The price is getting closer to $0.00199 mark
SPONGEUSDT Price Analysis – 21 October
As the bulls strengthen and break over the $0.00136 resistance level, the price is getting closer to the $0.00199 mark. The barrier levels of $0.000253 and $0.000330 will be broken after the resistance level of $0.000199. SPONGEUSDT may drop below $0.000136 if the bears continue their drive.
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. Although the bulls initially attempted to break over the resistance level at $0.00017, they ultimately succeeded in breaching over the key level. The zeal of the bulls caused the price to break through the $0.00196 barrier on September 7. To attract additional purchasers, the crypto was lowered to the fixed price. At this point, Sponge is trying to break through the $0.000199 resistance level.
As the bulls strengthen and break over the $0.00136 resistance level, the price is getting closer to the $0.00199 mark. As the price tries to surpass the Hull Suite crypto signals indicator, bull pressure seems to be increasing. The barrier levels of $0.000253 and $0.000330 will be broken after the resistance level of $0.000199. The price may drop below $0.000136 if the bears continue their drive. When the signal line of the QQE MOD indicator rises above zero, a purchase signal is shown.
Panic Time | Sponge v2 website outage | Sponge v2 cryptocurrency | justbeingdak
SPONGEUSDT medium-term Trend: Bullish
According to SPONGEUSDT, the shorter time frame is preferable. 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 take control. Corporate and private investment will be made easier as a result.
Start using a world-class auto trading solution
Early moonshots are being called by crypto bros.
Crypto bros calling moonshots early pic.twitter.com/E4PTSpYJYO
— $SPONGE (@spongeoneth) October 19, 2024
