SPONGE/USD Archives - Page 61 of 70

November 30, 2023

$SPONGE (SPONGE/USD) Is Positioned for Upside Momentum

Amidst bearish pressure that triggered a descent from the $0.0003359 level, resilient $SPONGE traders have strategically amassed around the $0.00030 support, marking a notable phase of consolidation. The market currently grapples with a delicate balance between supply and demand, as traders take a ...

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November 30, 2023

$SPONGE (SPONGE/USD) Holds Steady at $0.0003 Support, Aiming for Potential Rally Opportunities

As bearish pressure prompted a decline from $0.0003359, bullish SPONGE/USD traders have congregated around the $0.00030 price threshold. The market has exhibited a period of stagnation at this level, characterized by a clash between demand and supply, and traders currently appear to be in a tempora...

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November 29, 2023

$SPONGE (SPONGE/USD) Bulls Trying to Claim a $0.0003 Price Level for a Higher Support Level

Examining the bearish pressure evident in the preceding $SPONGE market analysis, it was anticipated that $0.00025 would serve as the final line of defense for bullish sentiments. However, a notable resurgence of bullish momentum occurred at the $0.000275 price level, successfully reversing the mark...

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November 28, 2023

$SPONGE (SPONGE/USD) Still Holds Potential for a Price Rally

In the SPONGE/USD market, bullish positions have demonstrated resilience in the face of bearish pressure. Buyers are endeavoring to maintain control over the $0.00028 price level. Nevertheless, bearish pressure has breached this support level. Despite this shift in the SPONGE/USD market, bulls cont...

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November 27, 2023

$SPONGE (SPONGE/USD): Bulls Congregate Around the $0.00028 Price Level

In the $SPONGE market, there is a noticeable accumulation of bullish sentiment around the $0.00028 price level. Bulls are exhibiting increasing strength, indicating a potential upward movement in the price. The most recent candlestick, characterized by a slight lower shadow, suggests robust bullish...

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November 25, 2023

Tamadoge (TAMA/USD) Persists Within a Horizontal Price Channel, Exploring Potential for Price Rally

The interaction between Tamadoge’s supply and demand commenced in early October, centered around the $0.0008 price level, and has endured to the present moment. Although the TAMA/USD bull market briefly exceeded this threshold at one juncture, both bulls and bears currently contend in the vic...

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November 21, 2023

Sponge (SPONGE/USD) Bullish Traders to Intervene at the $0.00033 Price Level

While the market has exhibited signs of indecision since November 18, characterized by the prevalence of doji candlesticks, it is currently displaying a subtle downward trend. This suggests that bearish traders are initiating downward movements. The gradual descent in the SPONGE/USD bear market, at...

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November 21, 2023

$SPONGE (SPONGE/USD) Analysis: Anticipated Bullish Intervention at $0.00033 Price Level

As of November 18, the market for $SPONGE has been marked by indecision, as evidenced by the prevalence of doji candlesticks. Despite this, a subtle downward trend is currently observed, signaling the initiation of downward movements by bearish traders. The gradual descent in the bear market, influ...

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November 19, 2023

SPONGE/USD ($SPONGE) Bullish Intervention Above $0.0003 Prepares the Market for Upward Price Action

The $SPONGE bullish market initiated an upward trajectory on November 10. This bullish momentum gained further strength on November 12, following the establishment of a support level at $0.00029. The substantial bullish movement resulting from this support level significantly increased market volat...

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