SPONGEUSDT price is increasing
SPONGEUSDT Price Analysis – 06 June
If SPONGEUSDT is able to break over the $0.00061 barrier, it can go above the resistance levels of $0.00077, and $0.00087. However, the price can decrease much lower to $0.00033 and $0.00026.
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
The bulls are in control of the SPONGEUSDT daily chart. It has been more than two weeks since the buyers defeated the bears. There are definitely bullish candles every day, and the price is rising steadily. Bulls drove the market higher, breaking over the resistance level at $0.00033 and to the high point of $0.00061, thanks to the passion of purchasers. The goal of sellers is to prevent the price from rising above $0.00033. Bulls were able to accomplish the goal when they keep up the pressure.
If SPONGEUSDT is able to break over the $0.00061 barrier, it can go above the resistance levels of $0.00077, and $0.00087. However, the price can decrease much lower to $0.00033 and $0.00026, respectively, if the bears are able to maintain their momentum and break below the $0.00050 support level. It appears that SPONGEUSDT is gaining popularity because it is trading above the price approach of the Hull Suite Crypto signals.
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SPONGEUSDT Medium-term Trend: Bullish
The four-hour SPONGEUSDT chart exhibits an upward trend. A notable spike in value last week caused the currency to surpass the $0.000360 threshold. The Bears might still lose to the Bulls at that point. The price passes through the previously marked barrier and approaches $0.00061. Bears fought the trend when the price tried to challenge the previous high of $0.00050.
A positive trend is assured as long as it is trading above the Hull Suite Crypto signaling indicator. 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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