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Sponge (SPONGEUSDT) Price: Bulls’ Momentum Is Increasing

Johnathon Fox
06/15/2023 | UPDATED ON: 06/15/2023

The cost of sponges will soon rise.

SPONGEUSDT Price Analysis – 14 June

The price may go above $0.00087 if the bulls keep moving at their current rate. Before the $0.00065 and $0.00087 barrier levels and after a price break above the $0.00038 resistance level, the upward trend will accelerate.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.00038, $0.00065, $0.00087

Support levels: $0.000092, $0.00004, $0.00002

 

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, SPONGEUSDT is bullish. The current cost of the coin is $0.00038. To give investors additional options and to enable a large number of people to purchase sponge, prices range from $0.00038 to $0.00092. The increasing trend, which will shortly begin to influence the SPONGEUSDT market, will be favorable to all investors. The current strong resistance levels will quickly change into support levels if there is a bullish breakout at the $0.00038 level.

Both the 9-period and 21-period moving averages are above the price at this time. The price may go above $0.00087 if the bulls keep moving at their current rate. Before the $0.00065 and $0.00087 barrier levels and after a price break above the $0.00038 resistance level, the upward trend will accelerate.

SPONGEUSDT medium-term Trend: Bullish

For shorter time durations, SPONGEUSDT is the ideal option. The price movement on May 7 initially hit the $0.00098 resistance level before turning around and hitting the $0.00038 support level. More people are buying the coin as a result of its struggle to hold onto the $0.00038 support level. As demand develops, the sponge’s price will rise. Consumers are now in charge of Sponge Market.

The price is lowered to entice more shoppers to the market. The relative strength index period 14 is displaying a buy signal with the signal lines at 48.

Be sure to participate in the thrilling $SPONGE #Airdrop!

🌊 Attention all #SPONGERS! 🗣️

🧽 Don’t miss out on the exciting $SPONGE #Airdrop! 🚀🎁

🌊 Make sure to meet the specified criteria on our #Discord server to qualify! ✅

🧽 Find all the instructions in the airdrop-signup section! 📝💰

🔗 https://t.co/LaiRot6tLJ pic.twitter.com/jTke0ga53S

— $SPONGE (@spongeoneth) June 12, 2023

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

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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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