SPONGEUSDT Price Analysis – 07 June
When the bulls keep pushing, Sponge may rise above $0.00087. After a price break above the $0.00038 resistance level and prior to the $0.00065 and $0.00087 barrier levels, the upward momentum will quicken.
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
SPONGEUSDT is bullish on the daily chart. Pricing for sponge ranges from $0.00038 to $0.00092 to provide investors with additional options and allow a wide number of individuals to purchase sponge at an affordable price. It just costs $0.00038 right now. The optimistic trend that will soon begin to influence the SPONGEUSDT market will be advantageous to all investors. If there is a bullish breakout at the $0.00038 level, the significant resistance levels that are currently in place will swiftly change into support levels.
The price is expected to surpass the 9-period and 21-period moving averages. If the bulls keep pushing, the price may rise above $0.00087. After a price break above the $0.00038 resistance level and prior to the $0.00065 and $0.00087 barrier levels, the upward momentum will quicken.
SPONGEUSDT medium-term Trend: Bullish
The best choice for shorter time periods is SPONGEUSDT. On May 7, the price movement encountered the $0.00098 resistance level before reversing course and hitting the $0.00038 support level. Due to the coin’s inability to hold the support level of $0.00038, more people are investing in it. The price of the sponge will increase as demand grows.
To encourage more customers to the market, the price is reduced. With the signal lines at 42, the relative strength index period 14 is showing a buy signal.
Do you notice the distinction?
🧽Can you see the difference? 👀✨ pic.twitter.com/iMaCpiAyfL
— $SPONGE (@spongeoneth) June 4, 2023
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