Meme coin Archives - Page 2 of 3

August 09, 2023

SPONGE/USD ($SPONGE) Reclaims the $0.00012 Price Level

The SPONGE/USD ($SPONGE) market has recently experienced a noteworthy bullish breakthrough, liberating itself from the extended consolidation around the $0.000115 price mark. This breakout propelled the market significantly above the $0.00012 price level. However, a phase of profit-taking ensued, l...

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July 27, 2023

SPONGE/USD ($SPONGE): Bulls Holding Strong at the Crucial Demand Level

Since July 25, persistent selling pressure has confined the SPONGE/USD market within a tight range, with strong support at the $0.0001213 price level. Traders have shown reluctance to buy below this level. Moreover, the indicators suggest that the market is currently oversold, leading to rising bul...

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July 10, 2023

SPONGE/USD ($SPONGE) May Likely Bounce Back at $0.0001350

Despite the current $SPONGE bearish performance in the market, there are some optimistic factors to consider for Sponge based on the 4-hour timeframe. Although the market has been operating within the bearish zone, there is potential for a turnaround as it has continued to range along a horizontal ...

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July 08, 2023

SPONGE/USD ($SPONGE) Consolidates Around $0.0001374, Ahead of a Bounce

The bulls have shown tenacity in the SPONGE/USD market by resisting negative pressure at the $0.00014 support level since mid-June. After rising to a high of $0.0001581, the bear market was triggered too soon, putting more pressure on the demand level. The bulls were forced to find another lower ba...

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June 28, 2023

SPONGE/USD ($SPONGE Pair) Buyers Are Bullish Around the $0.00014 Price Level

The $SPONGE pair Buyers are being compelled by the selling pressure to revert to the $0.00014 price level. Every attempt to recover since the market peaked on June 22 at $0.0001528 has failed, and the bull market has only been able to reach lower highs. As the market approaches the psychological le...

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June 25, 2023

Sponge (SPONGE/USD) to Bounce Back From $0.000148

Breaking into the $0.00015 price zone is a major achievement for the SPONGE/USD bulls after they were able to turn the market around at $0.000137 on June 15. Since then, higher lows have begun to form on the 4-hour chart. On June 23, another higher low was formed above the $0.00015 price level, but...

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June 21, 2023

SPONGE/USD ($SPONGE) On the Rise; the $0.00015 Price Level Within Reach

Towards the end of the previous daily session, the $SPONGE pair broke the $0.000145 resistance level. This positive market has launched the pair from the depths of the sell zone into the buy zone, and with demand exceeding supply currently, the $0.00015 price level is within reach. Key Levels Resis...

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June 20, 2023

SPONGE/USD ($SPONGE) Finds New Support at $0.0001411

The Sponge and USD pair is kept above the $0.00014 price level as the market bounces off the $0.0001411 price level. However, this SPONGE/USD bull market was soon to encounter a near-barrier at $0.0001428. This new resistance is keeping the market below the two moving averages, a sign that bears st...

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June 18, 2023

Sponge (SPONGE/USD) Is on the Rise

The $0.00014 price level is expected to be the SPONGE/USD’s last line of defense after aggressive bearish sentiment made the market fall from the $0.00015 price zone. Due to the aggressively bearish market, the new support level fell slightly below $0.00014. At the $0.0001375 price level. Fro...

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