SPONGEUSDT Price Is Heading Toward $0.00061 Level

Buyers are gaining more momentum

SPONGEUSDT Price Analysis – 07 June

SPONGEUSDT costs have increased toward $0.00061; more increases are anticipated. The resistance levels of $0.00077 and $0.00087 will be tested if bulls keep pushing the market higher, however a moving market will surely witness a retreat. An examination of the $0.00033 and $0.00026 support levels is necessary if the $0.00050 level is violated.

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 the long term, the price of SPONGEUSDT continues to rise. The Bulls were the top team in the sponge market. The price peaked in the bullish trend on May 1 at $0.000500. The Bears halted the rise, and the price dropped below $0.00026. The currency exhibited sideways movement between the $0.00033 and $0.00026 price levels for more than eight days, indicating that the momentum of bulls and bears is roughly equal. On June 5, a bullish candle developed and 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 increases are anticipated.

The Suite Hull cryptocurrency signals indicator shows that the SPONGE market is expanding very quickly because it is trading below coin values. In the QQE MOD, a cryptocurrency signal recommends buying when the histogram line is above zero. Sponge costs have increased toward $0.00061; more increases are anticipated. The resistance levels of $0.00077 and $0.00087 will be tested if bulls keep pushing the market higher, however a moving market will surely witness a retreat. An examination of the $0.00033 and $0.00026 support levels is necessary if the $0.00050 level is violated.

SpongeV2 News | Positive Update

SPONGEUSDT Short-term Trend: Bullish

In terms of the medium-range prediction, SPONGE is favorable. Sponge was trading sideways between the $0.00043 and $0.00026 price levels for more than a week. On June 5, the Bulls broke above $0.00043 level, and the currency’s value shot up to $0.00050. Positive optimism started to show, and the price started to rise toward $0.00061.

A strong upward trend is indicated by the price of SPONGE crossing the Hull Suite Crypto indicators. The QQE MOD Crypto signals show that the sponge market is expanding, with the signal line staying above zero.

There is genuine excitement for the weekend.

The weekend hype is real 🔥🔥 $SPONGE #CryptoCurrency #Web3 pic.twitter.com/oljJR6olLc

— $SPONGE (@spongeoneth) June 7, 2024

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