Sponge (SPONGEUSDT) Market Exhibit Bullish Trend
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Sponge (SPONGEUSDT) Market Exhibit Bullish Trend

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Azeez Mustapha

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More purchasers are joining market

SPONGEUSDT Price Analysis – 06 May

When the price breaks over the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels, bullish momentum will pick up speed. Should the bulls keep pushing, the price might rise above $0.000330.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000145, $0.000196, $0.000330

Support levels: $0.000081, $0.000040, $0.000021

SPONGEUSDT Long-term Trend: Bullish

A bright future is indicated by the daily SPONGEUSDT chart. In order to give investors more options, buyers gave sellers complete control over their actions. Sponge must also be available to a broad spectrum of individuals. Right now, the price is $0.000081 or less. Bravo, sponge producer. The upward trend that the SPONGEUSDT market will soon begin to exhibit will be advantageous to investors. If there is a bullish breakout at the $0.000145 level, the current strong resistance levels will quickly turn into support levels.

Sponge (SPONGEUSDT) Market Exhibit Bullish Trend

It is anticipated that the price would rise above the Hull Suite crypto signaling indication. When the price breaks over the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels, bullish momentum will pick up speed. Should the bulls keep pushing, the price might rise above $0.000330.

SPONGEUSDT medium-term Trend: Bullish

For shorter periods, SPONGEUSDT is advised. As more purchasers purchased, the cryptocurrency’s support level of $0.00081 was breached. Alongside the increase in demand, the sponge’s price will also grow. On January 16, the price movement shifted course and hit the support level of $0.000081. Later, the price was reduced to $0.000081 in an attempt to draw in more customers.

Sponge (SPONGEUSDT) Market Exhibit Bullish Trend Given that the Hull Suite value is lower and the signal lines are advanced over zero, the QQE MOD is displaying a buy signal.

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