Sponge (SPONGEUSDT) Price: More Buyers Are Expressing Interest in It

The bulls’ momentum will increase

SPONGEUSDT Price Analysis – 27 June

The price may go above $0.00087 if the bulls maintain their present rate of movement. The upward trend will gain momentum after the price breaks above the $0.000224 barrier level, and the resistance levels of $0.000322 and $0.000402 may be the following stops.

 

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

SPONGEUSDT daily chart shows an increasing trend. The coin is waiting for a breakout at $0.000224. The value of the coin right now is $0.000224. Prices range from $0.000224 to $0.000092 in order to provide investors with more options and to allow a big number of people to purchase sponge. All investors would benefit from riding the upward trend, which will soon start to influence the SPONGEUSDT market.

The 9-period moving average and the 21-period moving average are just above the price. If the bulls continue to climb at their current pace, the price may rise beyond $0.00087. After the price crosses the $0.000224 barrier level, the upward trend will pick up speed, and the next stops might be the $0.000322 and $0.000402 resistance levels.

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SPONGEUSDT medium-term Trend: Bullish

For shorter time durations, SPONGEUSDT is the ideal option. As the coin attempts to maintain momentum over the $0.000224 resistance level, more buyers are expressing interest in it. The price movement initially encountered the $0.00098 resistance level before reversing course and encountering the $0.000092 support level. The price of the sponge will increase as demand grows.

The price is lowered to entice more shoppers to the market. The relative strength index period 14 will give a purchase signal with the signal lines at 55.

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— $SPONGE (@spongeoneth) June 25, 2023

 

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