Buyers join Sponge market at low price
SPONGEUSDT Price Analysis – 23 May
SPONGEUSDT may drop below the support levels of $0.000309, $0.000250, and $0.000189 if the bulls are unable to break above the $0.000356 barrier. On the other hand, if the bulls are able to keep up their momentum and break above the $0.000356 resistance level, the price may rise further to $0.000400 and $0.000455, respectively.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000356, $0.000400, $0.000455
Support levels: $0.000309, $0.000250, $0.000189
SPONGEUSDT Long-term Trend: Bullish
The bulls are in control of the SPONGEUSDT daily chart. It has been more than two weeks since the buyers defeated the bears. There are definite bullish candles every day, and the price is rising gradually. Bulls drove the market higher, breaking over the resistance level at $0.000356 and to the high point of $0.000400, thanks to the passion of purchasers. The goal of sellers is to prevent the price from rising above $0.000400. Bulls might be able to accomplish the aforementioned objective if they keep up their pressure.
SPONGEUSDT may drop below the support levels of $0.000309, $0.000250, and $0.000189 if the bulls are unable to break above the $0.000356 barrier. On the other hand, if the bulls can keep up their momentum and break above the $0.000356 resistance level, the price may rise further to $0.000400 and $0.000455, respectively. The fact that SPONGEUSDT is trading above the pricing mechanism of the Hull Suite Crypto signals suggests that it is picking up steam.
SPONGEUSDT Medium-term Trend: Bullish
The SPONGEUSDT’s four-hour chart shows a rising trend. Yesterday’s bullish bounce pushed the currency up to the $0.000356 threshold. At that point, the Bears may still lose to the Bulls. The price crosses over the barrier that was previously indicated and gets close to $0.000400. The price is currently testing the previous high of $0.000400.
As long as it is trading above the Hull Suite Crypto signaling indication, the price ought to remain above it. The histogram line shows that the price is rising, and the QQE MOD Crypto signals will show a value spike that is greater than zero.
Who detects the dampness?
Happy Sunday, #SPONGERS! ☀️
Who smells the damp? 🔎 #SpongeV2 #FLOKI #PEPE #WIF pic.twitter.com/XbgWoQe5Me
— $SPONGE (@spongeoneth) May 19, 2024
Invest in the hottest and best meme coin? Buy SpongeBob ($SPONGE) today!
Leave a Reply