SPONGEUSDT Price Determine to Break Up $0.00061 Level

Sponge is increasing in strength

SPONGEUSDT Price Analysis – 14 June

The resistance levels of $0.00077 and $0.00087 will be put to the test if bulls keep pushing the market higher; a moving market will surely see a retreat. The $0.00033 and $0.00026 support levels need to be examined if the $0.00050 barrier is crossed in SPONGEUSDT market.

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

Over time, SPONGEUSDT’s price continues to rise. The Bulls were the best team in the sponge market. At $0.000500, the price peaked in the upward trend on May 1. The Bears put an end to the rise, and the price dropped below $0.00026. The currency traded in a horizontal pattern between the $0.00033 and $0.00026 price levels for more than eight days, indicating that bulls and bears had roughly equal momentum. On June 5, a bullish candle appeared that broke over the prior supply level of $0.00050. At yesterday’s close, the sponge market’s daily chart displayed a bullish candle, indicating that price rises are probably on the horizon.

According to the Suite Hull cryptocurrency signals indicator, the SPONGE market is expanding extremely quickly because it is trading above it. In the QQE MOD, a cryptocurrency signal recommends buying when the histogram line is above zero. The price of sponges has increased to $0.00061, and more increases are anticipated. The resistance levels of $0.00077 and $0.00087 will be put to the test if bulls keep pushing the market higher; a moving market will surely see a retreat. The $0.00033 and $0.00026 support levels need to be examined if the $0.00050 barrier is crossed.

SPONGEUSDT Short-term Trend: Bullish

A fantastic option for the medium-range forecast is SPONGE. The price of Sponge was oscillating between $0.00043 and $0.00026 for over a week. The currency’s value increased to $0.00050 on June 5th as a result of the Bulls breaking past the $0.00043 barrier. The price started to rise in the direction of $0.00061 as optimism started to surface.

A noticeable increasing trend is indicated by the price of SPONGE crossing the Hull Suite Crypto signals indicator. A developing sponge market is indicated by the QQE MOD Crypto signals as long as the signal line is above zero.

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