Sponge (SPONGEUSDT) Price Will Soon Break Up $0.00038 Level

Now is the ideal time to invest in $SPONGE

SPONGEUSDT Price Analysis – 09 June

After Sponge passes through the $0.00038 resistance level, the upward trend will accelerate, pushing the price up to the $0.00065 and $0.00087 barrier levels.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.00038, $0.00065, $0.00087

Support levels: $0.000092, $0.00004, $0.00002

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, SPONGEUSDT is in green. As purchasers are increasing, the bulls are progressively gaining ground. After enough assets from investors have accumulated, the price of the sponge will shortly break out of the range zone. The price stays at $0.00038 since there is still room for more investors. The SPONGEUSDT market will soon undergo a rebound, and those who seize the chance will profit from it.  When the sponge is priced at $0.00038 or less, it draws in more customers.

Price may rise beyond $0.00087 as bulls prepare to gather additional momentum. Both the 9- and 21-period moving averages suggest that the bulls are not trailing behind. After the price passes through the $0.00038 resistance level, the upward trend will accelerate, pushing the price up to the $0.00065 and $0.00087 barrier levels.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is bullish on a medium-term trend. The sponge is poised to rocket toward the north as the price is currently above the two dynamic resistance levels. To entice additional clients, the price was cut. On May 7, the price movement came up against the $0.00098 resistance level barrier and reversed direction, reaching the $0.00038 support level. Because the support level of $0.00038 failed to hold, more individuals are buying the coin.

Costs for sponges will rise as demand does. A purchase signal will be displayed on the relative strength index period 14 with the signal lines at 49.

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— $SPONGE (@spongeoneth) June 9, 2023

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