Bulls are pushing price higher
SPONGEUSDT Price Analysis – 29 January
If the price breaks over the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels, bullish momentum will pick up speed. If the bulls keep pushing the price, it might surpass the level that was previously mentioned.
SPONGE/USDT Market
Key levels:
Resistance levels: $0.000145, $0.000196, $0.000330
Support levels: $0.000081, $0.000040, $0.000021
SPONGEUSDT Long-term Trend: Bullish
The daily chart indicates that the SPONGEUSDT is bullish. When buyers let sellers act however they wanted, more investors boarded the train. At the moment, sponge ought to be affordable and available to a wide range of people. Now, the price is only $0.000145. Sponge is flying toward the moon, congratulations. Right now, investors are profiting from the upward trend in the SPONGEUSDT market. The high resistance level of $0.000196 will swiftly become the support level if there is a bullish breakout at the $0.000145 level.
The price currently outperforms the Hull Suite crypto signaling indicator. If the price breaks over the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels, bullish momentum will pick up speed. If the bulls keep pushing the price, it might surpass the level that was previously mentioned.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the superior choice in the shorter time range. Because more people are buying the coin, the $0.00081 support level was unable to hold. The price of the sponge will rise in tandem with the rise in demand. After reaching the $0.000196 resistance level on January 10, the price movement pulled down and tested the $0.000040 support level. In order to attract more people to the market, the price is reduced.
Because the Hull Suite is less expensive and the signal lines are higher than zero, the QQE MOD is displaying a buy signal.
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