Sponge (SPONGEUSDT) Price Remains Possible to Exceed Previous Peak of $0.000695
Login

Sponge (SPONGEUSDT) Price Remains Possible to Exceed Previous Peak of $0.000695

Estimated Reading Time: 2 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

Buyers’ momentum getting stronger

SPONGEUSDT Price Analysis – 11 January

If the price breaks over the $0.000577 level, bullish momentum will pick up steam and drive Sponge back to the $0.000695 and $0.000886 barrier levels. Moreover, a more robust positive growth can push the price beyond $0.000886.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000577, $0.000695, $0.000886

Support levels: $0.000500, $0.000462, $0.000403

SPONGEUSDT Long-term Trend: Bullish

On the daily SPONGEUSDT chart, there are currently positive signals for the future. Given the upward trend, it is anticipated that the sponge market will rebound and hit its three-day high of $0.000695. People can now wager on both businesses and themselves thanks to this. Positive pressure will eventually cause the price to return to its former peak. We expect the current strong resistance levels to become support levels following a successful breakthrough of the $0.000577 level. It remains possible to exceed the previous peak of $0.000695.

Given the current pattern, which shows that purchasers are growing, a price increase of more than $0.000577 is probably going to occur. It’s not as expensive as the Hull Suite generally is. If the price breaks over the $0.000577 level, bullish momentum will pick up steam and drive the price back to the $0.000695 and $0.000886 barrier levels. Moreover, a more robust positive growth can push the price beyond $0.000886.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is up for a shorter period. The sponge’s price rises in response to an increase in clients. The price action on January 06 broke over the $0.000695 resistance level before falling below the $0.000500 support level. The $0.000695 barrier level held when buying took place. Bulls will keep driving the market higher and closer to the $0.000695 barrier.

The price above the Hull Suite signal, hence the QQ MOD indication suggests buying.

4,600,326,590 $SPONGE coins have been staked as of now

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

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News