SPONGEUSDT Price: Customers Continued to Drive Up the Market

SPONGEUSDT may break up $0.000136 level

SPONGEUSDT Price Analysis – 12 October

The Sponge additional upward objectives of $0.000253 and $0.000330 are expected to be reached if the market moves forward if Coin is able to break through the resistance at $0.000199. If the bears are able to hold the resistance level at $0.000199, the price can go below the support levels of $0.000136

Key levels:

Resistance levels: $0.000199, $0.000253, $0.000330

Support levels: $0.000136, $0.00017, $0.0004

SPONGEUSDT Long-term Trend: Bullish

The forecast for SPONGEUSDT is favorable in the long run. Sponge’s price was reduced in order to draw in more customers. A few weeks ago, Sponge’s price sank to $0.0004, but it found support. But sellers continued to drive the SPONGEUSDT market lower during the previous month. The coin is now worth more than $0.000136. The daily candles began to shift more in the bulls’ favor than in the bears’, suggesting that the $0.000136 level will be broken. The price soars towards $0.000199 today.

The HULL Suite crypto indicator is crossed by sponge indicates that the bullish trend is strengthening. The QQE MOD indicator and its histogram confirmed bullish trend as it crossing above zero level. The Sponge’s additional upward objectives of $0.000253 and $0.000330 are expected to be reached if the market moves forward if Coin is able to break through the resistance at $0.000199. If the bears are able to hold the resistance level at $0.000199, the price can go below the support levels of $0.000136.

SPONGEUSDT Medium-term Trend: Bullish

In the upcoming months, SPONGEUSDT appears to have a promising future. The market is rising quickly, and bulls are beginning to surface again. When the resistance level at $0.000136 was breached a few weeks ago, buying outperformed selling. As long as the bulls maintain their momentum, the price rises back to its prior peak.

The price is higher than the HULL Suite crypto indicator, respectively. Given that the QQE MOD is above zero level and the signal line is pointing upward, buying is advised.