SPONGEUSDT Price: More Buyers are Joining Sponge Market

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Sponge price is increasing

SPONGEUSDT Price Analysis – 11 March

If the coin breaks over the $0.000301 resistance level. The levels at $0.000328 and $0.000356 are the next growth targets. SPONGEUSDT may drop to the support levels of $0.000248, $0.000190, and $0.000143 if the bears manage to hold the resistance level of $0.000301.

Key levels:

Supply levels: $0.000301, $0.000328, $0.000356

Demand levels: $0.000248, $0.000190, $0.000143

SPONGEUSDT Long-term Trend: Bullish

The long-term outlook for SPONGEUSDT is positive. Even if the cryptocurrency found support last week at the $0.000143 mark, sellers are still exerting pressure on the SPONGEUSDT market. Cryptocurrency prices have recovered and are now very close to the $0.000301 mark. Additional bullish daily candles emerged, and the previously forecast level was smashed higher. Bulls are facing sellers, which is causing the sponge market to retreat.

The fact that the price is nearing the Hull Suite Crypto signal suggests that the bulls’ momentum is building. Moreover, there is a possibility that the QQE MOD Crypto signals increase in value above zero. Following the price fall, there may be further upside in the SPONGEUSDT price if the coin breaks over the $0.000301 resistance level. The levels at $0.000328 and $0.000356 are the next growth targets. The price may drop to the support levels of $0.000248, $0.000190, and $0.000143 if the bears manage to hold the resistance level of $0.000301.

SPONGEUSDT Medium-term Trend: Bullish

When considering things from a medium-term perspective, SPONGEUSDT is helpful. During the previous week, there were more buyers than sellers at the $0.000143 support level. The price crosses $0.000190 and $0.000248 resistance levels. The target resistance level is $0.000301. The price crosses and stays above the level that was previously indicated. As bulls are currently reentering the market, price hikes may continue.

The price is now higher than the Hull Suite indicator. A purchase in the QQE MOD is indicated by an upward-pointing histogram line.

How $SPONGE holders are currently feeling

How $SPONGE holders be feeling right now 🧽🔥#SPONGE #Web3 #Crypto #Airdrop pic.twitter.com/AymIquZwXa

— $SPONGE (@spongeoneth) March 11, 2024

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