Sponge (SPONGEUSDT) Price Rises More Swiftly as Bulls Gain Momentum

Azeez Mustapha

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There are more buyers in the SPONGEUSDT market

SPONGEUSDT Price Analysis –14 July

After breaking above the $0.000224 resistance level, Sponge will rise to the $0.000322 and $0.00042 barrier levels as the upward trend continues.

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, the price of SPONGEUSDT is bullish. The bulls benefited from a rise of purchasers in the sponge market. The price rises more swiftly as the bulls gain momentum. The price is playing around $0.000092 because there are still openings for new investors. Sponge attracts more buyers effectively when it is priced at $0.000092. Once sufficient amounts of investor funds have accumulated, the price of the sponge will quickly rise over $0.000224. Profits will be made by taking advantage of the impending SPONGEUSDT market recovery.

The price is about to surpass the $0.000224 mark as the bulls get ready to gain further traction. The 9 and 21-period moving averages show that the bulls are still in the lead. After breaking above the $0.000224 resistance level, the price will rise to the $0.000322 and $0.00042 barrier levels as the upward trend continues.

Is this the next PEPE Coin 100X? | SPONGE MEME COIN PUMPING?

SPONGEUSDT medium-term Trend: Bullish

The medium-term view reveals that SPONGEUSDT is now expanding. To entice more clients, the price was lowered. Price ran into resistance of $0.00098 at first. As the price got closer to the $0.00038 barrier level, the price trend shifted downward to the $0.000224 level. Because the price of the coin has dropped from its previous support level of $0.00024, more individuals are buying it. A move to the north is about to occur when the price of the sponge crosses the two dynamic resistance levels.

Prices for sponge will rise due to increased demand. The relative strength index period 14 will advise making a purchase when the signal lines hit the 41 level.

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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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