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Sponge (SPONGEUSDT) Price: Rising Trend Will Soon Affect Market

Johnathon Fox
12/27/2023 | UPDATED ON: 12/27/2023

The price of Sponge can soar above $0.000196

SPONGEUSDT Price Analysis – 26 December

The bulls have the potential to push Sponge above $0.000196. We will attempt the $0.000196 resistance level, then the $0.000262 and $0.000330 barrier levels. Positive momentum will pick up speed very soon.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000196, $0.000262, $0.000330

Support levels: $0.000136, $0.000081, $0.000006

 

SPONGEUSDT Long-term Trend: Bullish

The daily SPONGEUSDT chart is bullish. To give investors options and maintain Sponge fair pricing for a wide variety of market segments, the price of sponge returned to its prior low at the $0.000136 support level. It just costs $0.000221 at the moment. The rising trend will soon affect the SPONGEUSDT market, which is excellent news for investors. The current strong resistance levels will swiftly become support levels with a bullish breakout at $0.000196.

Sponge (SPONGEUSDT) Price: Rising Trend Will Soon Affect Market

The price is expected to rise above the moving averages with periods of nine and twenty-one. The bulls have the potential to push the price above $0.000196. We will attempt the $0.000196 resistance level, then the $0.000262 and $0.000330 barrier levels. Positive momentum will pick up speed very soon.

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 $0.000136 support level. More investors may begin to show interest in the coin if the designated support level is maintained. The price of the sponge will rise due to demand. The pricing are currently cheaper to draw in more customers.

Sponge (SPONGEUSDT) Price: Rising Trend Will Soon Affect Market

Above the 45 level, a purchase signal will be displayed by the relative strength index’s period 14 indication.

They are completely outmatched

They don't stand a chance 😎💦🧽

#$SPONGE #MemeCoin #Crypto pic.twitter.com/ON73GMzb7n

— $SPONGE (@spongeoneth) December 22, 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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