEUSDT market

SPONGEUSDT Price Analysis – 28 July

Sponge can exceed $0.00087. if bulls maintain their current upward trend. The upward trend will accelerate and move in the direction of the $0.00065 and $0.00087 barrier levels after the price crosses the $0.00012 resistance level.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.00012, $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. To entice more consumers, Sponge just reduced the price of its services to $0.000092. The difficulty level immediately returned to its previous level after this was finished. The current price range for sponge is $0.00026 to $0.000092. 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. Sponge can exceed $0.00087. if bulls maintain their current upward trend. The upward trend will accelerate and move in the direction of the $0.00065 and $0.00087 barrier levels after the price crosses the $0.00012 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 $0.00012 support level, it encountered the $0.00098 resistance level. The coin’s inability to hold the $0.00012 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.

The relative strength index period 14 is displaying a buy signal with the signal lines at 43

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Vs

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— $SPONGE (@spongeoneth) July 26, 2023

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