Sponge (SPONGEUSDT) Price Will Break Above $0.00065 Soon
Login

Sponge (SPONGEUSDT) Price Will Break Above $0.00065 Soon

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

The bullish momentum is increasing in Sponge market

SPONGEUSDT Price Analysis – 18 May

As soon as the Sponge breaches the $0.00065 resistance level, which is followed by the $0.00087 and $0.00098 barrier levels, bullish momentum will pick up speed. Also, the price may move above $0.00098 due to an increased push from the bulls.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.00065, $0.00087, $0.00098

Support levels: $0.00038, $0.000092, $0.0004

SPONGEUSDT Long-term Trend: Bullish

SPONGEUSDT is bullish at the moment on the daily chart. The ranging movement that is ongoing between $0.00065 and $0.00038 in the sponge market is to give individuals and organizations an opportunity to invest. The price will soon soar to the previous high as the bullish pressure increases. The current high resistance levels will soon become support levels after a bullish breakout at the $0.00065 level. The previous high of $0.00098 level may be surpassed.

 

There was a partial breakout today, which pushes the price up above $0.00065 and it Indicate an increase in bullish pressure. The price is slightly trading above the 9-period and 21-period moving averages. As soon as the price breaches the $0.00065 resistance level, which is followed by the $0.00087 and $0.00098 barrier levels, bullish momentum will pick up speed. Also, the price may move above $0.00098 due to an increased push from the bulls.

Trade SPONGEUSDT.

 

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is positive on the shorter time scale. The price of the sponge will increase due to an increase in clients. On May 7, the price movement tested the $0.00098 resistance level before retracing to the $0.00065 support level. More people bought the product, therefore the $0.00038 support level was steady. The market is currently heading upward toward $0.00065 as the bulls take the lead.

The relative strength index period 14 with the signal lines above 45 exhibits a buy signal.

The Gateway to Crypto is SPONGE

Invest in the hottest and best meme coin? Buy SpongeBob ($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