SPONGEUSDT Price Is Under Buyers’ Pressure

Azeez Mustapha

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SPONGEUSDT is gaining strength

SPONGEUSDT Price Analysis – 14 May

SPONGEUSDT may rise as high as $0.000455 and $0.000500, respectively, if the bulls are successful in breaking above the $0.000399 resistance mark. The price of the cryptocurrency may see a bearish reversal and drop below the support levels of $0.000354, $0.000311, and $0.000307 if the bulls are unable to hold onto their gains and break over the $0.000399 mark

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000399, $0.000455, $0.000500

Support levels: $0.000354, $0.000311, $0.000307

SPONGEUSDT Long-term Trend: Bullish

The daily chart indicates a growing SPONGEUSDT. The price is steadily increasing, and there are regular daily patterns of bullish candles. In the current market, sellers are losing ground as buyers push the price past $0.000354 and up to the $0.000399 resistance level. If bulls continue to apply pressure at their current rate, they could surpass the predefined target. The buyers and sellers might not need two weeks to reach a consensus.

SPONGEUSDT Price Is Under Buyers’ Pressure

It appears to be accelerating because SPONGEUSDT is currently trading above the pricing mechanism of the Hull Suite Crypto signals. The price may rise as high as $0.000455 and $0.000500, respectively, if the bulls are successful in breaking above the $0.000399 resistance mark. The price of the cryptocurrency may see a bearish reversal and drop below the support levels of $0.000354, $0.000311, and $0.000307 if the bulls are unable to hold onto their gains and break over the $0.000399 mark.

Review of SPONGE V2 Crypto-HOLDERS TALKING OUT

SPONGEUSDT Medium-term Trend: Bullish

The four-hour chart of SPONGEUSDT shows a rising trend. The bulls’ push tested the $0.000455 resistance level a few days ago. For days, the Bulls are unable to defeat the Bears. To retest the broken level, the price pulled back. Bullish pressure is currently driving up the price.

SPONGEUSDT Price Is Under Buyers’ Pressure

As long as the price stays above the Hull Suite Crypto signaling indication, it will rise. A positive price movement will be displayed by the histogram line, and a value spike larger than zero will be displayed by the QQE MOD Crypto signals.

More details will be available tomorrow. Keep checking back!

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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