SPONGEUSDT Price: Buyers Persist in Driving Market Higher

Sponge is increasing

SPONGEUSDT Price Analysis – 26 September

If Coin is successful in breaking above the $0.000136 level of resistance, the Sponge’s next upward goals are projected to appear after the market incline at the $0.000196 and $0.000330 levels.

Key Levels:

Supply level: $0.000136, $0.000196, $0.000330

Demand level: $0.000087, $0.000004, $0.000006

SPONGEUSDT Long-term Trend: Bullish

Long-term prospects for SPONGEUSDT are promising. Sponge found support a few weeks ago when its price fell to $0.000087. However, sellers persisted in driving the SPONGEUSDT market lower during the previous month. Recently, the coin’s value exceeded $0.000136. The level of $0.000136 was about to be breached as daily candles began to trend more bullishly than bearishly. On September 6, the cost briefly climbed to a peak of $0.000196 before falling. The price will soon surpass its previous peak.

The bullish trend is accelerating, according to the rising crossover of the sponge and the two EMAs. Both the 21-period EMA and the 9-period EMA are getting close. If Sponge is successful in breaking above the $0.000136 level of resistance, Sponge’s next upward goals are projected to appear after the market inclines at the $0.000196 and $0.000330 levels. If the bears are successful in holding the resistance level of $0.000136, the price may go below the support level of $0.000087.

SPONGEUSDT Medium-term Trend: Bullish

Over the next few months, SPONGEUSDT has a promising future. The market is rising quickly, and bulls are beginning to reappear. Buyers outnumbered sellers a few weeks ago, when the resistance level of $0.000136 was broken. 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. Buying is advised because the signal line is pointing up and the Relative Strength Index period 14 is at 25 levels.

Before it expires, make sure to participate in the $SPONGE #Airdrop!

🚀 Calling all #SPONGERS!🌊👋

🧽 Make sure to take part in the $SPONGE #Airdrop before it ends!🌐🎁

🌊 Confirm your eligibility on our #Discord channel to secure your spot!✅

🧽 Check out the airdrop registration details for simple instructions!📋🌊

🔗 https://t.co/lzRhjW4oLL pic.twitter.com/CqfYrT8KMt

— $SPONGE (@spongeoneth) September 26, 2023

Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!