Price reduction leads to buyers increase
SPONGEUSDT Price Analysis – 19 August
If the bulls continue to increase at their current pace, the price may rise above $0.000329. SPONGEUSDT will accelerate and move closer to the $0.000404 and $0.000502 barrier levels after breaking through the $0.000329 resistance level
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000329, $0.000404, $0.000502
Support levels: $0.000262, $0.000196, $0.000136
SPONGEUSDT Long-term Trend: Bullish
The price of SPONGEUSDT is shown as green on the daily chart. Sponge’s pricing has been lowered to $0.000136 in an effort to draw in more clients. This was finished quite quickly, and the difficulty level went back to what it was originally. The price range for sponge right now is $0.000329 to $0.000262. This may continue until sufficient resources are acquired. The bullish trend that is anticipated to start impacting the SPONGEUSDT market will be advantageous to all investors. The current strong resistance levels will quickly become support levels if there is a bullish breakthrough at the $0.000329 level.
It is anticipated that the price of SPONGEUSDT would surpass the crypto signals indicator Hull Suitr. If the bulls continue to increase at their current pace, the price may rise above $0.000329. Price will accelerate and move closer to the $0.000404 and $0.000502 barrier levels after breaking through the $0.000329 resistance level.
SPONGEUSDT medium-term Trend: Bullish
For shorter times, SPONGEUSDT is the ideal choice. It had a price surge on May 7, breaking past the resistance level of $0.000610 and down to the support level of $0.000136. Purchases have increased as a result of the coin’s inability to hold onto the $0.000136 support level, and the price of sponges will grow in line with demand. The price is reduced in an effort to draw in more clients.
A purchase signal with signal lines above zero is displayed by the QQE MOD.
What falls must also rise.
What goes down, must come up 🔥 pic.twitter.com/NUgCh6htu9
— $SPONGE (@spongeoneth) August 17, 2024
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