An increase pressure by bulls on Sponge market
SPONGEUSDT Price Analysis – 28 March
The price will keep rising until it crosses the resistance level of $0.000145 and hits the barrier levels of $0.000196 and $0.000330. The bulls may push the price above $0.000330 with their assured drive.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000145, $0.000196, $0.000330
Support levels: $0.000081, $0.000040, $0.000021
SPONGEUSDT Long-term Trend: Bullish
The daily chart indicates that SPONGEUSDT is bullish at the moment. The currency’s price has been reduced to the previously set $0.000081 in an effort to attract more buyers. The coin’s price moved between the $0.000081 resistance and the $0.000040 support levels a few days ago. Ultimately, the bulls succeeded in breaking through the expected barrier level. On January 7, the price reached the $0.000145 barrier level due to the bulls’ fury.
The price level is approaching $0.000145 as a result of increased investor interest in Sponge. More positive pressure is suggested by the price’s attempt to break above the Hull Suite crypto signaling indicator. The price will keep rising until it crosses the resistance level of $0.000145 and hits the barrier levels of $0.000196 and $0.000330. The bulls may push the price above $0.000330 with their assured drive.
SPONGEUSDT medium-term Trend: Bullish
For SPONGEUSDT, the short-term prognosis is favorable. Due to rising customer demand, the sponge’s price is rising. On January 7, the price movement retraced to the $0.000081 support level after testing the $0.000145 resistance level. The level could not be exceeded because there were more buyers. The bulls are gaining ground as the price is currently soaring toward $0.000145. Investments will now be available to more people and companies.
The QQE MOD is showing a purchase signal since the signal lines are advanced over zero and the Hull Suite value is lower.
The mind of an average crypto trader
https://twitter.com/spongeoneth/status/1904503616896950562
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