Buyers’ momentum will increase faster in SPONGEUSDT market
SPONGEUSDT Price Analysis – 25 April
Should the bulls able to break above the $0.000311 resistance level, SPONGEUSDT may rise as high as $0.000358 and $0.000400, respectively. If the bulls are unable to maintain their momentum and break above the $0.000311 level, the cryptocurrency may have a bearish reversal and drop below the support levels of $0.000249, $0.000190, and $0.000143 price levels.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000311, $0.000358, $0.000400
Support levels: $0.000249, $0.000190, $0.000143
SPONGEUSDT Long-term Trend: Bullish
On the daily chart, SPONGEUSDT is bullish. More than two weeks have passed since the buyers and sellers were unable to agree. Every day, strong bullish candles are forming, and the price is gradually rising. The market was driven lower by bears; it reached the support level at $0.000249 and then increased to $0.000311. Bulls may break above the previously mentioned mark if they keep up their pressure.
Given that SPONGEUSDT is trading above the Hull Suite Crypto signals‘ price mechanism, it looks to be gaining momentum. Should the bulls able to break above the $0.000311 resistance level, the price may rise as high as $0.000358 and $0.000400, respectively. If the bulls are unable to maintain their momentum and break above the $0.000311 level, the cryptocurrency may have a bearish reversal and drop below the support levels of $0.000249, $0.000190, and $0.000143 price levels.
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SPONGEUSDT Medium-term Trend: Bullish
On the 4-hour SPONGEUSDT chart, there is an upward trend. The $0.000500 resistance level was tested by the bulls’ pressure. The Bulls are unable to beat the Bears for days. The price retreated to retest the broken level. The price is currently rising because of the conflict between bulls and bears.
The price will go closer to them as long as it remains above the Hull Suite Crypto signaling indication. The QQE MOD Crypto signals will show a value spike greater than zero, and the histogram line will favorably depict the price movement.
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