SPONGEUSDT Price May Break Up $0.000577 Level

Bulls are dominating Sponge market

SPONGEUSDT Price Analysis – 20 March

There may be an additional upside in the price of SPONGEUSDT if the currency breaks through the $0.000577 barrier level following the price increase. These growth targets are represented by the numbers $0.000695 and $0.000886. The price may go below $0.000500, $0.000455, and $0.000400 if the bears are successful in holding the $0.000577 resistance level.

Key levels:

Supply levels: $0.000577, $0.000695, $0.000886

Demand levels: $0.000500, $0.000455, $0.000400

SPONGEUSDT Long-term Trend: Bullish

SPONGEUSDT is bullish in the long run. The value of the cryptocurrency stabilized last week at $0.000577, but purchasers are still driving the SPONGEUSDT market higher. The cost of sponges has increased and is now about $0.000577. More bullish daily candles appeared, and the level that had been predicted quickly rose. The sponge market is getting compressed as a result of bulls pressing on sellers.

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The Hull Suite Crypto signals‘ pricing methodology suggests that the bulls’ momentum is building. Moreover, there is a chance that the QQE MOD Crypto signals will show a value spike that is higher than zero. There may be an additional upside in the price of SPONGEUSDT if the currency breaks through the $0.000577 barrier level following the price increase. These growth targets are represented by the numbers $0.000695 and $0.000886. The price may go below $0.000500, $0.000455, and $0.000400 if the bears are successful in holding the $0.000577 resistance level.

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SPONGEUSDT Medium-term Trend: Bullish

When considering things from a medium-term perspective, SPONGEUSDT is helpful. Over the preceding week, there were more buyers than sellers at the $0.000400 support level. The $0.000455 and $0.000500 resistance levels are crossed by the price. The resistance level to aim for is $0.000577. The price surpasses and stays above the first predicted threshold. Since bulls are beginning to reenter the market, prices could rise far more.

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The pricing agreement and the Hull Suite indicator. A purchase in the QQE MOD is indicated by an upward-pointing histogram line.

You have yet to see nothing.

You aint seen nothing yet 😎$SPONGE #BullMarket #AltSeason pic.twitter.com/Vj4fLSW6M4

— $SPONGE (@spongeoneth) March 20, 2024

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