May 16, 2023
$SPONGE (SPONGE/USD) Still Maintains the Possibility for a Bullish Price Breakout
As forces of demand match up with forces of supply in the $SPONGE market, the price stabilizes into a ranging trend. The horizontal price channel continues to narrow as the tug-of-war continues. On May 13, the bull market got rejected at $0.0006515, and it fell below the 20-day moving average. Howe...
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