Sponge Price: Bulls Might Rule Sponge Market Coming Week

Buyers will increase in the sponge market

Sponge Price Analysis: 15 February

If the buyers can breach the resistance level of $0.000886 then Sponge can move up toward the resistance levels of $0.000996 and $0.001158. The price may drop into the support levels of $0.000697, $0.000580, and $0.000500 if the $0.000886 resistance level is maintained.

Key Levels:

Resistance Levels: $0.000886, $0.000996, $0.001158

Support Levels: $0.000697, $0.000580, $0.000500

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, the sponge is moving upward. A significant adverse trend caused the currency to drop as low as $0.000500 on January 27. Sponge climbed after the bulls successfully defended the $0.000500 support level and burst through the resistance levels at $0.000580 and $0.000697. On February 4, the resistance level of $0.000886 was put to the test. In a trending market, the price is presently declining as a phenomenon. This coming week, bulls might rule the sponge market.

The Hull Suite dynamic resistance level is being challenged by the Sponge price, and it might soon begin to trade over it. The price may rise toward the resistance levels of $0.000996 and $0.001158 if the buyers are successful in breaking over the $0.000886 barrier. If the $0.000886 resistance level holds, the price can fall into the support levels of $0.000697, $0.000580, and $0.000500. QQE MOD, the best forex signal indicator, is pointing down and is below zero.

SPONGEUSDT Price Medium-term Trend: Bullish

Sponge’s 4-hour chart is getting higher. The downward trend stopped as it approached the $0.000500 support level. The price surged higher as the bulls gained greater traction. After testing the resistance level, the uptrend has broken through the $0.000697 resistance barrier. The price will rise to break through the $0.001158 barrier level. Following the reversal, bullish movement may continue.

The price of the sponge is currently slightly above both Hull Suite indicators, indicating bullish momentum in the market. The QQE MOD indicates a buy signal when it rises over zero.

NOTHING ABOUT US IS THE SAME

WE ARE NOT THE SAME. 🔥🔥🔥$SPONGE #SpongeV2 #Crypto #Web3 #PEPE #DOGE #FLOKI #Alts pic.twitter.com/iIHmKMnrrV

— $SPONGE (@spongeoneth) February 15, 2024

Invest in the hottest and best meme coin. Buy Sponge ($SPONGE) today