An increase in Sponge price is imminent
SPONGEUSDT Price Analysis – 08 June
In case the bulls continue to gain momentum, the price can go beyond $0.00087. After a price break above the $0.00038 resistance level and prior to the $0.00065 and $0.00087 barrier levels, the upward trend will quicken
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. The cryptocurrency currently only costs $0.00038. In order to provide investors with more options and allow a wide number of people to purchase sponges, prices range from $0.00038 to $0.00092. The optimistic trend that will soon begin to impact the SPONGEUSDT market will be in force for the good of all investors. If there is a bullish breakout at the $0.00038 level, the current strong resistance levels will swiftly turn into support levels.
The price has above both the 9-period and 21-period moving averages today. If the bulls continue to gain momentum, the price can go beyond $0.00087. After a price break above the $0.00038 resistance level and prior to the $0.00065 and $0.00087 barrier levels, the upward trend will quicken
SPONGEUSDT medium-term Trend: Bullish
The best choice for shorter time spans is SPONGEUSDT. On May 7, the price movement hit the $0.00098 resistance level, then reversed course and hit the $0.00038 support level. As a result of the coin’s inability to maintain the support level of $0.00038, more individuals are investing in it. The price of the sponge will increase as demand grows. Today, Sponge Market is dominated by buyers.
To encourage more customers to the market, the price is reduced. With the signal lines at 44, the relative strength index period 14 is showing a buy signal.
Most crucial, be composed and soak up the moisture!
🧽Buy $SPONGE 📈
🧽Sell $SPONGE 💸
🧽Hold $SPONGE 🤝
🧽Most importantly, keep calm and absorb the damp!💦 pic.twitter.com/q0yOMWcELC
— $SPONGE (@spongeoneth) June 4, 2023
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