Sponge (SPONGEUSDT) Price: More Buyers Are Entering Market, Helping Bulls’ Advance.

When priced at $0.000224, sponge sells more effectively

SPONGEUSDT Price Analysis –23 June

As bulls prepare to gather additional impetus, Sponge may increase above $0.000322. After breaking above the $0.000224 resistance level, the price will increase to the $0.000322 and $0.00042 barrier levels as the bullish trend gains momentum.

 

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000224, $0.000322, $0.000402

Support levels: $0.000092, $0.00004, $0.00002

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, SPONGEUSDT price is in the green. Bulls are gaining momentum, and a Sponge increase is going to occur. Due to the fact that there are still spots available for new investors, the pricing is now in the $0.000224 range. More buyers are entering the market, which is helping the bulls advance. Once sufficient investor assets have accumulated, the price of sponge will shortly depart the range zone. Those that take advantage of the impending SPONGEUSDT market revival will succeed.  When sponge is priced at $0.000224 or less, it sells more effectively.

As bulls prepare to gather additional impetus, price may increase above $0.000322. The bulls are still in the lead, according to the 9 and 21 period moving averages. After breaking above the $0.000224 resistance level, the price will increase to the $0.000322 and $0.00042 barrier levels as the bullish trend gains momentum.

SPONGEUSDT medium-term Trend: Bullish

According to SPONGEUSDT, there is a bullish medium-term trend. When the price of sponge crosses the two dynamic resistance levels, a move to the north is about to take place. The cost was reduced in order to draw in more customers. The price originally bumped up against a resistance level at $0.00098. The price trend changed downward to the $0.000224 level as the price approached the $0.00038 barrier level. More people are purchasing the coin as a result of the fall of the previous support level of $0.00024.

Prices for sponges will rise as demand rises. With the signal lines at 52, the relative strength index period 14 will provide a buy signal.

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— $SPONGE (@spongeoneth) June 23, 2023

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