SPONGEUSDT Price: Bulls’ Pressure May Push Price Above $0.000577

Sponge market is increasing

SPONGEUSDT Price Analysis – 19 March

If the bulls’ momentum keeps increasing, SPONGEUSDT will break over the $0.000577 resistance level as well as the $0.000695 and $0.000886 barrier levels. If the $0.000577 resistance level holds, the price can retrace and head toward the $0.000500 support level. If bear pressure increases, the price might fall as low as $0.0000455 and $0.000400. The QQE MOD, which is pointing higher and above zero levels, indicates a buy signal.

SPONGE/USD Market

Key levels:

Supply levels: $0.000577, $0.000695, $0.000886

Demand levels: $0.000500, $0.000455, $0.000400

SPONGEUSDT Long-term trend: Bullish

SPONGEUSDT seems to have a promising future. Bulls have consistently backed the bullish market since the SPONGEUSDT price movement broke over the $0.000148 level on January 5. Big, strong bullish candles are made every day. The bullish engulfing candle initiated the bullish movement. The price has broken above the $0.0000400 level and is now rising past the resistance levels of $0.000455 and $0.000500.

Strong bullish momentum is indicated by the price trading above the Hull Suite at the close contact and the Hull Suite being near to the price. If the bulls’ momentum keeps increasing, price will break over the $0.000577 resistance level as well as the $0.000695 and $0.000886 barrier levels. If the $0.000577 resistance level holds, the price can retrace and head toward the $0.000500 support level. If bear pressure increases, the price might fall as low as $0.0000455 and $0.000400. The QQE MOD, which is pointing higher and above zero levels, indicates a buy signal.

 SPONGEUSDT medium-term Trend: Bullish

When looking at things from a medium-range perspective, SPONGEUSDT is doing excellently. The bulls forced the price higher, breaking over $0.000400 and up to the resistance level of $0.000577, as is customary in a volatile market.  The coin will rise above the predetermined threshold as soon as it passes the $0.000577 barrier.

The bulls appear to have a lot of momentum because the coin is trading above the Hull Suite Crypto signals indicator. The rising histogram line with the QQE MOD being above zero values indicate a strong buy signal.

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Did you fade $SPONGE again, anon?#SpongeV2 #memeCoin #100x pic.twitter.com/TCLfaZbsCm

— $SPONGE (@spongeoneth) March 18, 2024

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