Sponge (SPONGEUSDT) Price: Now Is the Right Time to Invest

Buyers’ momentum will soon trigger the rise

SPONGEUSDT Price Analysis – 03 January

As soon as Sponge breaches the $0.000196 resistance level, which is followed by the $0.000330 and $0.000402 barrier levels, bullish momentum will pick up speed. When the bulls put further pressure on the price, it can go above $0.000402.

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

SPONGEUSDT is bullish on the daily chart. Buyers gave sellers the freedom to act anyway they pleased; this is done to provide investors with greater opportunities. Moreover, to make Sponge accessible to a vast number of individuals at a reasonable cost. The cost is decreased to less than $0.000136. Well done, sponge maker. The cheerful trend that the SPONGEUSDT market will soon start to encounter will allow them to profit. The high resistance levels that are now in place will swiftly change into support levels if there is a bullish breakout at the $0.000196 level.

The price is on the verge of passing the Hull Suite crypto signals indicator. As soon as the price breaches the $0.000196 resistance level, which is followed by the $0.000330 and $0.000402 barrier levels, bullish momentum will pick up speed. When the bulls put further pressure on the price, it can go above $0.000402.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is preferred in the shorter time range. Because more people are buying the coin, the $0.000136 support level was unable to hold. The price of the sponge will increase as demand grows. After reaching the $0.000196 resistance level on December 9, the price movement turned around and achieved the $0.000136 support level. In order to attract more consumers to the market, the price is reduced.

The QQE MOD with the signal lines above zero level will exhibit buy signal.

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