Sponge Price Is Gaining Value Everyday

Bears are losing ground

SPONGEUSDT Price Analysis – 06 February

Bullish agitation will consolidate if SPONGE breaks over the $0.000145 resistance position, which is followed by the $0.000196 and $0.000330 hedging positions. However, the price may transcend the curtly suggested position if the bulls continue to push it higher.

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 SPONGEUSDT is bullish, according to the daily chart. More buyers enter the market when a coin’s price is dropped, and SPONGEUSDT is no exception. The train is being joined by more investors. Sponge is currently accessible and reasonably priced for a broad spectrum of individuals. The current price is approximately $0.000145. Excellent work! In a few while, Sponge will be heading toward the moon. The increasing trajectory of the SPONGEUSDT will benefit investors. If there is a bullish rout at the $0.000145 level, the support position will soon replace the strong resistance position of $0.000196.

At the moment, the price beats the Hull Suite crypto signaling index. Bullish agitation will consolidate if the price breaks over the $0.000145 resistance position, which is followed by the $0.000196 and $0.000330 hedging positions. However, the price may transcend the curtly suggested position if the bulls continue to push it higher.

 

SPONGEUSDT medium-term Trend: Bullish

In the shorter time frame, SPONGEUSDT is the better option. It is not appropriate to hold the $0.00081 support position because more individuals are purchasing the coin. As demand for the sponge increases, so will its price. On January 10, the price movement fell and tested the $0.000040 support position after hitting the $0.000196 resistance level. The price is lowered in order to raise awareness of the request.

The QQE MOD is showing a buy signal since the value of the Hull Suite is lower and the signal lines are advanced over zero.

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When the next degen play is discovered

When you find the next degen play pic.twitter.com/RsswxGQVTl

— $SPONGE (@spongeoneth) January 30, 2025