Sponge (SPONGEUSDT) Price: A Move Towards North Is About to Take Place

Buyers’ Pressure Increases in SPONGEUSDT

SPONGEUSDT Price Analysis –27 July

The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. Sponge will increase to the $0.000322 and $0.00042 barrier levels as the rising trend continues after breaking through the $0.000224 resistance level.

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. Price has changed by around $0.000092 recently due to new investors. At $0.000092, sponge effectively draws in more clients. The surge in the sponge market benefits the bulls. As the bulls gather strength, the price climbs more quickly. The price of the sponge will soon surpass $0.000224 whenever enough investment capital is amassed. Taking advantage of the impending SPONGEUSDT market recovery will result in profits.

The bulls are prepared to gain more ground as the price gets closer to $0.000224. The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. The price will increase to the $0.000322 and $0.00042 barrier levels as the rising trend continues after breaking through the $0.000224 resistance level.

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SPONGEUSDT medium-term Trend: Bullish

According to the medium-term outlook, SPONGEUSDT is currently rising. Price immediately encountered resistance at $0.00098. The price trend changed downward to the $0.000224 level as the price approached the $0.00038 barrier level. The cost was reduced in order to draw in more customers. 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.

The rising demand for sponge will result in higher prices. Anytime the signal lines cross the level of 37, the relative strength index period 14 will advise buying.

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