Price rises faster as bulls gain momentum
SPONGEUSDT Price Analysis –18 August
The price is approaching $0.000404, thus there’s a significant probability the bulls will profit even more. As long as SPONGEUSDT stays above the $0.000502 and $0.000610 barrier limits, it will rise. The price rises faster as the bulls gain momentum.
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 is getting more expensive. The entry of new investors has caused a $0.000262 change in price. Sponge successfully acquires new customers for $0.000136. For the bulls in the sponge market, higher sales equal higher profits. The price rises faster as the bulls gain momentum. In conclusion, if sufficient funding is available, Sponge will cost more than $0.000404. Profits can be made by capitalizing on the approaching SPONGEUSDT market recovery.
The price is approaching $0.000404, thus there’s a significant probability the bulls will profit even more. The Hull Suite crypto signals indicator shows that the bulls are still in the lead. As long as the price stays above the $0.000502 and $0.000610 barrier limits, it will rise.
SPONGEUSDT medium-term Trend: Bullish
The medium-term outlook indicates that SPONGEUSDT is currently growing. Support for the pricing came in at $0.000136. As it got closer to the $0.000404 barrier level, the price trended toward the $0.000262 level. To entice additional buyers, the price was lowered. Now that the coin’s price has fallen from its prior resistance level of $0.000502, more individuals are buying it. A significant surge in the north is predicted if sponge prices break through the dynamic resistance levels.
Anything that descends, must ascend
[xyz-ihs snippet="Markets"]What goes down, must come up 🔥 pic.twitter.com/NUgCh6htu9
— $SPONGE (@spongeoneth) August 17, 2024
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