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Sponge prices will soon soar toward the north
SPONGEUSDT Price Analysis – 06 June
The positive trend will gain momentum once the price breaks past the $0.00038 resistance level and before the $0.00065 and $0.00087 barrier levels. Price may rise above $0.00087 if bulls keep up their push
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 maker of Sponge is liberal enough by giving an opportunity to as many that will take the advantage, and that is why the price of Sponge is maintained at $0.00038 and $0.00092 levels. Additionally, to make Sponge accessible to a large audience at a reasonable price. The cost is now $0.00038 or less. SPONGEUSDT market will soon begin to experience an upsurge in which all investors stand to gain from the upbeat. When there is a bullish breakout at the $0.00038 level, the $0.00065 may be the target.
The bulls are trailing both the 9-period and 21-period moving averages. The positive trend will gain momentum once the price breaks past the $0.00038 resistance level and before the $0.00065 and $0.00087 barrier levels. Price may rise above $0.00087 if bulls keep up their push.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is preferred for shorter time durations. On May 7, the price movement reversed course and reached the $0.00038 support level after encountering the $0.00098 resistance level. The price is lowered to entice more clients. More people are buying the coin as a result of the support level of $0.00038 failing to hold.
Prices of sponge will rise as demand grows. A purchase signal is displayed by the relative strength index period 14 with the signal lines at 39.
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— $SPONGE (@spongeoneth) June 5, 2023
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