Sponge (SPONGEUSDT) Price Will Resume Upward Trend Soon

SPONGEUSDT market is increasing

SPONGEUSDT Price Analysis – 02 August

Should the bulls maintain their present rate of growth, the price might surpass $0.000404. After breaking through the $0.000404 resistance level, SPONGEUSDT will resume its upward trend, picking up speed and edging closer to the $0.000502 and $0.000610 barrier levels.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000404, $0.000502, $0.000610

Support levels: $0.000262, $0.000196, $0.000136

 

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, the price of SPONGEUSDT is displayed as green. Sponge’s pricing has been reduced to $0.000136 in an effort to draw in more customers. This was quickly completed, and the degree of difficulty returned to its initial state. Sponge now ranges in price from $0.000404 to $0.000262. This could go on until enough resources are obtained. All investors will benefit from the bullish trend that is expected to begin affecting the SPONGEUSDT market. If there is a bullish breakthrough at the $0.000404 level, the present strong resistance levels will turn into support levels very rapidly.

For Hull Suite, it is expected that the price would rise over the crypto signals indicator. Should the bulls maintain their present rate of growth, the price might surpass $0.000404. After breaking through the $0.000404 resistance level, the price will resume its upward trend, picking up speed and edging closer to the $0.000502 and $0.000610 barrier levels.

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SPONGEUSDT medium-term Trend: Bullish

The best choice for shorter durations is SPONGEUSDT. On May 7, the price increased. It dropped to the $0.000136 support level after breaking past the $0.000610 resistance level. Because the coin is unable to hold onto the $0.000136 support level, more individuals are purchasing it. Sponge prices will increase in line with demand. To attract more customers, the price is reduced.

The QQE MOD shows a purchase signal with signal lines above zero.

Anon, you faded $SPONGE once more?

You faded $SPONGE again, anon? 💥 pic.twitter.com/vpRuyGLd0n

— $SPONGE (@spongeoneth) August 1, 2024

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