Sponge Price Is Soaring Towards Moon
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Sponge Price Is Soaring Towards Moon

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Azeez Mustapha

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Buyers increase their momentum

SPONGE (SPONGEUSDT) Price Analysis – 30 October

If the $0.000081 level holds, the goals might be the resistance levels of $0.000136, $0.000330, and $1,786. If the bearish trend breaks through the $0.000081 level, the support levels of $0.000006 and $0.000004 can be tested

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000136, $0.000196, $$0.000330

Support levels: $0.000081, $0.000006, $0.000004

SPONGEUSDT Long-term Trend: Bullish

Sponge appears to have a bright future. Customers aren’t exhausted yet. Prices for sponges are increasing due to consumer demand. The $0.000136 resistance level was not upheld on September 6. Every day, there were more bullish candles. The price surpassed a crucial pricing criterion at $0.000136. The price fluctuated between the stated resistance levels last week. Toward the end of the week, sellers increased their pressure and broke the level in an attempt to attract more investors. Buyers are currently exerting more pressure and looking for the $0.000136 mark.

Sponge Price Is Soaring Towards Moon

The Hull Suite crypto signaling indicator and the price trading above both show how well the Sponge market is doing. If the $0.000081 level holds, the goals might be the resistance levels of $0.000136, $0.000330, and $1,786. If the bearish trend breaks through the $0.000081 level, the support levels of $0.000006 and $0.000004 can be tested.

SPONGEUSDT Medium-term Trend: Bullish

The Sponge chart can exhibit a positive trend for four hours. There was no bearish market reversal as a result of the selling disruption. At the previously indicated resistance level, it appears that the bulls’ pressure has not yet been released. Strong bullish candles developed on October 14th, suggesting that buyers are gaining ground. The price will increase to about $0.000196 after surpassing the $0.000136 barrier.

Sponge Price Is Soaring Towards Moon It appears that purchasers are getting more active because the price is higher than that of the Hull Suite. A purchase signal is displayed by the QQE MOD.

Bears have a difficult time adjusting.

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