{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-soar-higher-soon\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-soar-higher-soon\/","headline":"Sponge (SPONGEUSDT) Price May Soar Higher Soon","name":"Sponge (SPONGEUSDT) Price May Soar Higher Soon","description":"Price will increase above $0.000196 SPONGEUSDT Price Analysis \u2013 09 August Sponge increases to the $0.000330 and $0.000402 levels are possible if the $0.000196 barrier is overcome.\u00a0 The price may retrace and settle against the $0.000136, $0.000093, and $0.000006 support levels if the bears are successful in holding the $0.000196 resistance level. Key Levels: Supply […]","datePublished":"2023-08-10","dateModified":"2023-08-10","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-13.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hours-13.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-may-soar-higher-soon\/","about":["Trade Idea","Trade Setups","Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":355,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Price will increase above $0.000196SPONGEUSDT Price Analysis \u2013 09 AugustSponge increases to the $0.000330 and $0.000402 levels are possible if the $0.000196 barrier is overcome.\u00a0 The price may retrace and settle against the $0.000136, $0.000093, and $0.000006 support levels if the bears are successful in holding the $0.000196 resistance level.Key Levels:Supply level: $0.000196, $0.000330, $0.000402Demand level: $0.000136, $0.000093, $0.000006 SPONGEUSDT Long-term trend: BullishSPONGEUSDT is bullish on the daily chart. Sellers dominated SPONGE\/USDT market for more than two weeks. The downward trend pushed the price to test the $0.000093 support level in order to offer more buyers a chance. An ascending bullish engulfing candle formed at the stated level. The $0.000136 resistance level was broken as the price increased. The resistance level of $0.000196 is being approached by the price as it rises.A bullish market is indicated by SPONGEUSDT currently trading above the 9-period and 21-period exponential moving averages.\u00a0 The relative strength index period 14 signal lines are pointing up, indicating a purchase signal and the index is at 41 levels. Price increases to the $0.000330 and $0.000402 levels are possible if the $0.000196 barrier is overcome.\u00a0 The price may retrace and settle against the $0.000136, $0.000093, and $0.000006 support levels if the bears are successful in holding the $0.000196 resistance level.SPONGEUSDT Medium-term Trend: BullishSPONGEUSDT is on the bullish movement in the medium-term outlook. Sponge was in a range of resistance last week between $0.000136 and $0.000093. As the bulls’ impetus increases, the price is being driven toward the dynamic resistance levels. The $0.000136 resistance level is currently under increased pressure from buyers. The price has been exposed to $0.000196 as of yesterday.Bulls are currently in charge of the market since the price is trading above both the 9-period EMA and the 21-period EMA. The period 14 relative strength index, on the other hand, is at 41 levels and pointing up, indicating a buy signal.Oh yeah, I’m eager to find out how much my bitcoin is now worth!Nurse: Sir, you've been in a coma for 9 seconds \ud83d\ude34Me: Oh boy, I can't wait to see how much my #Bitcoin is worth now! \ud83e\udd11\ud83d\ude80 pic.twitter.com\/Ur1PhxwIVw— $SPONGE (@spongeoneth) August 6, 2023 Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}