There is an increase in $SPONGE sales
SPONGEUSDT Price Analysis –20 June
After breaking above the $0.000224 resistance level, the price will increase to the $0.000322 and $0.00042 barrier levels as the upward trend gains momentum. Sponge sells better when it is priced at $0.000224 or less.
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 in the green. Bulls are gaining momentum, and a Sponge upswing is soon to come. Due to the fact that there are still spaces for new investors, the price is presently $0.000224 zone.
The market is seeing more buyers, which is assisting the bulls’ ascent. The price of Sponge will soon leave the range zone once enough investor assets have amassed. Success will go to those who capitalize on the upcoming SPONGEUSDT market rebirth. Sponge sells better when it is priced at $0.000224 or less.
As bulls prepare to acquire additional impetus, the price may rise beyond $0.000322. According to the 9- and 21-period moving averages, bulls are not in the rear. After breaking above the $0.000224 resistance level, the price will increase to the $0.000322 and $0.00042 barrier levels as the upward trend gains momentum.
SPONGEUSDT medium-term Trend: Bullish
SPONGEUSDT is bullish in terms of the medium-term trend. The price of Sponge is currently climbing over the two dynamic resistance levels, indicating that a move to the north is about to occur. To entice more clients, the price was lowered.
The barrier of the $0.00098 resistance level was initially encountered by the price movement. As the price approached the $0.00038 barrier level, the price trend shifted down to $0.000224 level. Due to the failure of the previous support level of $0.00024, more individuals are buying the coin.
Sponge costs will increase as demand grows. The relative strength index period 14 will give a purchase signal with the signal lines at 44.
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— $SPONGE (@spongeoneth) June 20, 2023
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