Price is increasing towards $0.000402 barrier
SPONGEUSDT Price Analysis – 23 January
Bullish instigation will accelerate if SPONGEUSDT breaks over the $0.000196 resistance position, which is followed by the $0.000330 and $0.000402 hedging positions. The price may surpass $0.000402 if the bulls continue to push it.
SPONGE/USDT Market
Key levels:
Resistance levels: $0.000196, $0.000330, $0.000402
Support levels: $0.000136, $0.000081, $0.000006
SPONGEUSDT Long-term Trend: Bullish
The SPONGEUSDT is bullish, according to the daily chart. To provide investors additional options, buyers allowed merchandisers to operate as they wanted. Sponge should also be reasonably priced and available to a broad spectrum of individuals. The cost is now just $0.000136. Congratulations, sponge maker. The beneficial trend that the SPONGEUSDT request is set to experience will be appropriate for them to capitalize on. If there is a bullish rout at the $0.000196 level, the high resistance circumstances that are currently in place will momentarily turn into support situations.
The Hull Suite crypto signaling index is about to be surpassed by the price. Bullish instigation will accelerate if the price breaks over the $0.000196 resistance position, which is followed by the $0.000330 and $0.000402 hedging positions. The price may surpass $0.000402 if the bulls continue to push it.
SPONGEUSDT medium-term Trend: Bullish
In the shorter time frame, SPONGEUSDT is the better option. It was not appropriate to hold the $0.000136 support position because more people were purchasing the coin. As the demand for the shaft rises, so will the sponge’s price. On December 9, the price movement reversed course and achieved the $0.000136 support position after hitting the $0.000196 resistance position. The price is lowered in an effort to draw more attention to the request.
If the signal lines of the QQE MOD are less than zero, a purchase signal will be displayed.
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