Bulls’ momentum is increasing in Sponge market
SPONGEUSDT Price Analysis – 19 March
Until SPONGEUSDT breaks through the resistance level of $0.000145, it will continue to rise until it reaches the barrier levels of $0.000196 and $0.000330. The price could rise above $0.000330 as a result of the bulls’ upward surge.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000145, $0.000196, $0.000330
Support levels: $0.000081, $0.000040, $0.000021
SPONGEUSDT Long-term Trend: Bullish
According to the daily chart, SPONGEUSDT is currently bullish. In an attempt to draw in more customers, the currency’s price has been lowered to the previously established $0.000081. A few days ago, the price of the currency fluctuated between the $0.000081 resistance and the $0.000040 support levels. In the end, the bulls were able to breach the anticipated barrier level. The bulls’ rage caused the price to hit the $0.000145 barrier level on January 7.
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A rise in investor interest in Sponge is bringing the price level closer to $0.000145. Price attempts to break above the Hull Suite crypto signaling indicator, indicating more bullish pressure. Until the price breaks through the resistance level of $0.000145, it will continue to rise until it reaches the barrier levels of $0.000196 and $0.000330. The price could rise above $0.000330 as a result of the bulls’ upward surge.
SPONGEUSDT medium-term Trend: Bullish
The short-term outlook for SPONGEUSDT is positive. The price of the sponge is increasing due to increased consumer demand. The price movement tested the $0.000145 resistance level on January 7 and then retraced to the $0.000081 support level. Because there were more buyers, the level could not be surpassed. The price is now surging toward $0.000145, and the bulls are gaining ground. Now, more individuals and businesses will be able to make investments.
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The dip below the dip
The dip of the dip 💦 pic.twitter.com/kBSGmORFFu
— $SPONGE (@spongeoneth) March 17, 2025
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