SPONGEUSDT Price May Surpass $0.000577 Level, In Case Bulls Increase Their Pressure

Bulls will soon dominate SPONGEUSDT market

SPONGEUSDT Price Analysis – 15 April

SPONGEUSDT may have a bearish reversal and drop below the support levels of $0.000500, $$0.000455, and $0.000400 price levels if the bulls are unable to break above the $0.000577 level. If the bulls can maintain their momentum and break above the $0.000577 resistance level, the price might soar as high as $0.000695 and $0.000886, respectively.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000577, $0.000695, $0.000886

Support levels: $0.000500, $0.000455, $0.000400

SPONGEUSDT Long-term Trend: Bullish

Bullish on the daily SPONGEUSDT chart. It has been more than two weeks since the buyers opposing the sellers. The price is rising gradually, and there are powerful bullish candles that form every day. Bulls propelled the market higher, hitting the $0.000455 resistance level before retreating to the $0.000455 level and then back up to $0.000577. If bulls maintain their pressure, they could surpass the previously indicated level.

Given that SPONGEUSDT is trading above the price mechanism of the Hull Suite Crypto signals, it appears to be gaining momentum. The cryptocurrency may have a bearish reversal and drop below the support levels of $0.000500, $$0.000455, and $0.000400 price levels if the bulls are unable to break above the $0.000577 level. If the bulls can maintain their momentum and break above the $0.000577 resistance level, the price might soar as high as $0.000695 and $0.000886, respectively.

This week, we’re under a high damp alert.

SPONGEUSDT Medium-term Trend: Bullish

The 4-hour SPONGEUSDT chart is moving in a bullish manner. The pressure from the bulls tested the $0.000500 resistance level. For days, the Bulls are unable to defeat the Bears. To retest the broken level, the price pulled back. The bull-bear conflict is the reason why the price is currently climbing.

As long as it stays above the Hull Suite Crypto signals indication, the price will go closer to them. The price movement will be positively depicted by the histogram line, and the QQE MOD Crypto signals will show a value spike larger than zero.

This week, we’re under a high damp alert.

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