SPONGEUSDT Price: Bulls are Dominating Over Bears, Targeting $0.000335 Level  

Azeez Mustapha

Updated:

Unlock Daily Forex Signals

Select a Plan

£39

1 - month
Subscription

Select

£89

3 - month
Subscription

Select

£129

6 - month
Subscription

Select

£399

Lifetime
Subscription

Select

£50

Separate Swing Trading Group

Select

Or

Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored
Checkmark

Service for copy trading. Our Algo automatically opens and closes trades.

Checkmark

The L2T Algo provides highly profitable signals with minimal risk.

Checkmark

24/7 cryptocurrency trading. While you sleep, we trade.

Checkmark

10 minute setup with substantial advantages. The manual is provided with the purchase.

Checkmark

79% Success rate. Our outcomes will excite you.

Checkmark

Up to 70 trades per month. There are more than 5 pairs available.

Checkmark

Monthly subscriptions begin at £58.


Bullish momentum increases

SPONGEUSDT Price Analysis – November 27

A Further increase in the bulls’ pressure will increase the price to break up the resistance level of $0.000330 which may expose the price to $0.000402 and $0.000502 price levels. In case the resistance level of $0.000330 holds, the price may decrease toward the support level at $0.000196, $0.000269, and $0.000136.

Key Levels:

Resistance levels: $0.000330, $0.000402, $0.000502

Support levels: $0.000196, $0.000169, $0.000136

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, SPONGEUSDT is bullish. Last week, the coin was on the retracement in the daily chart. The resistance level at $0.000402 holds and the bullish momentum is not enough to push the price above it. The support level at $0.000136 was retested. On November 21, the bulls increased their momentum and pushed up the price above the resistance level of $0.000196 and it is trying to break up the $0.000330 resistance level.

The two EMAs are bending up to follow the direction of the price. The crypto continues its trading above the 9-period EMA and the 21-period EMA which indicates bullish momentum. A further increase in the bulls’ pressure will increase the price to break up the resistance level of $0.000330 which may expose the price to $0.000402 and $0.000502 price levels. In case the resistance level of $0.000330 holds, the price may decrease toward the support level at $0.000196, $0.000269, and $0.000136.

SPONGEUSDT Medium-term Trend: Bullish

SPONGEUSDT is on the bullish movement on the medium-term outlook. The bulls eventually dominate the SPONGEUSDT market. The momentum of the bulls increases and the price inclines to break up the resistance level at $0.000196. The price is increasing towards the resistance level of $0.000330.

The price is trading above the 9 periods EMA and 21 periods EMA which indicates that bulls are in control of the market. The relative strength index period 14 is at 52 levels displaying a bullish signal.

Invest in the hottest and best meme coin. Buy Sponge ($SPONGE) today!

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *