Sponge (SPONGEUSDT) Price Is Lowered to Entice More Shoppers

Bulls’ momentum will increase soon

SPONGEUSDT Price Analysis – 21 June

In case the bulls continue to move at their current pace, the price could rise beyond $0.00087. After a price breach above the $0.000224 barrier level and before the $0.000322 and $0.000402 resistance levels, the upward trend will quicken.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000224, $0.000322, $0.000402

Support levels: $0.000092, $0.00004, $0.00002

SPONGEUSDT Long-term Trend: Bullish

The daily chart of SPONGEUSDT exhibits upward movement. The coin is awaiting a breakout at $0.000224. The value of the currency is $0.000224 right now. Prices range from $0.000224 to $0.000092 in order to provide investors with more options and to allow a big number of people to purchase sponge. All investors would benefit from riding the upward trend, which will soon begin to affect the SPONGEUSDT market.

The price is currently barely below the 9- and 21-period moving averages. If the bulls continue to move at their current pace, the price could rise beyond $0.00087. After a price breach above the $0.000224 barrier level and before the $0.000322 and $0.000402 resistance levels, the upward trend will quicken.

SPONGEUSDT medium-term Trend: Bullish

The best choice is SPONGEUSDT for shorter time periods. The coin’s effort to maintain momentum above the $0.000224 resistance mark is drawing in more buyers. The price movement on May 7 initially encountered the $0.00098 resistance level before reversing course and encountering the $0.000092 support level. The price of Sponge will increase as demand grows. At the moment, Sponge Market is managed by its customers.

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 44.

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— $SPONGE (@spongeoneth) June 21, 2023

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