{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/forexschoolonline.com\/spongeusdt-price-suggests-that-bullish-trend-is-strengthening\/#BlogPosting","mainEntityOfPage":"https:\/\/forexschoolonline.com\/spongeusdt-price-suggests-that-bullish-trend-is-strengthening\/","headline":"SPONGEUSDT Price Suggests That Bullish Trend Is Strengthening","name":"SPONGEUSDT Price Suggests That Bullish Trend Is Strengthening","description":"Bulls are controlling Sponge market SPONGEUSDT Price Analysis \u2013 22 October If Coin can overcome the $0.000136 barrier and hit the possible upward targets of $0.000196 and $0.000330 set by the Sponge, the market is expected to rise further. The price may drop below the support levels of $0.000087 if the bears are able to […]","datePublished":"2024-10-23","dateModified":"2024-10-23","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\/2024\/10\/Daily-16.png","url":"https:\/\/forexschoolonline.com\/wp-content\/uploads\/2024\/10\/Daily-16.png","height":573,"width":1281},"url":"https:\/\/forexschoolonline.com\/spongeusdt-price-suggests-that-bullish-trend-is-strengthening\/","about":["Trade Idea","Trade Setups","Trading"],"wordCount":311,"keywords":["Marketing","SPONGEUSDT","Technical Analysis"],"articleBody":"Bulls are controlling Sponge marketSPONGEUSDT Price Analysis \u2013 22 OctoberIf Coin can overcome the $0.000136 barrier and hit the possible upward targets of $0.000196 and $0.000330 set by the Sponge, the market is expected to rise further. The price may drop below the support levels of $0.000087 if the bears are able to hold the resistance level of $0.000136.Key Levels:Supply level: $0.000136, $0.000196, $0.000330Demand level: $0.000087, $0.000004, $0.000006SPONGEUSDT Long-term Trend: BullishSPONGEUSDT has a promising long-term prognosis. To attract more customers, Sponge reduced its prices. A few weeks ago, when Sponge’s price dropped to $0.000087, it found support. But over the past month, sellers have persisted in pushing the SPONGEUSDT market lower. Today, a sponge costs over $0.000136. It appears that the $0.000136 barrier will be broken as the daily candles began to display a more bullish than negative trend. Right now, the price might go up to $0.000136.The increasing crossover between the Hull Suite cryptocurrency indicator and the sponge suggests that the bullish trend is strengthening. The level above zero and the QEE MOD are both approaching. If Coin can overcome the $0.000136 barrier and hit the possible upward targets of $0.000196 and $0.000330 set by the Sponge, the market is expected to rise further. The price may drop below the support levels of $0.000087 if the bears are able to hold the resistance level of $0.000136. SPONGEUSDT Medium-term Trend: BullishThe future of SPONGEUSDT looks bright in the months ahead. Bulls are beginning to reappear since the market is growing so rapidly. A few weeks ago, when the resistance level of $0.000136 was broken, buying won out over selling. As long as the bulls are still motivated, the price reaches its previous peak.The price is higher than both Hull suite indicators. Given that the QQEMOD histogram is above zero and the signal line is pointing upward, buying is recommended.Uptober FeelingsUptober Vibes \ud83d\udc8e pic.twitter.com\/GdxTZjQWCv— $SPONGE (@spongeoneth) October 21, 2024 "}