A Soaring to the north will take place soon
SPONGEUSDT Price Analysis –03 July
The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. After breaking above the $0.000224 resistance level, the price 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
SPONGEUSDT’s price is bullish on the daily chart. Bulls are gaining momentum, and there will be a spike increase. Due to the fact that there are still spots available for new investors, the price is currently about $0.000224. More buyers are entering the market, which is helping the bulls advance. Once sufficient investor assets have accumulated, the price of the sponge will shortly depart the range zone. Success will go to those that capitalize on the impending SPONGEUSDT market resurgence. When the sponge is priced at $0.000224 or less, it sells more effectively.
As bulls prepare to gather additional impetus, the price may increase above $0.000322. The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. After breaking above the $0.000224 resistance level, the price will increase to the $0.000322 and $0.00042 barrier levels as the bullish trend gains momentum.
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SPONGEUSDT medium-term Trend: Bullish
According to the medium-term outlook, SPONGEUSDT is on a bullish trend. When the price of the sponge crosses the two dynamic resistance levels, a move to the north is about to take place. The cost was reduced in order to draw in more customers. Price initially encountered a $0.00098 resistance level. The price trend changed downward to the $0.000224 level as the price approached the $0.00038 barrier level. More people are purchasing the coin as a result of its slide from its previous support level of $0.00024.
Costs for sponge will rise as demand rises. With the signal lines at 50, the relative strength index period 14 will provide a buy signal.
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— $SPONGE (@spongeoneth) July 2, 2023
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