SPONGEUSDT Price Could Increase as High as $0.000695 and $0.000886 Levels

Sponge market is controlled by buyers

SPONGEUSDT Price Analysis – 21 March

Price will break over the $0.000577 resistance level as well as the $0.000695 and $0.000886 barrier levels if the bulls’ momentum continues to build. The price may retrace and move toward the $0.000500 support level if the $0.000577 resistance level persists. The price could drop as low as $0.0000455 and $0.000400 if bear pressure builds.

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 has a bright future. Ever since the SPONGEUSDT price movement broke over the $0.000148 level on January 5, bulls have continuously supported the bullish market. Every day, large, robust bullish candles are made. The bullish movement was started by the bullish engulfing candle. The resistance levels of $0.000455 and $0.000500 are being overcome by the price, which has broken over the $0.0000500 mark.

The price trading above the Hull Suite at the close contact and the Hull Suite being close to the price both point to strong bullish momentum. Price will break over the $0.000577 resistance level as well as the $0.000695 and $0.000886 barrier levels if the bulls’ momentum continues to build. The price may retrace and move toward the $0.000500 support level if the $0.000577 resistance level persists. The price could drop as low as $0.0000455 and $0.000400 if bear pressure builds. A purchase signal is shown by the QQE MOD, which is pointing higher and above zero levels.

 SPONGEUSDT medium-term Trend: Bullish

Considering the situation from a medium-range perspective, SPONGEUSDT is doing really well. 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 level after breaking through 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.

Those who made $SPONGE sales were like:

People who sold $SPONGE be like: pic.twitter.com/lAOLRe3fy6

— $SPONGE (@spongeoneth) March 20, 2024

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