SPONGEUSDT Price Gain More Buyers Due to Lower Pricing

Buyers are increasing in SPONGEUSDT market

SPONGEUSDT Price Analysis – 30 April

SPONGEUSDT may have a bearish reversal and drop below the support levels of $0.000249, $0.000190, and $0.000143 price levels if the bulls are unable to break above the $0.000311 level. If the bulls can maintain their momentum and break above the $0.000311 resistance level, the price may increase as far as $0.000358 and $0.000400, respectively.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000311, $0.000358, $0.000400

Support levels: $0.000249, $0.000190, $0.000143

SPONGEUSDT Long-term Trend: Bullish

The daily SPONGEUSDT chart is dominated by bulls. The buyers and sellers have not been able to reach a consensus for more than two weeks. Strong bullish candles are appearing every day, and the price is steadily increasing. Bears drove the market lower, reaching and dropping to the support level of $0.000249 before rising to $0.000311. If bulls maintain their pressure, they could breach over the previously indicated target.

Given that SPONGEUSDT is trading above the price mechanism of the Hull Suite Crypto signals, it appears to be gaining momentum. The cryptocurrency may have a bearish reversal and drop below the support levels of $0.000249, $0.000190, and $0.000143 price levels if the bulls are unable to break above the $0.000311 level. If the bulls can maintain their momentum and break above the $0.000311 resistance level, the price may increase as far as $0.000358 and $0.000400, respectively.

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SPONGEUSDT Medium-term Trend: Bullish

The 4-hour SPONGEUSDT chart is trending upward. The pressure from the bulls tested the $0.000500 resistance level. For days, the Bulls are unable to defeat the Bears. To retest the broken level, the price pulled back. The battle between bulls and bears is the reason why the price is currently climbing.

As long as the price stays above the Hull Suite Crypto signaling indication, it will move closer to them. The price movement will be favorably depicted by the histogram line, and the QQE MOD Crypto signals will display a value spike larger than zero.

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