Price is on the verge of surpassing $0.000196
SPONGEUSDT Price Analysis – 18 January
If the price breaks over the $0.000196 resistance position, which is followed by the $0.000330 and $0.000402 barricade situations, bullish instigation will pick up speed. The price might rise above $0.000402 if the bulls keep pushing it.
SPONGE/USDT Market
Key levels:
Resistance levels: $0.000196, $0.000330, $0.000402
Support levels: $0.000136, $0.000081, $0.000006
SPONGEUSDT Long-term Trend: Bullish
The daily time frame indicates that the SPONGEUSDT is in a bullish state. Buyers gave merchandisers the freedom to act as they pleased in order to give investors more choices. Also, sponge ought to be affordable and accessible to a wide range of people. Now, the price is only $0.000136. Well done, sponge maker. They will be suitable to take advantage of the favorable trend that the SPONGEUSDT request is about to start seeing. The high resistance situations that are presently in place will swiftly come support situations if there is a bullish rout at the$ 0.000196 position.
The price is on the verge of surpassing the Hull Suite crypto signaling indicator. If the price breaks over the $0.000196 resistance position, which is followed by the $0.000330 and $0.000402 barricade situations, bullish instigation will pick up speed. The price might rise above $0.000402 if the bulls keep pushing it.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is the superior choice in the shorter time range. Because further people are buying the coin, the $0.000136 support position was unfit to hold. The price of the sponge will increase in tandem with the shift in demand. After reaching the $0.000196 resistance position on December 9, the price movement turned around and reached the $0.000136 support position. In order to attract farther people to the request, the price is reduced.
Still, it will display a purchase signal, If the QQE MOD’s signal lines are further than zero.
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