Sponge (SPONGEUSDT) Dropped to $0.000092 Level, More Individuals Are Investing

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SPONGEUSDT Price is targeting $0.000224 level for breakout

SPONGEUSDT Price Analysis –10 July

After breaking above the $0.000224 resistance level, Sponge will increase to the $0.000322 and $0.00042 barrier levels as the bullish trend gains momentum.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000224, $0.000322, $0.000402

Support levels: $0.000092, $0.00004, $0.00002

SPONGEUSDT Long-term Trend: Bullish

The price of SPONGEUSDT is bullish on the daily chart. The market for Sponge is seeing a rise in purchasers, which is helping the bulls. The price will increase more swiftly as the bulls gain momentum. The price is $0.000092 right now because there are still openings for new investors. The price of sponge will swiftly rise over the range zone once sufficient investor assets have been amassed. Profits will come from taking advantage of the impending SPONGEUSDT market recovery.  Sponge sells better when it is priced at $0.000092 or less.

The price will soon rise above $0.000224 as bulls get ready to gain more momentum. The 9 and 21-period moving averages show that the bulls are still in the lead. As the bullish trend gets traction, the price will rise to the $0.000322 and $0.00042 barrier levels after breaking through the $0.000224 resistance level.

SpongeBob ($SPONGE) Token: Is it Genuine or a Scam?

SPONGEUSDT medium-term Trend: Bullish

The medium-term prognosis indicates that SPONGEUSDT is now in a growing trend. To entice more clients, the price was lowered. Price ran into resistance at $0.00098 at first. As the price got closer to the $0.00038 barrier level, the price trend shifted downward to the $0.000224 level. Because the price of the coin has dropped from its previous support level of $0.00024, more individuals are buying it. A move to the north is about to occur when the price of the sponge crosses the two dynamic resistance levels.

The price for sponge will increase along with demand. Relative strength index period 14 will advise a purchase when the signal lines hit 39.

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— $SPONGE (@spongeoneth) July 10, 2023

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