Sponge (SPONGEUSDT) Price Shows Growing Momentum

Bullish momentum will accelerate

SPONGEUSDT Price Analysis – 17 April

Bullish momentum will accelerate when the price breaks above the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels. Should the bulls continue to exert pressure, the price may surpass $0.000330.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000145, $0.000196, $0.000330

Support levels: $0.000081, $0.000040, $0.000021

SPONGEUSDT Long-term Trend: Bullish

The prognosis on the SPONGEUSDT daily chart is optimistic. Buyers allowed sellers to do anything they wanted to provide investors additional choices. Additionally, Sponge should be accessible to a wide range of people. The price is now $0.000081 or less. Well done, sponge manufacturer. Buyers will benefit from the growing trend that the SPONGEUSDT market will soon start to show. The strong resistance levels that are currently in place will swiftly become support levels if there is a bullish breakout at the $0.000145 level.

The price is expected to surpass the Hull Suite crypto signaling indicator. Bullish momentum will accelerate when the price breaks above the $0.000145 resistance level, which is followed by the $0.000196 and $0.000330 barrier levels. Should the bulls continue to exert pressure, the price may surpass $0.000330.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is recommended for shorter durations. The cryptocurrency’s support level of $0.00081 was breached as more buyers bought. The price of the sponge will increase in tandem with the spike in demand. The price movement changed direction on January 16 and reached the $0.000081 support level. Later, in an effort to attract more clients, the price was lowered to $0.000081.

The QQE MOD is showing a purchase signal since the signal lines are advanced over zero and the Hull Suite value is lower.

Start using a world-class auto trading solution

[xyz-ihs snippet="Markets"]