SPONGEUSDT Price: Bulls May Break Over $0.000577 Resistance Level

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SPONGEUSDT is going higher

SPONGEUSDT Price Analysis – 11 April

If the bulls are unable to break above the $0.000577 level, the cryptocurrency may have a bearish reversal and fall below the support levels of $0.000500, $$0.000455, and $0.000400 price levels. SPONGEUSDT may rise as high as $0.000695 and $0.000886, respectively, if the bulls are able to keep up their pace and break above the resistance level of $0.000577.

 

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000577, $0.000695, $0.000886

Support levels: $0.000500, $0.000455, $0.000400

SPONGEUSDT Long-term Trend: Bullish

The daily SPONGEUSDT chart is bullish. The buyers haven’t received their money in over two weeks. Every day, there are strong bullish candles that develop, and the price is steadily rising. Bulls drove the price upward, reaching the resistance level at $0.000455, then back up to $0.000577 before retracing to the $0.000455 level. Bulls may break over the previously marked level if they keep up their pressure.

It is showing signs of good momentum as SPONGEUSDT is trading above the Hull Suite Crypto signals’ price mechanism. If the bulls are unable to break above the $0.000577 level, the cryptocurrency may have a bearish reversal and fall below the support levels of $0.000500, $$0.000455, and $0.000400 price levels. The price may rise as high as $0.000695 and $0.000886, respectively, if the bulls are able to keep up their pace and break above the resistance level of $0.000577.

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SPONGEUSDT Medium-term Trend: Bullish

There is bullish movement on the 4-hour SPONGEUSDT chart. The $0.000500 resistance level was tested by the bulls’ pressure. The Bears are unable to beat the Bulls for days. The price retreated to retest the broken level. The price is currently rising due to the bull-bear fight.

The price is getting closer to them as it trades above the Hull Suite Crypto signals indicator. The QQE MOD Crypto signals will display a value spike greater than zero, and the histogram line will positively depict the price movement.

When there is excessive moisture

When there's too much damp 💦💦$SPONGE #Bullish #AltSeason pic.twitter.com/JpWtszU0w2

— $SPONGE (@spongeoneth) April 11, 2024

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