{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/spongeusdt-price-a-buy-signal-can-be-seen-on-daily-time-frame\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/spongeusdt-price-a-buy-signal-can-be-seen-on-daily-time-frame\/","headline":"SPONGEUSDT Price: A Buy Signal Can Be Seen on Daily Time Frame","name":"SPONGEUSDT Price: A Buy Signal Can Be Seen on Daily Time Frame","description":"Bullish reversal envisaged in SPONGEUSDT market SPONGEUSDT Price Analysis \u2013 25 August Bulls can drive the Sponge higher by breaking through the $0.000136 resistance level, possibly reaching the $0.000196 and $0.000330 levels. The price is now climbing as the $0.000136 target price approaches. Key Levels: Supply level: $0.000136, $0.000196, $0.000330 Demand level: $0.000093, $0.000004, $0.000006 […]","datePublished":"2023-08-26","dateModified":"2023-08-26","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\/08\/4-hours-28.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hours-28.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/spongeusdt-price-a-buy-signal-can-be-seen-on-daily-time-frame\/","about":["Trade Setups","Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":305,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Bullish reversal envisaged in SPONGEUSDT marketSPONGEUSDT Price Analysis \u2013 25 AugustBulls can drive the Sponge higher by breaking through the $0.000136 resistance level, possibly reaching the $0.000196 and $0.000330 levels. The price is now climbing as the $0.000136 target price approaches.Key Levels:Supply level: $0.000136, $0.000196, $0.000330Demand level: $0.000093, $0.000004, $0.000006SPONGEUSDT Long-term Trend: BullishSponge is bullish on the daily chart. Last month, the coin found support at $0.000093. As the price rose and drew near the $0.000196 resistance line, the morning star bullish candle pattern first emerged. The old, subpar level of service was contacted when the price fell. Bulls are currently defending the level of $0.000093 while driving the price north.After a decline, bulls can drive the price higher by breaking through the $0.000136 resistance level, possibly reaching the $0.000196 and $0.000330 levels. If the bears are successful in holding the $0.000136 level, the price may reverse and hit the $0.000093, $0.000004, and $0.000006 support levels. The 9-period exponential moving average is attempting to cross the 21-period EMA higher to create bullish momentum because the two dynamic levels are close to one another. SPONGEUSDT Medium-term Trend: BullishSponge is bullish on the 4-hour chart. The bulls’ resistance to the price decline caused the $0.000136 resistance level to be tested on August 8; as a result, the price is now climbing as the $0.000136 target price approaches. The bears forced sponge to the $0.000093 support level. As SPONGEUSDT trades above the two EMAs and strives to cross the 21-period EMAs to the upside, strong momentum is beginning to emerge. Every day, the bulls’ motivation increases. A buy signal can be seen on a period 14 relative strength index that is bending upward at level 44.No need to panic, $SPONGE #Hodlers will increase once more.Nothing to worry about – $BTC #Hodlers will rise again\ud83d\udc51\ud83d\udcaa\ud83d\udcc8 pic.twitter.com\/KqafjeejhW— $SPONGE (@spongeoneth) August 25, 2023Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}