Sponge (SPONGEUSDT) Is Selling More Effectively When It Is Priced at $0.000092

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Buyers are increasing in the SPONGEUSDT market

SPONGEUSDT Price Analysis –11 July

After overcoming the $0.000224 resistance level, Sponge will increase to the $0.000322 and $0.00042 barrier levels as the positive 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. Sponge is selling more effectively when it is priced at $0.000092.   An increase in buyers on the sponge market is assisting the bulls. As the bulls gather steam, the price rises more quickly. Currently, the price is $0.000092 because there are still spots available for new investors. Once enough investor assets have accumulated, the price of the sponge will quickly increase above the range zone. Profits will be generated by capitalizing on the upcoming SPONGEUSDT market rebound.

Soon, the price will surpass $0.000224 as bulls prepare to acquire further traction. The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. After overcoming the $0.000224 resistance level, the price will increase to the $0.000322 and $0.00042 barrier levels as the positive trend gains momentum.

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SPONGEUSDT medium-term Trend: Bullish

The medium-term prognosis indicates that SPONGEUSDT is now in a growing trend. The cost was reduced in order to draw in more customers. Price initially encountered resistance at $0.00098. The price trend changed downward to the $0.000224 level as the Sponge approached the $0.00038 barrier level. More people are purchasing the coin as a result of the decrease in price from its prior support level of $0.00024. When the price of the sponge crosses the two dynamic resistance levels, a move to the north is about to take place.

Sponge prices will rise in tandem with demand. When the signal lines reach 37, the relative strength index period 14 will recommend making a purchase.

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— $SPONGE (@spongeoneth) July 11, 2023

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