Price is lowered to draw more people
SPONGEUSDT Price Analysis – 08 January
Bullish momentum will accelerate if Sponge breaks past the $0.000196 resistance level, which is followed by the $0.000330 and $0.000402 barrier levels. 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 in a bullish situation, according to the daily chart. In order to provide investors more options, buyers allowed sellers to behave however they wanted. Sponge should also be reasonably priced and available to a large audience. The cost is now just $0.000136. Congratulations, sponge maker. They will have the opportunity to benefit from the positive trend that the SPONGEUSDT market is set to begin experiencing. If there is a bullish breakout at the $0.000196 level, the current strong resistance levels will quickly turn into support levels.
The Hull Suite crypto signaling indication is about to be surpassed by the price. Bullish momentum will accelerate if the price breaks past the $0.000196 resistance level, which is followed by the $0.000330 and $0.000402 barrier levels. The price may surpass $0.000402 if the bulls continue to push it.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the better option in the shorter time frame because more people are purchasing the coin, making the $0.000136 support level unholdable.
After hitting the $0.000196 resistance level on December 9, the price movement turned around and reached the $0.000136 support level. The price is lowered to draw more people to the market, and if the signal lines are above the zero level, the QQE MOD will display a purchase signal.
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