{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/spongeusdt-price-next-upward-targets-are-0-000196-levels\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/spongeusdt-price-next-upward-targets-are-0-000196-levels\/","headline":"SPONGEUSDT Price: Next Upward Targets Is $0.000196 Levels","name":"SPONGEUSDT Price: Next Upward Targets Is $0.000196 Levels","description":"Bulls are ready to take over Sponge market SPONGEUSDT Price Analysis \u2013 02 September If the currency pair is able to overcome the $0.000136 level of resistance, the next upward targets for it are the $0.000196 and $0.000330 levels, which are likely to appear following the price retracement. Key Levels: Supply level: $0.000136, $0.000196, $0.000330 […]","datePublished":"2023-09-03","dateModified":"2023-09-03","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\/09\/4-hours-1.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2023\/09\/4-hours-1.png","height":655,"width":1515},"url":"https:\/\/forexschoolonline.com\/spongeusdt-price-next-upward-targets-are-0-000196-levels\/","about":["Technical Analysis","Trade Idea","Trade Setups","Trading","Trading Mindset & Psychology","Trading strategy"],"wordCount":376,"keywords":["Marketing","Sponge","Technical Analysis"],"articleBody":"Bulls are ready to take over Sponge marketSPONGEUSDT Price Analysis \u2013 02 SeptemberIf the currency pair is able to overcome the $0.000136 level of resistance, the next upward targets for it are the $0.000196 and $0.000330 levels, which are likely to appear following the price retracement.Key Levels:Supply level: $0.000136, $0.000196, $0.000330Demand level: $0.000087, $0.000004, $0.000006 SPONGEUSDT Long-term Trend: BullishOn the long term, the SPONGEUSDT is bullish. The currency pair found support at a price of $0.000087 over the previous two weeks, and this week, sellers are continuing to drive the SPONGEUSDT market lower. The value of the coin has increased and is now moving toward the $0.000136 threshold. More bullish daily candles were generated, and the level mentioned above is about to be smashed higher. The price fell after testing the $0.000196 resistance level on August 8. Presently, the price is increasing approaching the previous top.The approaching upward crossover of the price between the two EMAs indicates that the bullish momentum is gathering strength. Also approaching the 21-period level is the 9-period EMA. If the currency pair is able to overcome the $0.000136 level of resistance, the next upward targets for it are the $0.000196 and $0.000330 levels, which are likely to appear following the price retracement. Sponge price may drop to the support levels of $0.000067 if the bears are successful in holding the resistance level of $0.000136. A purchase signal is being given at level 28 by the relative strength index period 14 signal lines, which are pointing up. SPONGEUSDT Medium-term Trend: BullishSPONGEUSDT is bullish on the medium-term outlook. When the resistance level of $0.000136 was broken on August 8 over the previous two weeks, buyers prevailed over sellers. The price rise was tested against the $0.000196 level of resistance. As the level holds, the price rebounds off the previously mentioned level. Given that bulls are currently returning to the market, there is a possibility that it will increase even more.The price is situated between the away from one another EMAs of 21 and 9 periods. Buy is suggested with the Relative Strength Index period 14 at 36 levels and the signal line heading higher.I’m hoping the #BullMarket will arrive shortly.Hoping for that #BullMarket to come anytime soon…\ud83e\udd1e\ud83d\udcc8\ud83d\ude80 pic.twitter.com\/KcPPfx0MUa— $SPONGE (@spongeoneth) September 2, 2023Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!"}