On the daily chart, SPONGEUSDT price is in the green
SPONGEUSDT Price Analysis – 10 July
The upward trend will accelerate after Sponge break above the $0.00038 resistance level and it will lead to an increase toward the $0.00065 and $0.00087 barrier levels.
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
The SPONGEUSDT price is in the green on the daily chart. Today, Sponge was reduced below $0.000092 level to entice more buyers. This was done within few hours before it was restored to its previous level. Pricing for sponge is ranging from $0.00038 to $0.00092 at the moment. This may continue until enough asset is gathered. It only currently costs $0.000092. The bullish trend that is likely to start affecting the SPONGEUSDT market will be advantageous to all investors. The current strong resistance levels will quickly change into support levels if a bullish breakout occurs at the $0.00038 level.
The 9-period and 21-period moving averages are anticipated to be surpassed by the price. Sponge could surpass $0.00087 if the bulls maintain their momentum. The upward trend will accelerate after a price break above the $0.00038 resistance level and it will lead to an increase toward $0.00065 and $0.00087 barrier levels.
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SPONGEUSDT medium-term Trend: Bullish
The greatest option for shorter time periods is SPONGEUSDT. The price movement on May 7 hit the $0.00098 resistance level before reversing course and hitting the $0.00038 support level. More people are buying the coin because it can’t hold the $0.00038 support level. Prices of sponge will rise as demand grows. The price is lowered to entice more clients.
With the signal lines at 49, the relative strength index period 14 is showing a buy signal.
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