Sponge (SPONGEUSDT) Price Will Rise Above $0.000322 as Bulls Gain Momentum
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Sponge (SPONGEUSDT) Price Will Rise Above $0.000322 as Bulls Gain Momentum

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Azeez Mustapha

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SPONGEUSDT Price will breakout at $0.000224 level

SPONGEUSDT Price Analysis –06 July

As the bullish trend gets traction, Sponge will rise to the $0.000322 and $0.00042 barrier levels 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

The price of SPONGEUSDT is bullish on the daily chart. Sponge market is seeing more buyers, which is assisting the bulls’ ascent. The price will quicken as the bulls gather more strength. The price is currently $0.000224 because there are still openings for new investors. The price of sponge will soon rise above the range zone once enough investor assets have amassed. Profiting from the impending SPONGEUSDT market rebound will bring wealth.  Sponge sells better when it is priced at $0.000224 or less.

Price will rise above $0.000322 as bulls get ready to gain more momentum. The 9 and 21-period moving averages show that the bulls are still in the lead. As the bullish trend gets traction, Sponge will rise to the $0.000322 and $0.00042 barrier levels after breaking through the $0.000224 resistance level.

SPONGEUSDT medium-term Trend: Bullish

The medium-term forecast indicates that SPONGEUSDT is now in a positive trend. A move to the north is about to occur when the price of the sponge crosses the two dynamic resistance levels. To entice more clients, the price was lowered. Sponge ran into resistance at $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 cost of the coin has dropped from its previous support level of $0.00024, more individuals are buying it.

Sponge price will increase as demand grows. The relative strength index period 14 will signal a purchase when the signal lines hit 46.

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