SPONGEUSDT Price: Bulls Are Gradually Taking Over

Azeez Mustapha

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SPONGEUSDT Price Analysis – 6 July

The coin will hit resistance at $0.00061 after breaking above the dynamic resistance levels; further bull momentum accumulation will push the SPONGEUSDT price to levels $0.00077 and $0.00087. If the price gain is halted at the $0.00061 resistance level, bearish momentum could be observed in the $0.00050, $0.00033, and $0.00026 support levels.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.00061, $0.00077, $0.00087

Support levels: $0.00050, $0.00033, $0.00026

SPONGEUSDT Long-term Trend – Bullish

For the last two weeks, SPONGEUSDT has been under bullish pressure. A price range of $0.00026 to $0.00033 has been observed. On May 5, the bears initially forced the coin to test the $0.00026 support level. After failing to break through the level, it withdrew to retest the slow dynamic resistance level of the Hull Suite. On May 8, it reverses to try the $0.00026 support level again. More price reductions were rejected by the level. More bullish daily candles are forming in the current environment, and the price is progressively rising toward the $0.00061 price level.

SPONGEUSDT Price: Bulls Are Gradually Taking Over

The fact that the cryptocurrency is now trading around the Hull Suite forex signals indicator and breaking over the dynamic resistance level suggests that the bulls are progressively gaining strength in the SPONGEUSDT market. The coin will hit resistance at $0.00061 after breaking above the dynamic resistance levels; further bull momentum accumulation will push the SPONGEUSDT price to levels $0.00077 and $0.00087. If the price gain is halted at the $0.00061 resistance level, bearish momentum could be observed in the $0.00050, $0.00033, and $0.00026 support levels.

Sponge v2 Crypto Coin | Website Down | Panic Time |

SPONGEUSDT Medium-term Trend – Bullish

A significant increase in buyer activity on the SPONGEUSDT Market is indicated by the medium-term estimate. At the $0.00026 price level, the price action created a bullish reversal pattern known as a “double bottom” chart pattern. It is anticipated that SPONGEUSDT will cost $0.00061. It can then reach the price levels of $0.00077 and $0.00087.

SPONGEUSDT Price: Bulls Are Gradually Taking Over

The Hull Suite crypto signals‘ indicator is being exceeded by the currency. On the other hand, when the QQE MOD histogram is larger than zero, a buy signal manifests.

Point of view: you missed three opportunities to purchase the $SPONGE dip.

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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.

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