Sponge (SPONGEUSDT) Price: More Individuals Are Buying $SPONGE

Azeez Mustapha

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The time has come to buy $SPONGE

SPONGEUSDT Price Analysis –14 June

When the sponge is priced at $0.00038 or less, it sells more effectively. After breaking above the $0.00038 resistance level, the price will increase to the $0.00065 and $0.00087 barrier levels as the rising trend gains momentum.

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. As more buyers enter the market, the bulls continue to make progress. Once sufficient investor assets have accumulated, the price of the sponge will shortly depart the range zone. The price is still $0.00038 because there are still openings for new investors. Those that seize the chance to profit from the upcoming revival of the SPONGEUSDT market will prosper.  The sponge sells more effectively when priced at $0.00038 or less.

As bulls prepare to acquire additional momentum, the price may rise beyond $0.00087. The 9- and 21-period moving averages suggest that the bulls are not trailing. After breaking above the $0.00038 resistance level, the price will increase to the $0.00065 and $0.00087 barrier levels as the rising trend gains momentum.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is bullish on a medium-term trend. The sponge price is currently between the two dynamic resistance levels, and a northward surge is imminent. To entice more clients, the price was lowered. The price movement first ran into the $0.00098 resistance level barrier on May 7. When the price movement approached the $0.00038 support level, it turned around. Because the support level of $0.00038 failed to hold, more individuals are buying the coin.

Prices for sponge will rise as demand rises. With the signal lines at 48, the relative strength index period 14 will provide a purchase signal.

Hodlers continue to reside atop the crypto pyramid!

Invest in the hottest and best meme coin? Buy Sponge ($SPONGE) today!

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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