{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/spongeusdt-may-return-to-prior-high-level-as-long-as-bulls-impetus-persists\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/spongeusdt-may-return-to-prior-high-level-as-long-as-bulls-impetus-persists\/","headline":"SPONGEUSDT May Return to Prior High Level as Long as Bulls’ Impetus Persists","name":"SPONGEUSDT May Return to Prior High Level as Long as Bulls’ Impetus Persists","description":"More buyers are joining Sponge market SPONGEUSDT Price Analysis \u2013 11 October SPONGEUSDT additional upward targets of $0.000196 and $0.000330 are projected to be reached as the market moves upward if Coin is able to get over the resistance at $0.000136. If the bears are successful in holding the resistance level of $0.000136, the price […]","datePublished":"2023-10-12","dateModified":"2023-10-12","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\/2023\/10\/4-hours-11.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/10\/4-hours-11.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/spongeusdt-may-return-to-prior-high-level-as-long-as-bulls-impetus-persists\/","about":["Technical Analysis","Trade Idea","Trade Setups","Trading","Trading Mindset & Psychology"],"wordCount":381,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"More buyers are joining Sponge marketSPONGEUSDT Price Analysis \u2013 11 OctoberSPONGEUSDT additional upward targets of $0.000196 and $0.000330 are projected to be reached as the market moves upward if Coin is able to get over the resistance at $0.000136. If the bears are successful in holding the resistance level of $0.000136, the price may go below the support levels of $0.000087.Key Levels:Supply level: $0.000136, $0.000196, $0.000330Demand level: $0.000087, $0.000004, $0.000006 SPONGEUSDT Long-term Trend: BullishThe forecast for SPONGEUSDT is favorable in the long run. Sponge’s cost was decreased in order to draw in more customers. Sponge found support a few weeks ago when its price fell to $0.000087. However, sellers continued to drive the SPONGEUSDT market lower during the previous month. The price of sponge has surpassed $0.000136. The daily candles began to trend more in the bulls’ direction than the bears’ direction, signaling that the level of $0.000136 will be broken. The price has soared to $0.000136 as of right now.The bullish trend is getting stronger, as evidenced by the sponge’s increasing crossover with the two EMAs. Both the 21-period EMA and the 9-period EMA are getting close. The Sponge’s additional upward targets of $0.000196 and $0.000330 are projected to be reached as the market moves upward if Coin is able to get over the resistance at $0.000136. If the bears are successful in holding the resistance level of $0.000136, the price may go below the support levels of $0.000087.SPONGEUSDT Medium-term Trend: BullishIn the upcoming months, SPONGEUSDT appears to have a promising future. The market is rising quickly, and bulls are starting to make a comeback. When the $0.000136 resistance level was breached a few weeks ago, buying prevailed over selling. The price returns to the prior high level as long as the bulls’ impetus persists.Price is above the 9- and 21-period exponential moving averages, respectively. The Relative Strength Index period 14 is at 28 levels, the signal line is pointing up, and buying is advised.The anticipation for Season 1’s conclusion is at an all-time high!\ud83e\uddfd\ud83d\udca5 Ready to secure your position on the $SPONGE #Airdrop rankings? \ud83d\ude80\ud83d\udd1d\ud83d\udcc5  As Season 1 approaches its finale, excitement levels are soaring! \ud83c\udf1f\ud83e\uddfd\ud83d\udcb1 Elevate your ranking with #Hodling and trading $SPONGE #Tokens! \ud83d\udcaa\ud83d\udcb0\ud83d\udd17 https:\/\/t.co\/lzRhjW4oLL pic.twitter.com\/VD9XPO2yIy— $SPONGE (@spongeoneth) October 11, 2023Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}