SPONGEUSDT Price may increase to $0.00042 level
SPONGEUSDT Price Analysis –05 July
The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. After breaking above the $0.000224 resistance level, Sponge will increase to the $0.000322 and $0.00042 barrier levels as the bullish trend gains momentum.
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. As the bulls continue to gain momentum, the increase will accelerate. Due to the fact that there are still openings for new investors, the pricing is currently $0.000224. More buyers are entering the market, which is helping the bulls advance. Once sufficient investor assets have accumulated, the price of the sponge will shortly depart the range zone. Those that profit from the imminent SPONGEUSDT market recovery will be prosperous. When the sponge is priced at $0.000224 or less, it sells more effectively.
As bulls prepare to gather additional impetus, the price may increase above $0.000322. The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. After breaking above the $0.000224 resistance level, the price will increase to the $0.000322 and $0.00042 barrier levels as the bullish trend gains momentum.
SpongeBob ($SPONGE) Token: Is it Genuine or a Scam?
SPONGEUSDT medium-term Trend: Bullish
According to the medium-term prognosis, SPONGEUSDT is now in a bullish trend. When the price of the sponge crosses the two dynamic resistance levels, a move to the north is about to take place. The cost was reduced in order to draw in more customers. Price initially encountered resistance at $0.00098. The price trend changed downward to the $0.000224 level as the price approached the $0.00038 barrier level. More people are purchasing the coin as a result of its decrease from its earlier support level of $0.00024.
Prices for sponge will rise as demand rises. When the signal lines reach 52, the relative strength index period 14 will issue a buy signal.
Over the Moon!
To The Moon!🚀🌕🤣 pic.twitter.com/deLtkWvr20
— $SPONGE (@spongeoneth) July 5, 2023
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