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SPONGE (SPONGEUSDT) Price: More Pressure From Bulls

Azeez Mustapha
Updated 1 min read
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SPONGE (SPONGEUSDT) Price: More Pressure From Bulls

Buyers are in control of SPONGE market

The price levels of $0.000330 and $0.000402 may be tried if the resistance level of $0.000196 is broken higher. If the resistance level of $0.000196 holds, bears may find support levels at $0.000136, $0.000081, and $0.000006.

SPONGE/USDT Market

Key levels:

Resistance levels: $0.000196, $0.000330, $0.000402

Support levels: $0.000136, $0.000081, $0.000006

SPONGEUSDT Long-term Trend: Bullish

The daily chart indicates that the SPONGEUSDT is in a bullish state. The bullish trend that began on October 28 has caused the price to soar to a high of $0.000196. The bulls crossed over the indicated level when a bullish harami candle emerged. As additional bullish candles were made, the SPONGE kept rising. It broke through the $0.000136 barrier and is presently approaching the $0.000196 level.

SPONGE (SPONGEUSDT) Price: More Pressure From Bulls

Buyers control the SPONGE market. The Hull Suite has crossed below the price, but the price is trading above the QQE MOD crypto indicator’s zero line, suggesting a bullish rise. There might be more positive action as long as the bulls continue to push. The price levels of $0.000330 and $0.000402 may be tried if the resistance level of $0.000196 is broken higher. If the resistance level of $0.000196 holds, bears may find support levels at $0.000136, $0.000081, and $0.000006.

SPONGEUSDT medium-term Trend: Bullish

Bullish is the 4-hour SPONGEUSDT chart. Last week, buyers dominated the sponge market. The bulls were progressively coming under increasing strain as the bullish trend persisted. The $0.000196 resistance level was put to the test. As a result of the bulls’ increased ability to apply pressure, the price is now approaching the $0.000196 resistance level.

SPONGE (SPONGEUSDT) Price: More Pressure From Bulls The QQE MOD indicator is moving upward, and the cryptocurrency is trading above the Hull Suite crypto signal, which indicates a bull market. A purchase indication is shown by the signal lines bending upward.

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