SPONGEUSDT Price Tests Resistance Level of $0.000577, What Next?
Login

SPONGEUSDT Price Tests Resistance Level of $0.000577, What Next?

Estimated Reading Time: 3 minutes
Article Rating:
Based on 1 vote
Login to rate this article.

Azeez Mustapha

Updated:

SPONGEUSDT may break up $0.000577 resistance level

SPONGEUSDT Price Analysis – 27 March

Should the bulls fail to break up $0.000577 level, the SPONGEUSDT may experience a bearish reversal and the price may decline towards the support level of $0.000500, $$0.000455 and $0.000400price level. In case the bulls’ pressure increase to break up the resistance level of $0.000577, then, the price may increase to $0.000695 and $0.000886   levels.

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

On the daily chart, SPONGEUSDT is bullish. The currency pair has been under the control of the buyers for more than two weeks. Daily strong bullish candles are produced and the price is increasing steadily. Bulls have pushed the price to the resistance level of $0.000455 and it was broken upside to reach the resistance level of $0.000577. The just-mentioned level may be broken upside provided bulls exert more pressure.

SPONGEUSDT Price Tests Resistance Level of <img fetchpriority=.000577, What Next?" width="580" height="262" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/03/Daily-60-1024x463.png"/>

SPONGEUSDT continues trading above the Hull Suite Crypto signals’ pricing methodology as a sign of an increase in bulls’ momentum. Should the bulls fail to break up $0.000577 level, the Coin may experience a bearish reversal and the price may decline towards the support level of $0.000500, $$0.000455 and $0.000400price level. If the bulls’ pressure increases to break up the resistance level of $0.000577, then the price may increase to $0.000695 and $0.000886   levels.

SPONGEUSDT Medium-term Trend: Bullish

SPONGEUSDT is on the bullish movement on the 4-hour chart. The bulls’ pressure tested the resistance level of $0.000500. The bulls remain strong against the Bears for many days. The price pulled back to retest the broken level. The bulls and bears are struggling with each other and this is making the price consolidate at the moment.

SPONGEUSDT Price Tests Resistance Level of $0.000577, What Next?

The price is trading above the Hull Suite Crypto signals at close contact. The QQE MOD Crypto signals will exhibit a value spike that is larger than zero with the histogram line displaying bullish price direction.

Stake quickly to get on the ride!

Invest in the hottest and best meme coin. Buy Sponge ($SPONGE) today

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
9.8
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
9
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
9.8
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
9
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit
9

Learn to Trade

Never Miss A Trade Again

step 1
Signal Notification

Real-time signal notifications whenever a signal is opened, closes or Updated

step 2
Get Alerts

Immediate alerts to your email and mobile phone.

step 3
Entry Price Levels

Entry price level for every signal Just choose one of our Top Brokers in the list above to get all this free.

Share with other traders!

telegram
Telegram
forex
Forex
crypto
Crypto
algo
Algo
news
News