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.

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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.

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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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