SPONGEUSD Archives - Page 8 of 9

June 11, 2023

Sponge (SPONGE/USD) Regroups Around $0.00017

The Sponge bull market encountered a strong barrier at the $0.0001917 price level, and after the price was rejected around the resistance level, it fell back to the $0.00017 support price level. The price is expected to rally from this level as the support level appears to be very strong. Key Leve...

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June 08, 2023

SPONGE/USD ($SPONGE) Price Rallies From $0.0001713, Buy Now!

The SPONGE/USD bear market has hit a strong barrier at the $0.0001713 price level, and the market is now on a bullish price recovery. On June 5, the market saw a significant bearish move that led to a massive drop in the price. This significant bearish market movement is expected to trigger a respo...

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June 06, 2023

SPONGE/USD ($SPONGE) Price Prepares to Rally

The $SPONGE market is showing signs of a possible trend reversal at the $0.00018 price level. The last 4-hour session of the previous daily session ended with a completely bearish market. However, since the beginning of today’s market, the Sponge bear market seems to have hit a very strong brick wa...

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June 05, 2023

Sponge (SPONGE/USD) Is Still in the Demand Zone, Buy the Dip!

The SPONGE/USD bear market gained a bit of momentum towards the end of the previous daily session. This may have caused the volatility in the market to increase. As the Sponge bear market gains traction to push the price further into the demand zone. By doing this, they were able to break the deadl...

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May 30, 2023

Sponge (SPONGE/USD): Tension Is Building Around the $0.0002956

Sponge buyers are beginning to target the $0.0003 price level for a bullish base as the market tests above it for the second time. There’s now a significant struggle around the $0.0002956 price level. Bullish support is very close to this price level. The support level is at $0.0002926, and t...

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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...

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May 21, 2023

SpongeBob (SPONGE/USD) Continues Movement Within the $0.00042 and $0.00052 Price Zones

In the previous daily session, SpongeBob claimed a higher baseline at $0.00047; however, buyers failed to maintain this price level. They attempted to reclaim the $0.000519 resistance level. But the bullish price was repeatedly rejected until bulls became exhausted and finally had to fall back to ...

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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...

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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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