Sponge (SPONGEUSDT) Price May Advance in the Direction of $0.00065 Level

 Buyers’ momentum increases in SPONGEUSDT market

SPONGEUSDT Price Analysis – 21 July

In case the bulls keep rising at their current pace. After the price crosses the $0.00038 resistance level, the rising trend will quicken and advance in the direction of the $0.00065 and $0.00087 barrier levels.

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

The price of SPONGEUSDT is in the green on the daily chart. In an effort to draw in more clients, Sponge just lowered its price to $0.000092. This was quickly completed, and the difficulty level restored to its previous level. Sponge is now priced between $0.00038 to $0.00092. This could go on until enough resources are obtained. All investors will benefit from the bullish trend that will most likely begin to affect the SPONGEUSDT market. If a bullish breakout takes place at the $0.00038 level, the strong resistance levels that are now in place will swiftly turn into support levels.

Sponge is expected to surpass the 9-period and 21-period moving averages. The price may go beyond $0.00087. In case the bulls keep rising at their current pace. After the price crosses the $0.00038 resistance level, the rising trend will quicken and advance toward the $0.00065 and $0.00087 barrier levels.

SPONGEUSDT medium-term Trend: Bullish

The greatest choice for shorter periods is SPONGEUSDT. On May 7, the price increased. It ran into the $0.00098 resistance level before tumbling to the $0.00038 support level. Due to the coin’s inability to maintain the $0.00038 support level, more individuals are purchasing it. Sponge costs will increase as demand grows. To entice additional buyers, the price is reduced.

The relative strength index period 14 is displaying a buy signal with the signal lines at 44.

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— $SPONGE (@spongeoneth) July 19, 2023

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