Bulls’ momentum will increase soon
SPONGEUSDT Price Analysis – 22 June
The price may go above $0.00087 if the bulls keep moving at their current rate. The upward trend will accelerate following a price breach above the $0.000224 barrier level and the resistance level of $0.000322 and $0.000402 may be the target.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000224, $0.000322, $0.000402
Support levels: $0.000092, $0.00004, $0.00002
SPONGEUSDT Long-term Trend: Bullish
The SPONGEUSDT daily chart shows an increasing trend. At $0.000224, the coin is seeking a breakout. Currently, the coin is worth $0.000224. In order to give investors additional options and to enable a large number of people to buy sponge, prices range from $0.000224 to $0.000092. Riding the upward trend, which will soon start to impact the SPONGEUSDT market, would be beneficial for all investors.
At this time, the price is just below both the 9- and 21-period moving averages. The price may go above $0.00087 if the bulls keep moving at their current rate. The upward trend will accelerate following a price breach above the $0.000224 barrier level and the resistance level of $0.000322 and $0.000402 may be the target.
SPONGEUSDT medium-term Trend: Bullish
For shorter time durations, SPONGEUSDT is the ideal option. More buyers are becoming interested in the coin as it works to keep momentum above the $0.000224 resistance level. On May 7, the price movement first ran into the $0.00098 resistance level before turning around and running into the $0.000092 support level. The sponge’s cost will rise as demand rises.
To encourage more customers to the market, the price is reduced. With the signal lines at 49, the relative strength index period 14 will display a buy signal.
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