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Sponge (SPONGEUSDT) Price: There Will Be a Bullish Breakout at $0.000330 Level

Johnathon Fox
12/29/2023 | UPDATED ON: 12/29/2023

Sponge will soon increase

SPONGEUSDT Price Analysis – 28 December

If the bulls continue to push, SPONGEUSDT can move above $0.000262. The positive momentum will accelerate after a price break above the $0.000262 resistance level and before the $0.000330 and $0.000403 barrier levels.

SPONGEUSDT Market

Key levels:

Resistance levels: $0.000330, $0.000403, $0.000503

Support levels: $0.000262, $0.000196, $0.000136

 

SPONGEUSDT Long-term Trend: Bullish

On the daily chart, SPONGEUSDT is bullish. The pricing range for sponge was set between $0.000262 and $0.000196 to give investors a variety of options and make sponge affordable for a wide range of consumers. It just costs $0.000281 at the moment. The upward trend that commences is to impact the SPONGEUSDT market will be advantageous to them. When there is a bullish breakout at the $0.000262 level, the present strong resistance levels will swiftly become support levels.

Sponge (SPONGEUSDT) Price: There Will Be a Bullish Breakout at $0.000330 Level

The price is rising above the moving averages with 9 and 21 periods. Should the bulls persist in their push, the price may surpass $0.000330. After a price break above the $0.000330 resistance level and before the $0.000403 and $0.000503 barrier levels, the positive momentum will pick up speed.

SPONGEUSDT medium-term Trend: Bullish

SPONGEUSDT is the best choice for shorter time horizons. The price movement on December 18 encountered the $0.000330 resistance level before turning around and reaching the $0.000196 support level. More people are investing in the coin as the designated support level is maintained. The price of the sponge will increase along with the demand. The pricing is currently cheaper to draw in more customers.

Sponge (SPONGEUSDT) Price: There Will Be a Bullish Breakout at $0.000330 Level

The relative strength index period 14 indication shows a purchase signal with the signal lines at 52.

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You can play for fun on the free version, or use $SPONGEV2 tokens to purchase additional game credits and earn more $SPONGE 😎#MemeCoin #Presale #Crypto pic.twitter.com/kJsqBY3wQ3

— $SPONGE (@spongeoneth) December 27, 2023

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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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