SPONGEUSDT price will break up $0.00038 level soon
SPONGEUSDT Price Analysis – 19 July
The upward trend will accelerate and move in the direction of the $0.00065 and $0.00087 barrier levels after the price crosses the $0.00038 resistance level.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.00038, $0.00065, $0.00087
Support levels: $0.000092, $0.00004, $0.00002
SPONGEUSDT Long-term Trend: Bullish
On the daily chart, SPONGEUSDT’s price is in the green. In an effort to draw in more consumers, Sponge recently dropped its price to $0.000092. This was completed quickly, and the difficulty level was restored to its initial level. The sponge is now priced between $0.00038 to $0.00092. This could go on until enough resources are obtained. All investors will benefit from the bullish trend that will most likely begin to affect the SPONGEUSDT market. If a bullish breakout takes place at the $0.00038 level, the strong resistance levels that are now in place will swiftly turn into support levels.
The price is expected to surpass the 9-period and 21-period moving averages. The price might surpass $0.00087 if the bulls keep rising at their current clip. After the price crosses the $0.00038 resistance level, the rising trend will quicken and advance toward the $0.00065 and $0.00087 barrier levels.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the best option for shorter periods. On May 7, the price increased. After hitting the $0.00098 resistance level, it dropped to the $0.00038 support level. Due to the coin’s inability to maintain the $0.00038 support level, more individuals are purchasing it. Sponge prices will increase as demand grows. To entice additional buyers, the price is reduced.
The relative strength index period 14 displays a buy signal with the signal lines at 47.
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Relatable? 😄👍🤣 pic.twitter.com/L1tTSvKVZw
— $SPONGE (@spongeoneth) July 19, 2023
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