SPONGEUSDT price will break up $0.00038 level
SPONGEUSDT Price Analysis – 18 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
The price of SPONGEUSDT is in the green on the daily chart. It just costs $0.000011 at the moment. Sponge just lowered its price to $0.000092 in an effort to entice more users. In a short period of time, this was finished, and the difficulty level returned to the original one. Prices for sponge now range from $0.00038 to $0.00092. This might continue until sufficient resources are acquired. The bullish trend that will most likely start to influence the SPONGEUSDT market will be advantageous to all investors. The current strong resistance levels will quickly change into support levels if a bullish breakout occurs at the $0.00038 level.
The 9-period and 21-period moving averages are anticipated to be surpassed by the price. If the bulls continue to rise at their current rate, Sponge may go beyond $0.00087. 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 medium-term Trend: Bullish
The greatest choice for shorter periods is SPONGEUSDT. The price rose on May 7 and then declined to the $0.00038 support level after encountering the $0.00098 resistance level. The coin’s inability to hold the $0.00038 support level has led to an increase in people buying it. Costs for sponges will rise as demand rises. The cost is decreased to draw in more buyers.
With the signal lines at 40, the relative strength index period 14 is showing a buy signal.
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