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Sponge (SPONGEUSDT) Price Will Soon Break Above $0.000224 Level

Johnathon Fox
06/27/2023 | UPDATED ON: 06/27/2023

 

Bulls’ momentum will pick up

SPONGEUSDT Price Analysis – 26 June

The price may go above $0.00087 if the bulls maintain their present rate of movement. The upward trend will gain momentum after the price breaks above the $0.000224 barrier level, and the resistance levels of $0.000322 and $0.000402 may be the following stops.

 

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 SPONGEUSDT chart exhibits an upward trend. At $0.000224, the coin is awaiting a breakout. Currently, the currency is worth $0.000224. In order to give investors additional options and to enable a large number of people to buy sponge, prices range from $0.000224 to $0.000092. Riding the upward trend, which will soon start to affect the SPONGEUSDT market, would be beneficial for all investors.

The price is close above the 9-period moving average and the 21-period moving average. The price may go above $0.00087 if the bulls maintain their present rate of movement. The upward trend will gain momentum after the price breaks above the $0.000224 barrier level, and the resistance levels of $0.000322 and $0.000402 may be the following stops.

SPONGEUSDT medium-term Trend: Bullish

The best choice is SPONGEUSDT for shorter time periods. More buyers are showing interest in the coin as it tries to maintain momentum over the $0.000224 resistance mark. On May 7, the price movement first ran into the $0.00098 resistance level before turning around and running into the $0.000092 support level. The sponge’s cost will rise as demand rises.

To encourage more customers to the market, the price is reduced. With the signal lines at 51, the relative strength index period 14 will provide a buy signal.

Keep an eye out for the $SPONGE #Airdrop! Join today to receive incredible perks

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👉https://t.co/lzRhjW4oLL pic.twitter.com/wdQ4NDstHc

— $SPONGE (@spongeoneth) June 24, 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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