Bulls are maintaining their momentum
SPONGEUSDT Price Analysis – 28 May
In the event that the bulls are unable to break above the $0.000310 barrier, SPONGEUSDT may fall below the support levels of $0.000250, $0.000253, and $50,000. However, the price may increase much higher to $0.000360 and $0.000400, respectively, if the bulls are able to maintain their momentum and break above the $0.000310 resistance level.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000310, $0.000360, $0.000400
Support levels: $0.000250, $0.000253, $0.000145
SPONGEUSDT Long-term Trend: Bullish
On the SPONGEUSDT daily chart, the bulls are in charge. More than two weeks have passed since the buyers overcame the bears. Every day, there are unquestionably bullish candles, and the price is gradually increasing. Thanks to buyers’ fervor, bulls propelled the market higher, surpassing the resistance level at $0.000360 and reaching the high point of $0.000400. Sellers want to stop the price from going above $0.000400. If bulls maintain their pressure, they may be able to accomplish the predetermined goal.
In the event that the bulls are unable to break above the $0.000310 barrier, SPONGEUSDT may fall below the support levels of $0.000250, $0.000253, and $50,000. However, the price may increase much higher to $0.000360 and $0.000400, respectively, if the bulls are able to maintain their momentum and break above the $0.000310 resistance level. It appears like SPONGEUSDT is gaining popularity because it is trading above the Hull Suite Crypto signals’ pricing strategy.
Update on SpongeV2 | Positive News
SPONGEUSDT Medium-term Trend: Bullish
The four-hour chart of the SPONGEUSDT indicates a rising trend. The positive surge that occurred last week helped the currency move beyond $0.000360. The Bears might still lose to the Bulls at that point. The price passes through the previously marked barrier and approaches $0.000400. Bears fought the trend as the price tried to challenge the previous high of $0.000400.
The price should stay above the Hull Suite Crypto signaling bullish indication as long as it is trading above it. The price is rising, as indicated by the histogram line, and the QQE MOD Crypto signals will indicate a value spike that is higher than zero.
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