{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-will-soon-break-out\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-will-soon-break-out\/","headline":"Sponge (SPONGEUSDT) Price Will Soon Break Out","name":"Sponge (SPONGEUSDT) Price Will Soon Break Out","description":"Bulls are gathering momentum in Sponge market Sponge (SPONGEUSDT) Price Analysis \u2013 18 July The price is currently returning to its previous, higher level. SPONGEUSDT may fall as low as $0.00026 and $0.00033, respectively, if sellers raise their asset contributions and surpass the crucial $0.00050 support level. Buyers may try to break through the $0.00061 [&hellip;]","datePublished":"2024-07-19","dateModified":"2024-07-19","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/07\/4-hours-10.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/07\/4-hours-10.png","height":573,"width":1281},"url":"https:\/\/forexschoolonline.com\/sponge-spongeusdt-price-will-soon-break-out\/","about":["Trade Idea","Trade Setups","Trading","Trading Mindset &amp; Psychology","Trading strategy"],"wordCount":351,"keywords":["Marketing","SPONGEUSDT","Technical Analysis"],"articleBody":"Bulls are gathering momentum in Sponge marketSponge (SPONGEUSDT) Price Analysis \u2013 18 JulyThe price is currently returning to its previous, higher level. SPONGEUSDT may fall as low as $0.00026 and $0.00033, respectively, if sellers raise their asset contributions and surpass the crucial $0.00050 support level. Buyers may try to break through the $0.00061 resistance level and try the $0.00077 and $0.00087 levels if they gain additional momentum.SPONGEUSDT MarketKey levels:Resistance levels: $0.00061, $0.00077, $0.00087Support levels: $0.00050, $0.00033, $0.00026SPONGEUSDT Long-term Trend: BullishThe buyers currently own the sponge. The price dropped to its lowest point at the $0.00026 support level. That&#8217;s how the prices stayed for a few days. As the bulls gathered traction, price broke through the resistance levels of $0.00033 and $0.00050. It pulled back and gave the $0.00050 another go. Price tested the $0.00061 barrier level on May 23, breaking through the $0.00050 resistance level. Right now, the prices are rising.The daily chart indicates that the market is dominated by buyers. On the daily chart, the price movement has resulted in a double bottom chart pattern. The price is currently returning to its previous, higher level. The market may fall as low as $0.00026 and $0.00033, respectively, if sellers raise their asset contributions and surpass the crucial $0.00050 support level. Buyers may try to break through the $0.00061 resistance level and try the $0.00077 and $0.00087 levels if they gain additional momentum. A purchase signal is indicated when the QQE MOD crypto signals indicator is increasing.SPONGEUSDT Medium-term Trend: BullishBased on the 4-hour chart pattern, Sponge is optimistic. Since the long-term consolidation was broken, the 4-hour chart&#8217;s bulls have been applying pressure on the cryptocurrency&#8217;s performance. The cost is rising steadily. On May 23, a test was conducted at the $0.00061 resistance level. Even though it is currently sloping, the sellers&#8217; perseverance gave them the advantage again.Buyers are in the lead as long as the price is greater than the Hull Suite signal. A purchase signal appears when the QQE MOD histogram is larger than zero.genuine knows genuine \ud83d\udca6. $SPONGEReal recognises real \ud83d\udca6 $SPONGE pic.twitter.com\/Ru8zdE0QfD&mdash; $SPONGE (@spongeoneth) July 18, 2024Invest in the hottest and best meme coin? Buy SpongeBob ($SPONGE) today!"}