SPONGEUSDT Price: Bulls Are Reentering Market, Price Could Rise More
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SPONGEUSDT Price: Bulls Are Reentering Market, Price Could Rise More

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Azeez Mustapha

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Buyers are pressing hard on Sponge market

SPONGEUSDT Price Analysis – 23 March

The price of SPONGEUSDT may grow further if the currency breaks above the $0.000577 barrier level following the price increase. Both $0.000695 and $0.000886 represent these growth targets. The price may go below $0.000500, $0.000455, and $0.000400 if the bears are successful in holding the $0.000577 resistance level

Key levels:

Supply levels: $0.000577, $0.000695, $0.000886

Demand levels: $0.000500, $0.000455, $0.000400

 

SPONGEUSDT Long-term Trend: Bullish

SPONGEUSDT is bullish in the long run. The coin value of $0.000577 stabilized last week, but purchasers are still driving the SPONGEUSDT market higher. The cost of a sponge has increased and is at around $0.000577. Additional bullish daily candles appeared, and the anticipated level quickly increased. The sponge market is being compressed by bulls entering it.

SPONGEUSDT Price: Bulls Are Reentering Market, Price Could Rise More

The Hull Suite Crypto signals’ pricing methodology suggests that the bulls’ momentum is building. Moreover, there exists a possibility that the QQE MOD Crypto signals will exhibit a value spike that is larger than zero. The price of SPONGEUSDT may grow further if the currency breaks above the $0.000577 barrier level following the price increase. Both $0.000695 and $0.000886 represent these growth targets. The price may go below $0.000500, $0.000455, and $0.000400 if the bears are successful in holding the $0.000577 resistance level.

SPONGEUSDT Medium-term Trend: Bullish

When considering things from a medium-term perspective, SPONGEUSDT is helpful. Over the preceding week, there were more buyers than sellers at the $0.000400 support level. The $0.000455 and $0.000500 resistance levels are crossed by the price. The resistance level to aim for is $0.000577. The price surpasses and stays above the first predicted amount. Since bulls are beginning to reenter the market, prices could rise even more.

SPONGEUSDT Price: Bulls Are Reentering Market, Price Could Rise More

The pricing agreement and the Hull Suite indicator. An upward-pointing histogram line indicates a purchase in the QQE MOD.

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