SPONGEUSDT Price: More Bullish Daily Candles Appear

Bulls are increasing in Sponge market

SPONGEUSDT Price Analysis – 13 March

There may be further upside in the SPONGEUSDT price if the currency breaks over the $0.000301 resistance level. The levels of $0.000328 and $0.000356 represent the upcoming growth targets. The price may drop to the support levels of $0.000248, $0.000190, and $0.000143 if the bears are successful in holding the $0.000301 resistance level

Key levels:

Supply levels: $0.000301, $0.000328, $0.000356

Demand levels: $0.000248, $0.000190, $0.000143

SPONGEUSDT Long-term Trend: Bullish

For SPONGEUSDT, the long-term prognosis is favorable. Even though the coin gained support last week at the $0.000143 mark, sellers are still driving the SPONGEUSDT market lower. After making a comeback, the price of sponge is currently very near to the $0.000301 barrier. More bullish daily candles appeared, and the level that had been predicted earlier rose sharply. The selling are being opposed by bulls, which is causing the sponge market to retreat.

The Hull Suite Crypto signals’ pricing methodology suggests that the bulls’ momentum is building. Additionally, there is a chance that the QQE MOD Crypto signals will have a value increase that is higher than zero. Following the price fall, there may be further upside in the SPONGEUSDT price if the currency breaks over the $0.000301 resistance level. The levels of $0.000328 and $0.000356 represent the upcoming growth targets. The price may drop to the support levels of $0.000248, $0.000190, and $0.000143 if the bears are successful in holding the $0.000301 resistance level.

SPONGEUSDT Medium-term Trend: Bullish

When considering things from a medium-term perspective, SPONGEUSDT is helpful. Throughout the previous week, there were more buyers than sellers at the $0.000143 support level. Resistance levels of $0.000190 and $0.000248 are crossed by the price. The resistance level to aim for is $0.000301. The price passes through and stays above the previously indicated level. Given that bulls are currently reentering the market, price rises may continue.

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

Sometimes it’s that way with $SPONGE.

🧽 It be like that with $SPONGE sometimes…🧽🚀🌊#SpongeV2 #Crypto #Bullish #100x pic.twitter.com/5c1oH5rovY

— $SPONGE (@spongeoneth) March 13, 2024

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