Sponge (SPONGEUSDT) Price Will Move Above $0.000224 If Enough Investor Assets Amassed

Purchasers are increasing in the SPONGEUSDT market

SPONGEUSDT Price Analysis –13 July

The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. Sponge will increase to the $0.000322 and $0.00042 barrier levels as the rising trend accelerates after breaking through the $0.000224 resistance level.

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. An increase in buyers on the sponge market is helping the bulls. As the bulls gather strength, the price climbs more quickly. Due to the fact that there are still opportunities for new investors, the price is currently $0.000092. Sponge sells better when it is offered for sale at $0.000092. The price of the sponge will swiftly move above $0.000224 once enough investor assets have been amassed. Profits will be generated by seizing the approaching SPONGEUSDT market recovery.

The price is about to surpass the $0.000224 level as bulls prepare to gain further momentum. The Bulls are still in the lead, as indicated by the 9 and 21-period moving averages. The price will increase to the $0.000322 and $0.00042 barrier levels as the rising trend accelerates after breaking through the $0.000224 resistance level.

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SPONGEUSDT medium-term Trend: Bullish

The medium-term view reveals that SPONGEUSDT is now expanding. 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 the decrease in price from its prior support level of $0.00024. When the price of the sponge crosses the two dynamic resistance levels, a move to the north is about to take place.

The demand for sponge will drive up prices. When the signal lines reach 54, the relative strength index period 14 will suggest making a purchase.

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— $SPONGE (@spongeoneth) July 13, 2023

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