Bulls will soon dominate SPONGEUSDT market
SPONGEUSDT Price Analysis – 29 April
If the bulls are able to break above the $0.000311 resistance level, the price might increase as far as $0.000358 and $0.000400, respectively. If the bulls can’t maintain up and break above the $0.000311 level, the price of the SPONGEUSDT might see a negative reversal and drop below the support levels of $0.000249, $0.000190, and $0.000143
SPONGEUSDT Market
Key levels:
Resistance levels: $0.000311, $0.000358, $0.000400
Support levels: $0.000249, $0.000190, $0.000143
SPONGEUSDT Long-term Trend: Bullish
The daily SPONGEUSDT chart is bullish. It has taken the buyers and sellers more than two weeks to come to an agreement. Every day, there are strong bullish candles emerging, and the price is rising gradually. Market was driven lower by bears, who first raised the market to $0.000311 and then to the $0.000249 support level. Bulls may break above the previously marked target if they keep up their pressure.
The fact that SPONGEUSDT is trading above the Hull Suite Crypto signals’ pricing mechanism suggests that it is gaining momentum. If the bulls can break above the $0.000311 resistance level, the price might increase as far as $0.000358 and $0.000400, respectively. If the bulls can’t maintain up and break above the $0.000311 level, the price of the cryptocurrency might see a negative reversal and drop below the support levels of $0.000249, $0.000190, and $0.000143.
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SPONGEUSDT Medium-term Trend: Bullish
The SPONGEUSDT 4-hour chart is showing an increasing trend. The $0.000500 resistance level was tested by the bulls’ pressure. The Bulls are unable to beat the Bears for days. The price retreated to retest the broken level. The price is currently rising because of the conflict between bulls and bears.
The price will go closer to them as long as it remains over the Hull Suite Crypto signaling indicator. The histogram line will show a positive movement in price, and the QQE MOD Crypto signals will show a value spike that is greater than zero.
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