SPONGE Archives - Page 74 of 75

May 24, 2023

Sponge (SPONGE/USD) to Bounce Back at the $0.0003150 Price Level

The SPONGE/USD market, after peaking at the $0.0025 price level on May 8, began a massive bear market that was later pegged at the $0.0005 price level. The selling pressure could no longer drive the market below the $0.0005 price level; instead, the volatile market cooled off into a ranging market....

#SPONGE #SpongeBob

May 23, 2023

SpongeBob (SPONGE/USD) Bulls Are Gathering Around the $0.0004 Price Level

The $0.0005 price level is a decision level. As the bear market hit this level, bulls and bears became evenly matched. Their pull and push on the SpongeBob market sent the market oscillating around the $0.0005 price level. The price consolidation around this level has been going on since May 14. Bu...

#SPONGE #SPONGE/USD #Trading

May 22, 2023

Sponge (SPONGE/USD) Price Consolidation Will Strengthen the $0.0005 Support Level

The SPONGE/USD price consolidation around the $0.0005 price level will eventually strengthen it and set the market up for more bullish action. In the last bull market, this same price level was the baseline. It also acted as the brick wall for the bear market on May 11. The downtrend could not go f...

#SPONGE #SPONGEUSD

May 17, 2023

Sponge (SPONGE/USD) Continues to Maintain Chances for a Bullish Price Breakout

The bear market that issued from above the $0.0016 price level on May 10 was an aggressive one. But on May 11, the bear market faced a brick wall around the $0.000462 price level, and ever since then, SPONGE/USD has continued to range sideways at the level. It is not likely that the bear market [&h...

#SPONGE #Sponge Token #SPONGEUSD

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...

#SPONGE #Sponge Token #SPONGEUSD

May 15, 2023

Sponge (SPONGE/USD) Secures a Strong Bullish Base at $0.0005366

The $0.0005366 was a point of decision in the last SPONGEUSD bull market. Also, in the current market trend, it is acting as a brick wall for the bear market. The bear market started on May 7 at an all-time high price of $0.0024. As the market approached the $0.0005366 price level again, the bear [...

#SPONGE #Technical Analysis

May 14, 2023

Sponge (SPONGE/USD) Sees a Growing Bullish Sentiment

The Sponge market started going bullish in the later part of yesterday’s daily market session. The bullish trend started with the appearance of a spinning-top candlestick pattern. This type of candlestick pattern is very significant as it is an indication that the bear market might be losing ...

#Memecoin #SPONGE

May 13, 2023

Sponge (SPONGE/USD) Continues Around $0.000514, An Opportunity for More Buyers to Enter

SPONGE/USD buyers dominated the first half of the day’s trading session. The massive buying within the session took the price to a high of $0.001. At this price level, the bear market was triggered, and in the bearish run, the bulls fell back to the support price level, which is $0.000514. Th...

#SPONGE #SPONGEUSD

May 11, 2023

Sponge (SPONGE/USD) To Rise from $0.0004481

The previous Sponge bullish run took the price to a high of $0.002 before a bearish trend kicked in. The bearish trend may be coming to an end at the $0.0004481 price level. This support price level was a decision point in the previous uptrend and might as well play a major role in the […]

#Memecoin #SPONGE #SpongeBob