Bulls’ momentum accelerate in Sponge market
SPONGEUSDT Price Analysis – 27 January
Bullish momentum will accelerate if the price breaks over the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels. The price may surpass the just mentioned level if the bulls continue to push it.
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 investors joined the train when buyers allowed sellers to behave however they wanted. Sponge should is currently reasonably priced and available to a broad spectrum of individuals. The cost is now just $0.000145. Congratulations, sponge is soaring to the moon. Investors are currently benefiting from the positive trend that the SPONGEUSDT market is experiencing. If there is a bullish breakout at the $0.000145 level, the high resistance level of $0.000196 will quickly turn into support level.
The Hull Suite crypto signaling indication is surpassed by the price at the moment. Bullish momentum will accelerate if the price breaks over the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels. The price may surpass the just mentioned level if the bulls continue to push it.
SPONGEUSDT medium-term Trend: Bullish
In the shorter time frame, SPONGEUSDT is the better option. The $0.00081 support level was not able to hold because more people are purchasing the coin. Alongside the increase in demand, the sponge’s price will rise. On January 10, the price movement declined course and tested the $0.000040 support level after hitting the $0.000196 resistance level. The price is lowered to draw more customers to the market.
The QQE MOD is showing a purchase signal as the signal lines are larger than zero and the Hull Suite is below the price.
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