Sponge price bulls’ pressure
SPONGEUSDT Price Analysis – 07 August
The bulls are still in the lead, according to the Hull Suite crypto signals indicator. The price will increase as long as it crosses above the $0.000502 and $0.000610 barrier levels.
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
The price of SPONGEUSDT is rising on the daily chart. Due to new investors, there have been price variations of about $0.000262. For $0.000136, Sponge successfully obtains new clients. The bulls in the sponge market benefit from an increase in sales. As the bulls gather steam, the price increases more quickly. In the end, Sponge will cost more than $0.000404 if sufficient funds are contributed. Taking advantage of the impending SPONGEUSDT market recovery can result in profits.
SPONGEUSDT medium-term Trend: Bullish
According to the medium-term outlook, SPONGEUSDT is presently rising. The pricing received $0.000136 in support. The price trended toward the $0.000262 level as it approached the $0.000404 barrier level. The price was reduced to attract more purchasers. More people are purchasing the coin now that its price has dropped from its previous resistance level of $0.000502. The price of the sponge is expected to climb north if it crosses the dynamic resistance levels.
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Where is the moisture?
[xyz-ihs snippet="Markets"]Where the damp at? 💦 pic.twitter.com/KClTbufmqI
— $SPONGE (@spongeoneth) August 7, 2024
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