Sponge may rise above $0.000329 level
SPONGEUSDT Price Analysis – 23 August
If the bulls continue to increase at their current pace, the price may rise above $0.000329. SPONGEUSDT will accelerate and get closer to the $0.000404 and $0.000502 barrier levels after breaking through the $0.000329 resistance level. If the level at $0.000262 is broken, the price will drop to $0.000196 and $0.000136.
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 is trying to draw in more customers by lowering its pricing to $0.000136. This was finished quite quickly, and the original level of difficulty was back. Right now, sponge costs anywhere from $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 Hull Suitr crypto signals indicator. If the bulls continue to increase at their current pace, the price may rise above $0.000329. Price will accelerate and get closer to the $0.000404 and $0.000502 barrier levels after breaking through the $0.000329 resistance level. If the level at $0.000262 is broken, the price will drop to $0.000196 and $0.000136.
SPONGEUSDT medium-term Trend: Bullish
For shorter times, SPONGEUSDT is the ideal choice. There was a price surge on May 7, breaking through the resistance level at $0.000610 and falling to the support level at $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 climb in line with demand. The goal of lowering the price is 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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