Sponge (SPONGEUSDT) Price: Resistance Level at $0.000196 Will be Tried

Sponge price can rise over $0.000196 level

SPONGEUSDT Price Analysis – 25 December

If the bulls continue to advance, Sponge can rise over $0.000196. The resistance level at $0.000196 will be tried, followed by the $0.000262 and $0.000330 barrier levels. Positive momentum will quickly gain steam.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000196, $0.000262, $0.000330

Support levels: $0.000136, $0.000081, $0.000006

SPONGEUSDT Long-term Trend: Bullish

SPONGEUSDT daily chart shows bullishness. The price of sponge went back to the previous low at the $0.000136 support level to provide investors with a range of choices and to keep sponge reasonably priced for a broad segment of the market. Right now, it just costs $0.000196. The SPONGEUSDT market will soon be impacted by the increasing trend, which is good news for investors. With a bullish breakout at $0.000196, the current strong resistance levels will turn into support levels very quickly.

It is anticipated that the price would increase above the 9 and 21-period moving averages. If the bulls continue to advance, the price can rise over $0.000196. The resistance level at $0.000196 will be tried, followed by the $0.000262 and $0.000330 barrier levels. Positive momentum will quickly gain steam

SPONGEUSDT medium-term Trend: Bullish

For shorter time horizons, SPONGEUSDT is the optimal option. Before reversing course and hitting the $0.000136 support level, the price movement on December 18 faced the $0.000330 resistance level. If the specified support level is upheld, more people might start investing in the coin. The demand will drive up the price of the sponge. Right now, the prices are lower to entice more clients.

The period 14 indicator of the relative strength index will display a buy signal above the 40 level.

It’s impossible to have too much $SPONGE.

You can never have enough $SPONGE#SPONGE #MemeCoin #Altcoins pic.twitter.com/QsjlQfRTnt

— $SPONGE (@spongeoneth) December 24, 2023

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