SPONGE/USD Archives - Page 69 of 70

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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July 08, 2023

SPONGE/USD ($SPONGE) Bounces Back at June 15’s Demand Level

In the $SPONGE market, the bulls have demonstrated resilience by holding their position against bearish pressure at the $0.00014 support level since June 16. From this level, the market reached a high of $0.0001581, which triggered the bearish momentum. However, the market managed to remain strong ...

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July 06, 2023

SPONGE/USD ($SPONGE): The $0.00014 Price Continues to Be a Strong Fortress for the Bulls

The SPONGE/USD market has experienced a consistent support level at $0.00014 since June 20, and the price has repeatedly fallen back to this level during the bear market. Despite several bearish attempts, the market has been unable to break through this support level, indicating a strong level of b...

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July 04, 2023

SPONGE/USD ($SPONGE): Bulls Keep Pressure on the Key Resistance

The SPONGE/USD pair has kept bullish pressure on the $0.0001468 resistance price level. It has continued to maintain its higher lows. Currently, the market has retraced to $0.0001441, and apart from the fact that the price is higher than the previous support level, it is also showing signs of a reb...

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July 03, 2023

SPONGE/USD ($SPONGE) On the Trail of $0.00015

The $SPONGE market rallies with the $0.00015 price level in view; however, buyers are being faced with the barrier of $0.0001473 resistance to deal with. The bull market seems pegged around the resistance price level, but it is set to break this resistance level. Key Levels Resistance: $0.0004, $0....

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June 12, 2023

Sponge (SPONGE/USD) to Rise from the $0.000165 Price Level

The SPONGE/USD market is doing well to minimize the effects of the ongoing general bearish rush across most crypto markets. The $0.0165 price level has been secured as a strong support level against the Sponge bear market. The support level is very firm, and it is very likely that the Sponge bull m...

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June 09, 2023

SPONGE/USD ($SPONGE): Bulls Take Over the Market

The $SPONGE bulls have been able to stop the down-trending market around the $0.0001725 price level. The bearish trend, which started as a result of a price break from the consolidation trend around the $0.00029 price level on May 30, was not a steep one due to the presence of bulls in the market. ...

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June 02, 2023

Sponge (SPONGE/USD) May Rally From $0.0002619; Buy the Dip!

The SPONGE/USD market has endured strong bearish pressure at the $0.0002684 support price level. Buyers were trying to contain the effect of the bearish price breakout that issued from the $0.0002942 price level on May 30, at the $0.0002684 support price level. The market had gone flat around this ...

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May 31, 2023

Sponge (SPONGE/USD) Is to Rise From $0.000274

After tension built around the $0.00029 price level in the previous daily session, the demand line eventually yielded to bearish pressure, and as a result, the SPONGE/USD market is now around $0.000274. At this point in the market, a rebound is very likely to play out, as bulls could gather momentu...

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