SPONGEUSDT is increasing
SPONGEUSDT Price Analysis – 10 May
If the bulls can break above the $0.000455 resistance level, the price might soar as high as $0.000501 and $0.000577, respectively. If the bulls are unable to hold onto their gains and break above the $0.000455 mark, the price of the SPONGEUSDT may suffer a bearish reversal and fall below the support levels of $0.000404, $0.000359, and $0.000307.
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000455, $0.000501, $0.000577
Support levels: $0.000404, $0.000359, $0.000307
SPONGEUSDT Long-term Trend: Bullish
The daily chart shows that SPONGEUSDT is rising. There are consistent daily patterns of bullish candles, and the price is rising gradually. In today’s market, buyers are driving the price over $0.000404 and up to the $0.000455 resistance level, while sellers are losing ground. Bulls may exceed the predetermined goal if they keep up their present rate of pressure. It may take the buyers and sellers two weeks to agree.
Given that SPONGEUSDT is presently trading above the Hull Suite Crypto signals‘ pricing mechanism, it looks to be accelerating. If the bulls are able to break above the $0.000455 resistance level, the price might soar as high as $0.000501 and $0.000577, respectively. If the bulls are unable to hold onto their gains and break above the $0.000455 mark, the price of the cryptocurrency may suffer a bearish reversal and fall below the support levels of $0.000404, $0.000359, and $0.000307.
SPONGEUSDT Medium-term Trend: Bullish
SPONGEUSDT’s four-hour chart exhibits a rising trend. A few days ago, the bulls’ push tested the $0.000455 resistance level. The Bulls are unable to beat the Bears for days. The price retreated to retest the broken level. Right now, the price is rising due to bullish pressure.
The price will grow as long as it remains above the Hull Suite Crypto signaling indicator. The histogram line will show a positive price movement, and the QQE MOD Crypto signals will show a value spike greater than zero.
Watch this space for updates!
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