{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-increasing-as-target-price-of-0-000136-gets-closer\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-increasing-as-target-price-of-0-000136-gets-closer\/","headline":"SPONGEUSDT Price Is Increasing as Target Price of $0.000136 Gets Closer","name":"SPONGEUSDT Price Is Increasing as Target Price of $0.000136 Gets Closer","description":"Bulls are dominating SPONGEUSDT market SPONGEUSDT Price Analysis \u2013 16 August After a pullback, bulls can drive the price higher by breaking the $0.000136 resistance level, possibly reaching the $0.000196 and $0.000330 levels. If the bears are successful in holding the $0.000136 level, Sponge may reverse and hit the $0.000093, $0.000004, and $0.000006 support levels […]","datePublished":"2023-08-19","dateModified":"2023-08-19","author":{"@type":"Person","@id":"https:\/\/forexschoolonline.com\/author\/jonfox\/#Person","name":"Johnathon Fox","url":"https:\/\/forexschoolonline.com\/author\/jonfox\/","identifier":1,"description":"Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/d0b589a007c132efe23124c05a02b68524844c0089401129bd50bc12ee59d3a9?s=96&d=monsterid&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Forex School Online","logo":{"@type":"ImageObject","@id":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","url":"https:\/\/www.forexschoolonline.com\/\/wp-content\/uploads\/2018\/09\/FSO-Transparent-logo-gr.png","width":240,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hour-3.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/08\/4-hour-3.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/spongeusdt-price-is-increasing-as-target-price-of-0-000136-gets-closer\/","about":["Trade Idea","Trade Setups","Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":324,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Bulls are dominating SPONGEUSDT marketSPONGEUSDT Price Analysis \u2013 16 AugustAfter a pullback, bulls can drive the price higher by breaking the $0.000136 resistance level, possibly reaching the $0.000196 and $0.000330 levels. If the bears are successful in holding the $0.000136 level, Sponge may reverse and hit the $0.000093, $0.000004, and $0.000006 support levelsKey Levels:Supply level: $0.000136, $0.000196, $0.000330Demand level: $0.000093, $0.000004, $0.000006SPONGEUSDT Long-term Trend: BullishSponge is bullish on the daily chart. On June 22, the coin found support at $0.000093. When the bullish morning star chart pattern appeared, the price climbed to challenge the resistance level of $0.000196. Price dropped and made contact with prior low support level. Bulls are currently heading northward while defending $0.000093 level.After a pullback, bulls can drive the price higher by breaking the $0.000136 resistance level, possibly reaching the $0.000196 and $0.000330 levels. If the bears are successful in holding the $0.000136 level, the price may reverse and hit the $0.000093, $0.000004, and $0.000006 support levels. The 9-period exponential moving average is trying to cross the 21-period EMA upward in order to create bullish momentum because the two dynamic levels are so close to one another. SPONGEUSDT Medium-term Trend: BullishSponge is bullish on the 4-hour chart. The price is increasing as the target price of $0.000136 gets closer. Sponge was knocked down below the $0.000093 support level by the Bears. The $0.000136 resistance level was tested on August 8 as a result of the bulls’ resistance to the price decline. Further price increase is ongoing.As SPONGEUSDT trades above the two EMAs and the 9-period EMA makes an attempt to cross the 21-period EMAs to the upside to produce a bullish momentum, the bulls’ momentum is steadily building. A purchase signal is being shown by a period 14 relative strength index that is bending up at level 44.You discover that when you awaken.When you wake up to see that…  The #Bitcoin price has gone to the moon!\ud83c\udf15\ud83d\udcb0\ud83d\ude80 pic.twitter.com\/pd7YnjrPuq— $SPONGE (@spongeoneth) August 18, 2023Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today! "}