{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-break-upward-through-0-000136-level\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-break-upward-through-0-000136-level\/","headline":"Sponge (SPONGEUSDT) Price May Break Upward Through $0.000136 Level","name":"Sponge (SPONGEUSDT) Price May Break Upward Through $0.000136 Level","description":"The bulls may continue to rule the market SPONGEUSDT Price Analysis \u2013 01 August As long as Sponge breaks over the $0.000136 resistance level and encounters the $0.000196 and $0.000330 resistance levels, the bulls may continue to rule the market. Key Levels: Supply level: $0.000136, $0.000196, $0.000330 Demand level: $0.000093, $0.000006, $0.000004 SPONGEUSDT Long-term Trend: […]","datePublished":"2023-08-02","dateModified":"2023-08-02","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hours-3.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hours-3.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-break-upward-through-0-000136-level\/","about":["FX Technical Analysis","Price Action Charts in Focus","Trade Idea","Trade Setups"],"wordCount":318,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"The bulls may continue to rule the marketSPONGEUSDT Price Analysis \u2013 01 AugustAs long as Sponge breaks over the $0.000136 resistance level and encounters the $0.000196 and $0.000330 resistance levels, the bulls may continue to rule the market.Key Levels:Supply level: $0.000136, $0.000196, $0.000330Demand level: $0.000093, $0.000006, $0.000004SPONGEUSDT Long-term Trend: BullishSPONGEUSDT is bullish on the daily chart. The triple bottom chart pattern that was created at the support level of $0.000093 is having an influence on the bulls. This is what causes the currency to move bullishly in an eagle-like fashion toward the north. Sponge may break upward through the $0.000136, $0.000196, and $0.000330 resistance levels, rising to the $0.000330 resistance level’s peak.Following the pullback, buyers are entering the sponge market again. The price is trading slightly above the two EMAs and the fast Moving Average (9 periods) is crossing the slow Moving Average (21 periods EMA) upside, all of which point to positive movement. As long as the price breaks over the $0.000136 resistance level and encounters the $0.000196 and $0.000330 resistance levels, the bulls may continue to rule the market.SPONGEUSDT medium-term Trend: BullishSPONGEUSDT is bullish in the 4-hour chart. The medium-term trend remains bullish as pressure from the bulls grows gradually stronger. After bouncing off the support level of $0.000093, the resistance level of $0.000136 is tested. Sponge is now rising and is maintaining its position at $0.000093.As a sign of a market with strong momentum, the two EMAs are attempting to separate from one another. The currency pair is trading between the 9-period and 21-period exponential moving averages, which suggests an upturn. The signal lines on the relative strength index period 14 are bending upward to indicate a purchase signal at 46 levels.Here I am after purchasing some meme coins.My friend after trading in #Crypto\ud83d\ude80\ud83d\udcb0\ud83d\ude0eand then there's me after buying some #MemeCoins\ud83d\ude05\ud83d\udcb8\ud83d\udcc9 pic.twitter.com\/eH2jnA0tiQ— $SPONGE (@spongeoneth) August 1, 2023Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!  "}