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Buyers are increasing in Sponge market
SPONGEUSDT Price Analysis – 19 March
If the coin crosses the $0.000577 barrier level after the price hike, there can be more upside in the SPONGEUSDT price. The following growth targets are denoted by $0.000695 and $0.00088 6. If the bears can hold the $0.000577 resistance level, prices may drop below $0.000500, $0.000455, and $0.000400.
Key levels:
Supply levels: $0.000577, $0.000695, $0.000886
Demand levels: $0.000500, $0.000455, $0.000400
SPONGEUSDT Long-term Trend: Bullish
Long-term, SPONGEUSDT is bullish. Even though the cryptocurrency’s value stabilized around $0.000577 last week, buyers are still pushing the SPONGEUSDT market upward. Sponge prices have gone up, and they are almost at $0.000577. More bullish daily candles emerged, and the previously predicted level surged rapidly. Bulls are pushing against the sellers, which is compressing the sponge market.
The pricing mechanism of the Hull Suite Crypto signals indicates that the momentum of the bulls is increasing. Furthermore, there exists a possibility that the QQE MOD Crypto signals will exhibit a spike in value greater than zero. If the coin crosses the $0.000577 barrier level after the price hike, there can be more upside in the SPONGEUSDT price. The following growth targets are denoted by $0.000695 and $0.00088 6. If the bears can hold the $0.000577 resistance level, prices may drop below $0.000500, $0.000455, and $0.000400.
SPONGEUSDT Medium-term Trend: Bullish
SPONGEUSDT is useful when looking at things from a medium-term viewpoint. At the $0.000400 support level, there were more buyers than sellers during the previous week. The price crosses the resistance levels of $0.000455 and $0.000500. $0.000577 is the resistance level to strive for. The price crosses over and remains above the level that was first anticipated. Prices may rise much more as bulls are starting to enter the market once more.
The Hull Suite indicator and the pricing accord. An upward-pointing histogram line indicates a purchase in the QQE MOD.
With #SpongeV2, you still have a chance; don’t pass it up again.
You still have a chance with #SpongeV2… don't miss out again 💦$SPONGE #MemeCoin #Bullish pic.twitter.com/HuKpH3JTFI
— $SPONGE (@spongeoneth) March 19, 2024
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