Sponge Price Is Lowered to Attract More Customers

Buyers are gathering momentum

SPONGEUSDT Price Analysis – 14 October

As the bulls gather momentum and break above the $0.00136 resistance barrier, the price is getting closer to the $0.00199 level. SPONGEUSDT will first break over the $0.000199 resistance level, followed by the $0.000253 and $0.000330 barrier levels. If the bears continue to push, the price may drop below $0.000136.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000199, $0.000253, $0.000330

Support levels: $0.000136, $0.00017, $0.0004

SPONGEUSDT Long-term Trend: Bullish

The SPONGEUSDT daily chart currently indicates a bright future. Two weeks ago, the coin was stuck between the resistance level of $0.00017 and the support level of $0.0004. Despite their initial attempt to break over the resistance level at $0.00017, the bulls were ultimately able to breach over the crucial level. The zeal of the bulls caused the price to break through the $0.00196 barrier on September 7. In order to attract other customers, the coin was lowered to the set price. At the moment, Sponge is trying to break over the $0.000199 resistance level.

As the bulls gather momentum and break above the $0.00136 resistance barrier, the price is getting closer to the $0.00199 level. As the price tries to surpass the Hull Suite crypto signals indicator, bull pressure seems to be increasing. Price will first break over the $0.000199 resistance level, followed by the $0.000253 and $0.000330 barrier levels. If the bears continue to push, the price may drop below $0.000136. When the signal line of the QQE MOD indicator crosses above zero, it represents a buy indication.

SPONGEUSDT medium-term Trend: Bullish

The shorter time span is preferable, according to SPONGEUSDT. The price movement tested the $0.001966 resistance level on September 7. After then, it fell back to the $0.00017 support level. The level held steady in spite of the negative push. The market is currently rising toward $0.000199 as the bulls get control of the situation. This is to make corporate and private investment easier.

The forex signals indicator QQE MOD histogram is rising above the zero level, and the purchase signal lines are clearly apparent.

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Crypto guys stick together.

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— $SPONGE (@spongeoneth) October 13, 2024