Sponge (SPONGEUSDT) Price: A Move to North Is Expected
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Sponge (SPONGEUSDT) Price: A Move to North Is Expected

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Azeez Mustapha

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Buyers’ pressure increase in Sponge market

SPONGEUSDT Price Analysis –26 July

As long as it breaks above the $0.000404 resistance level, SPONGEUSDT will rise to the $0.000502 and $0.000610 barrier levels. The price approaches $0.000404, the bulls are well-positioned to take further profits.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000404, $0.000502, $0.000610

Support levels: $0.000262, $0.000196, $0.000136

 

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, SPONGEUSDT’s price is positive. The outcome of new investors is the current price change of around $0.000262. Sponge attracts more customers efficiently for $0.000136. The bulls benefit from an increase in purchasers in the sponge market. The price rises faster as the bulls gain momentum. In the near future, sponge will cost more than $0.000404 once sufficient funding has been raised. Profits can be made by capitalizing on the approaching SPONGEUSDT market recovery.

As the price approaches $0.000404, the bulls are well-positioned to take further profits. The Hull Suite crypto signals indicator shows that the bulls are still in the lead. As long as it breaks above the $0.000404 resistance level, the price will rise to the $0.000502 and $0.000610 barrier levels.

 

SPONGEUSDT medium-term Trend: Bullish

The medium-term outlook indicates that SPONGEUSDT is currently growing. Resistance was reached by the price at $0.000136. As the price got closer to the $0.000404 barrier level, the price trend shifted to the $0.000262 level. To entice additional buyers, the price was lowered. Now that the coin’s price has fallen from its last resistance level of $0.000502, more individuals are buying it. A move to the north is expected when the price of sponge crosses the dynamic resistance levels.


Prices will grow as demand for sponge increases. The QQE MOD will suggest buying once the signal lines cross the zero barrier.

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