Sponge (SPONGEUSDT) Price Market Rebirth Is Imminent, Investors Will Prosper
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Sponge (SPONGEUSDT) Price Market Rebirth Is Imminent, Investors Will Prosper

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Azeez Mustapha

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SPONGEUSDT Price Analysis –15 June

Price will rise to the $0.00065 and $0.00087 barrier levels as the rising trend picks up steam after breaking through the $0.00038 resistance level. Those that take the opportunity to profit from the imminent SPONGEUSDT market rebirth will prosper.

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

SPONGEUSDT price is in the green on the daily chart. Due to the fact that there are still opportunities for new investors, the price is currently $0.00038. The bulls keep moving forward as more buyers come into the market. The price of the sponge will soon leave the range zone once enough investor assets have amassed. Those that take the opportunity to profit from the imminent SPONGEUSDT market rebirth will prosper.  Sponge sells better when it is priced at $0.00038 or less.

The price may increase past $0.00087 as bulls get ready to gain more momentum. The bulls do not appear to be in the rear according to the 9- and 21-period moving averages. Price will rise to the $0.00065 and $0.00087 barrier levels as the rising trend picks up steam after breaking through the $0.00038 resistance level.

SPONGEUSDT is Bullish on the medium-term trend. A rise to the north is about to occur as the price of sponge is now trading between the two dynamic resistance levels. The cost was reduced in order to draw in more customers. The price movement initially encountered the $0.00098 resistance level barrier. The price trend reversed direction as it got close to the $0.00038 support level. More people are purchasing the coin as a result of the support level of $0.00038 failing to hold.

Sponge prices will increase as demand grows. The relative strength index period 14 will give a purchase signal with the signal lines at 48.

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