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Sponge Price Is Reduced To Attract More Investors

Johnathon Fox
12/14/2024 | UPDATED ON: 12/14/2024

More buyers are joining Sponge market

SPONGEUSDT Price Analysis – 14 December

If the bulls maintain their momentum, Sponge may rise over $0.000146. The upward trend will accelerate if the price breaks above the $0.000146 resistance level and the $0.000196, $0.000330 barrier levels may be tested.

SPONGE/USDT Market

Key levels:

Resistance levels: $0.000146, $0.000196, $0.000330

Support levels: $0.000136, $0.000081, $0.000006

 

SPONGEUSDT Long-term Trend: Bullish

It is evident that the SPONGEUSDT daily chart is bullish. The coin’s current value is just $0.000136. In order to expand investor options and make sponge more accessible, prices range from $0.000196 to $0.000136. The bullish trend that will soon begin to impact the SPONGEUSDT market will be advantageous to all investors. If there is a bullish breakout at the $0.000146 level, the high resistance levels that are currently in place will soon turn into support levels.

Sponge Price Is Reduced To Attract More Investors

The price is above the QQE MOD crypto signal indicator today, with the histogram above zero; if the bulls continue to gain ground, the price might surpass $0.000146. If the price breaks over the $0.000146 resistance level, the rising trend will pick up speed, and the $0.000196 and $0.000330 barrier levels may be tested.

 

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is the best choice for shorter periods of time. On November 18, the price movement reversed direction and struck the $0.000081 support level after striking the $0.000196 resistance level. The number of investors has increased as a result of the coin’s inability to breach the $0.000081 support level. The price of the sponge rises in tandem with demand. The sponge market is now dominated by buyers.

Sponge Price Is Reduced To Attract More Investors

To attract more customers to the market, the price is reduced. With its signal lines pointing north, the Hull Suite forex signals indicator is showing a buy signal.

Is there anyone else in the trenches?

Who else is deep in the trenches? pic.twitter.com/cFgWsZuUUC

— $SPONGE (@spongeoneth) December 13, 2024

 

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About Johnathon Fox

Johnathon is a Forex and Futures trader with over ten years trading experience who also acts as a mentor and coach to thousands and has written for some of the biggest finance and trading sites in the world.

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