Sponge (SPONGEUSDT) Price May Rise Above $0.000262 Resistance Level

Buyers are increasing in Sponge price

SPONGEUSDT Price Analysis – 01 January

The bulls have the potential to push Sponge above $0.000330. After the price breaks above the $0.000330 resistance level and before the $0.000403 and $0.000503 barrier levels, positive momentum will pick up speed.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000262, $0.000330, $0.000403

Support levels: $0.000196, $0.000136, $0.000084

SPONGEUSDT Long-term Trend: Bullish

The daily SPONGEUSDT chart is bullish. Sponge was priced from $0.000262 and $0.000196 to give investors a variety of options and make sure a wide range of customers could purchase it. It merely costs $0.00024 at the moment. The expanding tendency that is beginning to impact the SPONGEUSDT market will be advantageous to them. A bullish breakout at the $0.000330 level will swiftly convert these significant resistance levels of the present into support levels.

Above the 9- and 21-period moving averages, the price is increasing. The bulls have the potential to push the price above $0.000330. After the price breaks above the $0.000330 resistance level and before the $0.000403 and $0.000503 barrier levels, positive momentum will pick up speed.

SPONGEUSDT medium-term Trend: Bullish

The best choice for shorter time horizons is SPONGEUSDT. The price movement on December 18 encountered the $0.000330 resistance level before turning around and reaching the $0.000196 support level. An increasing number of people are investing in the coin, provided that the designated support level is upheld. The price of the sponge will rise due to demand. The pricing are currently cheaper to draw in more customers.

The relative strength index period 14 indicator shows a bearish indication with the signal lines at 51.

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