SPONGEUSD Archives - Page 7 of 9

June 23, 2023

SPONGE/USD ($SPONGE) to Continue the Bullish Trend from $0.0001518

The price retracement in the $SPONGE market is bringing the price closer to the 20-day moving average. Also, buying pressure is on the decline. It looks like a support level will form around the $0.0001518 price level. Key Levels Resistance: $0.0004, $0.0045, and $0.0005. Support: $0.00015, $0.0001...

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June 22, 2023

SPONGE/USD ($SPONGE) Seeks Bullish Support Above $0.0015

SPONGE/USD has successfully broken the resistance at the $0.00015 price level, briefly stopping at $0.000158. Currently, there is a brief price retracement in the market to encourage new bulls to come on board. The bullish force behind the market is high; therefore, bulls seek a higher support leve...

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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 19, 2023

SPONGE/USD ($SPONGE) to Bounce at $0.00014

Investor pessimism, which began after the market reached the high of $0.0001546 on June 17, continues to push the $SPONGE market in the direction of the important support price, even if the $0.00014 price level remains the bulls’ last line of defense. Since sponge buyers are not completing th...

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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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June 16, 2023

SPONGE/USD ($SPONGE Market) Forms Another Demand Line at $0.0001375; Buy the Dip

The selling pressure in the $SPONGE market is forcing bulls to find lower demand levels. However, the price decline is not a steep one due to bullish resilience, but there is a fear that the bears may take the price further into the demand zone. As a result of this, the price may still fall, [&hell...

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June 15, 2023

Sponge (SPONGE/USD) Price Now at $0.0001408, Buy Now!

This is the best time to buy Sponge as the bear market continues to push the price further into the demand zone. The Sponge market could be considered to have been trending sideways since June 10, but the Sponge bears show more strength than the Sponge bulls. The market saw a brief volatility squee...

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June 14, 2023

Sponge (SPONGE/USD) at $0.00016, Buy the Dip

The SPONGE/USD market continues to range in the $0.00016 price zone. There has been a significant decline in the level of pessimism among investors since the market entered the $0.00016 price zone. Traders appear not to be willing to buy the market below the $0.00016 price level. Therefore, with th...

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June 14, 2023

SPONGE/USD ($SPONGE) Bulls Strengthen the $0.00016 Price Level to Turn the Market Around

$SPONGE bulls have been doing well since June 10 to stop bearish advances and limit the progress of the bear by forming strong barriers in the $0.00017 price zone. However, bears have been making slight progress, pushing the market to the edge of the $0.00016 price zone. More bullish power is need...

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