Price is rising above $0.000402 provided buyers exert pressure
SPONGEUSDT Price Analysis – 20 January
If SPONGE breaks over the $0.000196 resistance level, which is followed by the $0.000330 and $0.000402 barrier levels, bullish momentum will pick up speed. The price might rise above $0.000402 if the bulls keep pushing 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 daily chart indicates that the SPONGEUSDT is in a bullish state. Buyers gave sellers the freedom to act however they pleased in order to provide investors more choices. Additionally, sponge ought to be affordable and accessible to a wide range of people. Now, the price is only $0.000136. Well done, sponge maker. They will be able to take advantage of the favorable trend that the SPONGEUSDT market is about to start seeing. The high resistance levels that are currently in place will swiftly become support levels if there is a bullish breakout at the $0.000196 level.
The price is on the verge of surpassing the Hull Suite crypto signaling indicator. If the price breaks over the $0.000196 resistance level, which is followed by the $0.000330 and $0.000402 barrier levels, bullish momentum will pick up speed. The price might rise above $0.000402 if the bulls keep pushing it.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the superior choice in the shorter time range. Because more people are buying the coin, the $0.000136 support level was unable to hold. The price of the sponge will increase in tandem with the spike in demand. After reaching the $0.000196 resistance level on December 9, the price movement turned around and reached the $0.000136 support level. In order to attract more people to the market, the price is reduced.
If the QQE MOD’s signal lines are greater than zero, it will display a purchase signal.
The same pandemonium on a new day
New day, same chaos 💦💦 pic.twitter.com/QVztpe7KSn
— $SPONGE (@spongeoneth) January 14, 2025
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