Sponge (SPONGEUSDT) Is Pushing Towards $0.000136 Level as Bulls’ Impetus Increases

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Bullish pressure increases in the Sponge market

SPONGEUSDT Price Analysis – 28 August

If more buyers enter the market this week, there is a potential that Sponge will go up toward the resistance level of $0.000136, which is followed by the levels of $0.000196 and $0.000330.

Key Levels:

Supply level: $0.000136, $0.000196, $0.000330

Demand level: $0.000093, $0.000006, $0.000004

SPONGEUSDT Medium-term Trend: Bullish

SPONGEUSDT purchasers were unable to significantly raise the price above the $0.00036 barrier level last week. The bearish pressure caused the price to fall toward the $0.0000093 support level. A few bearish candles developed, further lowering the price. The price retraced its steps in the direction of the $0.000093 support level. At the support level of $0.000093, the buyers were able to counteract the bearish momentum. Currently, the price is moving toward the previous high of $0.000136.

Given that a pin bar candle pattern appeared on the daily chart, there is a chance that the price will increase throughout the course of the upcoming trading days. On the daily chart, Sponge is trading slightly above the two exponential moving averages (EMAs), the relative strength index period 14 is at 45 levels, and the signal lines are pointing north, which is a positive sign.

SPONGEUSDT Price Medium-term Trend: Bullish

SPONGEUSDT on the medium term is bullish. The coin broke through the dynamic resistance level from last week and increased to challenge the $0.000136 level of resistance. Sponge is currently being pushed towards the $0.000136 resistance level as the bulls’ impetus increases and the bulls acquire more strength.

If more buyers enter the market the following week, there is a potential that the price will go up toward the resistance level of $0.000136, which is followed by the levels of $0.000196 and $0.000330. The signal lines heading north indicate a potential price rise, and the relative strength index period 14 is close to $49.

Where are the critics?

Invest in the hottest and best meme coin. Buy Sponge ($SPONGE) today!


  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *