SPONGEUSDT Price May Increase More as Bulls Are Reenter Market
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SPONGEUSDT Price May Increase More as Bulls Are Reenter Market

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Azeez Mustapha

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Bulls’ momentum increases in Sponge market

SPONGEUSDT Price Analysis – 21 March

If the currency breaks past the $0.000577 barrier level after the price rise, there can be more upside in the price of SPONGEUSDT. The figures $0.000695 and $0.000886 stand for these growth objectives. If the bears manage to hold the $0.000577 resistance level, the price can drop below $0.000500, $0.000455, and $0.000400.

Key levels:

Supply levels: $0.000577, $0.000695, $0.000886

Demand levels: $0.000500, $0.000455, $0.000400

SPONGEUSDT Long-term Trend: Bullish

Long-term, SPONGEUSDT is bullish. Although last week’s coin value of $0.000577 stabilized, buyers are still pushing the SPONGEUSDT market upward. Sponge prices have gone up and are currently approximately $0.000577. More bullish daily candles emerged, and the expected level surged rapidly. Bulls driving into the sponge market and it is compressing it.

SPONGEUSDT Price May Increase More as Bulls Are Reenter Market

The pricing mechanism of the Hull Suite Crypto signals indicates that the momentum of the bulls is increasing. Furthermore, there’s a potential that a value spike greater than zero will be displayed by the QQE MOD Crypto signals. If the currency breaks past the $0.000577 barrier level after the price rise, there can be more upside in the price of SPONGEUSDT. The figures $0.000695 and $0.000886 stand for these growth objectives. If the bears manage to hold the $0.000577 resistance level, the price can drop below $0.000500, $0.000455, and $0.000400.

SPONGEUSDT Medium-term Trend: Bullish

SPONGEUSDT is useful when looking at things from a medium-term viewpoint. At the $0.000400 support level, there were more buyers than sellers during the previous week. The price crosses the resistance levels of $0.000455 and $0.000500. $0.000577 is the resistance level to strive for. The price exceeds and remains above the initial forecasted level. Prices may increase much more as bulls are starting to reenter the market.

SPONGEUSDT Price May Increase More as Bulls Are Reenter Market

The Hull Suite indicator and the pricing agreement. An upward-pointing histogram line indicates a purchase in the QQE MOD.

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