SPONGEUSDT may surpass $0.00061 level
SPONGEUSDT Price Analysis – 11 June
SPONGEUSDT has the potential to advance past the resistance levels of $0.00077 and $0.00087 if it can breach the $0.00061 barrier. If the bears keep up their pace and break below the $0.00050 support level, the price might drop to $0.00033 and $0.00026, respectively
SPONGEUSDT Market
Key levels:
Resistance levels: $0.00061, $0.00077, $0.00087
Support levels: $0.00050, $0.00033, $0.00026
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 $0.00033 and reaching the high point of $0.00061. Sellers want to stop the price from going above $0.00033. Bulls were able to achieve the objective by exerting continuous pressure.
SPONGEUSDT has the potential to advance past the resistance levels of $0.00077 and $0.00087 if it can breach the $0.00061 barrier. If the bears keep up their pace and break below the $0.00050 support level, the price might drop to $0.00033 and $0.00026, respectively. Because SPONGEUSDT is trading above the Hull Suite Crypto signals’ price approach, it seems that SPONGEUSDT is becoming more and more popular.
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SPONGEUSDT Medium-term Trend: Bullish
The SPONGEUSDT four-hour chart shows a rising trend. Last week, the value of the currency rose dramatically and overcame the $0.00033 barrier. At that point, the Bears may still lose to the Bulls. The price approaches $0.00061 and breaks through the previously marked barrier. When the price attempted to test the previous high of $0.00050, bears resisted the trend.
As long as it is trading above the Hull Suite Crypto signaling indicator, a favorable trend is guaranteed. The histogram line shows that the price is rising, and the QQE MOD Crypto signals also follow the trend.
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