SPONGEUSDT market will be dominated by bulls
SPONGEUSDT Price Analysis – 26 April
The price may rise as far as $0.000358 and $0.000400, respectively, if the bulls are successful in breaking above the $0.000311 resistance mark. The price of the SPONGEUSDT may experience a negative reversal and fall below the support levels of $0.000249, $0.000190, and $0.000143 if the bulls are unable to keep up their pace and break above the $0.000311 level.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000311, $0.000358, $0.000400
Support levels: $0.000249, $0.000190, $0.000143
SPONGEUSDT Long-term Trend: Bullish
The SPONGEUSDT daily chart shows bullishness. The buyers and sellers have not been able to reach a consensus for more than two weeks. Strong bullish candles are appearing every day, and the price is steadily increasing. Bears drove the market down, reaching the $0.000249 support level before rising to $0.000311. If bulls maintain their pressure, they could breach over the previously indicated target.
It appears like SPONGEUSDT is getting pace because it is trading above the price mechanism of the Hull Suite Crypto signals. The price may rise as far as $0.000358 and $0.000400, respectively, if the bulls are successful in breaking above the $0.000311 resistance mark. The price of the cryptocurrency may experience a negative reversal and fall below the support levels of $0.000249, $0.000190, and $0.000143 if the bulls are unable to keep up their pace and break above the $0.000311 level.
SPONGEUSDT Medium-term Trend: Bullish
The 4-hour SPONGEUSDT chart is trending upward. The pressure from the bulls tested the $0.000500 resistance level. For days, the Bulls are unable to defeat the Bears. To retest the broken level, the price pulled back. The battle between bulls and bears is the reason why the price is currently climbing.
As long as the price stays above the Hull Suite Crypto signaling indication, it will move closer to them. The price movement will be favorably depicted by the histogram line, and the QQE MOD Crypto signals will display a value spike larger than zero.
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