SPONGEUSDT Price: Positive Sentiment in Sponge market
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SPONGEUSDT Price: Positive Sentiment in Sponge market

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Azeez Mustapha

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Sponge is rising towards $0.00061 level

SPONGEUSDT Price Analysis – 11 June

The resistance levels of $0.00077 and $0.00087 will be tested if bulls keep pushing SPONGEUSDT higher; however, a moving market will surely see a retreat. It is necessary to examine the $0.00033 and $0.00026 support levels if the $0.00050 level is broken.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.00061, $0.00077, $0.00087

Support levels: $0.00050, $0.00033, $0.00026

SPONGEUSDT Long-term Trend: Bullish

Over time, SPONGEUSDT’s price continues to rise. The Bulls were the best team in the sponge market. The price peaked in the positive trend on May 1 at $0.000500. The Bears put an end to the rise, and the price dropped below $0.00026. The currency oscillated horizontally between the $0.00033 and $0.00026 price levels for more than eight days, indicating that the momentum of bulls and bears is roughly equal. On June 5, a bullish candle appeared and broke over the prior supply level of $0.00050. At yesterday’s close, the sponge market’s daily chart displayed a bullish candle, indicating that price gains are probably in store.

SPONGEUSDT Price: Positive Sentiment in Sponge market

According to the Suite Hull cryptocurrency signals indicator, the SPONGE market is expanding extremely quickly because it is trading above. In the QQE MOD, a cryptocurrency signal recommends buying when the histogram line is above zero. The cost of sponges has increased to $0.00061, and more increases are anticipated. The resistance levels of $0.00077 and $0.00087 will be tested if bulls keep pushing the market higher; however, a moving market will surely see a retreat. It is necessary to examine the $0.00033 and $0.00026 support levels if the $0.00050 level is broken.

SPONGEUSDT Short-term Trend: Bullish

For the medium-range prediction, SPONGE is an excellent option. Sponge was trading sideways between the $0.00043 and $0.00026 price levels for over a week. On June 5th, the Bulls broke above the $0.00043 barrier, sending the currency’s value soaring to $0.00050. Positive sentiment started to surface, and the price started to rise toward $0.00061.

SPONGEUSDT Price: Positive Sentiment in Sponge market

A significant upward trend is indicated by the price of SPONGE crossing the Hull Suite Crypto signals  indicators. The QQE MOD Crypto signals show a developing sponge market as long as the signal line stays above zero.

Sponge is love and life

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