Price will increase as investor interest grows
SPONGEUSDT Price Analysis – 26 May
Sponge might surpass $0.00087 if the bulls apply more pressure. Bullish momentum will accelerate after the price breaks over the $0.00038 resistance level, which is followed by the $0.00065 and $0.00087 barrier levels.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.00038, $0.00065, $0.00087
Support levels: $0.000092, $0.00004, $0.00002
SPONGEUSDT Long-term Trend: Bullish
On the daily chart, SPONGEUSDT is bullish. Buyers provided sellers the flexibility to behave however they chose in order to give investors more options. Additionally, to enable a big audience to purchase Sponge for a low cost. The price is now $0.00038 or less. kudos, sponge manufacturer. They will benefit from the optimistic trend that the SPONGEUSDT market will start to experience soon. The current high resistance levels will swiftly become support levels if there is a bullish breakout at the $0.00038 level.
MEME TOKEN Might Blow Up IF THIS OCCURS!
The price is about to surpass the 9-period and 21-period moving averages. Bullish momentum will accelerate after the price breaks over the $0.00038 resistance level, which is followed by the $0.00065 and $0.00087 barrier levels. The price might surpass $0.00087 if the bulls apply more pressure.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is preferred in shorter time durations. With more people buying the coin, the support level at $0.00038 failed to hold. The price of the Sponge will increase as demand grows. The price movement changed direction on May 7 and reached the $0.00038 support level. In an effort to attract more buyers, the price was later lowered to $0.00038.
The buy signal is being displayed by the relative strength index period 14 with the signal lines at 57.
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— $SPONGE (@spongeoneth) May 26, 2023
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