Sponge (SPONGEUSDT) Price: Bulls’ Momentum Increases Above Dynamic Resistance

Azeez Mustapha

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The Right Time to Invest in $SPONGE is now

SPONGEUSDT Price Analysis – 08 June

The upward trend will quicken after the price crosses past the $0.00038 resistance level and it will increase the price to 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 in green. The bulls are gaining momentum gradually as buyers are on the increase. The price of Sponge will soon burst out from the ranging zone after the accumulation of enough assets from the investors. Opportunity is still available for more investors and that is why the price remains around $0.00038. Those who make use of available opportunities will benefit from the upturn that the SPONGEUSDT market will shortly experience.  Sponge attracts more customers at this reasonably priced level of $0.00038 or less.

 

SPONGE BOB COIN TECHNICAL DAILY PRICE PREDICTION DISCLOSE

SPONGE BOB COIN TECHNICAL DAILY PRICE PREDICTION DISCLOSE

Price may surpass the $0.00087 level as bulls are getting ready to gain more impetus. The bulls appear not to be lagging behind according to both the 9- and 21-period moving averages. The upward trend will quicken after the price crosses past the $0.00038 resistance level and it will increase the price to the $0.00065 and $0.00087 barrier levels.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is bullish on a medium-term trend. The price is currently above the two dynamic resistance levels, which is an indication that Sponge is ready to soar toward the north. However, the price was reduced to draw in more customers. When the price movement encountered the barrier at $0.00098 resistance level on May 7, it turned around and reached the $0.00038 support level. More people are purchasing the coin as a result of the support level of $0.00038 failing to hold.

Costs for sponge will rise as demand does. A purchase signal will be displayed on the relative strength index period 14 with the signal lines at 49.

Sponge soar to the moon.

Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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