Price of the sponge is increasing
SPONGEUSDT Price Analysis – 31 March
The price will keep rising until it crosses the resistance level of $0.000145 and hits the barrier levels of $0.000196 and $0.000330. The bulls’ confident drive could cause the price to surpass $0.000330.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000145, $0.000196, $0.000330
Support levels: $0.000081, $0.000040, $0.000021
SPONGEUSDT Long-term Trend: Bullish
According to the daily chart, SPONGEUSDT is currently bullish. In an attempt to draw in more customers, the currency’s price has been lowered to the previously established $0.000081. A few days ago, the price of the coin fluctuated between the $0.000081 resistance and the $0.000040 support levels. In the end, the bulls were able to breach the anticipated barrier level. The bulls’ rage caused the price to hit the $0.000145 barrier level on January 7.
Due to heightened investor interest in Sponge, the price level is getting closer to $0.000145. The price’s attempt to break above the Hull Suite crypto signaling indication suggests more positive pressure. Until the price breaks through the resistance level of $0.000145 and reaches the barrier levels of $0.000196 and $0.000330, it will continue to rise. With their confident drive, the bulls may push the price beyond $0.000330.
SPONGEUSDT medium-term Trend: Bullish
The short-term outlook for SPONGEUSDT is positive. The price of the sponge is increasing due to increased consumer demand. The price movement tested the $0.000145 resistance level on January 7 and then retraced to the $0.000081 support level. Because there were more buyers, the level could not be surpassed. The price is now surging toward $0.000145, and the bulls are gaining ground. More individuals and businesses will now be able to make investments.
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The thoughts of a typical cryptocurrency trader
The mind of an average crypto trader pic.twitter.com/87N2sFbz1j
— $SPONGE (@spongeoneth) March 25, 2025
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