SPONGEUSDT Price Soars Above $0.00050 Level

Azeez Mustapha

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Buyers are ruler of Sponge market

SPONGEUSDT Price Analysis – 10 June

Sponge expenses have risen to $0.00061, and further rises are expected. If bulls continue driving the market higher, the resistance levels of $0.00077 and $0.00087 will be put to the test; nevertheless, a moving market will undoubtedly see a retreat. If the $0.00050 level is broken, the $0.00033 and $0.00026 support levels must be looked at.

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

The price of SPONGEUSDT keeps rising in the long run. In the sponge market, the Bulls were the best team. On May 1, the price reached its peak in the bullish trend at $0.000500. The increase was stopped by the Bears, and the price fell below $0.00026. For over eight days, the currency moved sideways between the $0.00033 and $0.00026 price levels, suggesting that the momentum of bulls and bears is about equal. A bullish candle formed on June 5 and broke over the previous supply level of $0.00050. The daily chart of the sponge market showed a bullish candle at yesterday’s finish, suggesting that price increases are likely.

SPONGEUSDT Price Soars Above $0.00050 Level

Because the SPONGE market is trading above, the Suite Hull cryptocurrency signals indicator indicates that it is growing very swiftly. When the histogram line is above zero, a cryptocurrency signal in the QQE MOD suggests buying. Sponge expenses have risen to $0.00061, and further rises are expected. If bulls continue driving the market higher, the resistance levels of $0.00077 and $0.00087 will be put to the test; nevertheless, a moving market will undoubtedly see a retreat. If the $0.00050 level is broken, the $0.00033 and $0.00026 support levels must be looked at.

With Over $17 Million Staked, Sponge V2 This Item Will Be Very Large!

SPONGEUSDT Short-term Trend: Bullish

SPONGE is a good choice for the medium-range prediction. For about a week, Sponge was trading in a sideways fashion between the $0.00043 and $0.00026 price levels. The currency’s value surged to $0.00050 on June 5th, as the Bulls broke above the $0.00043 mark. As positive optimism began to emerge, the price began to move up toward $0.00061.

SPONGEUSDT Price Soars Above $0.00050 Level

The price of SPONGE crossing the Hull Suite Crypto indicators indicates a strong rising trend. With the signal line remaining above zero, the QQE MOD Crypto signals indicate that the sponge market is growing.

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Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

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