Image of SPONGE
SPONGESponge
$0.0₅2187
2.12%
1D

Sponge Analysis

Investment Score
A quick view into Sponge's investment prospects.
7.8

The asset still looks technically supportive, with multiple signals continuing to back the setup.

What is helping
  • MACD is confirming the current directional bias.
  • The current level still offers a favorable reward-to-risk profile.
Main risks
  • ATR percentile is elevated, which signals a noisier market and a higher chance of sharp swings.
  • Momentum is extended, which raises the risk of chasing.
Market State Summary
Current regime
Bull Volatile
Confidence: 69%
Why this state?
  • SPONGE is above SMA50
  • SMA50 is below SMA200
  • SMA50 slope is positive over the last 10 days
  • 30-day return is positive
  • ATR volatility is above the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bull Volatile regime, the best-fit approach is Follow the trend, but tighten risk control. The broader trend is still bullish, but price swings are wider and less forgiving, so the upside bias remains intact while execution and risk control need to be tighter.

Trend
Bullish
SPONGE is trading above key moving averages and the medium-term trend is still rising.
Momentum
Overbought
RSI is 76.53, which points to stretched upside momentum.
Volatility
Volatile
SPONGE ATR volatility is above the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.0₅4374 - $0.0₅4673
Active zone
$0.0₅1867 - $0.0₅2202
Support zone
$0.0₅1548 - $0.0₅1751
Chart Patterns
SMA50
SMA100
SMA200
RSI
Overbought
MACD
Bullish
ATR%
Volatile
Volume
High
Support & Resistance

Sponge support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.0₅1548 - $0.0₅1751
Resistance zone
$0.0₅4374 - $0.0₅4673
Active zone
$0.0₅1867 - $0.0₅2202
Levels Table
LevelZoneStrength
Support 1$0.0₅1548 - $0.0₅1751
Support 2$0.0₅1201 - $0.0₅1394
Support 3$0.0₆9716 - $0.0₅1120
Support 4$0.0₆3622 - $0.0₆5552
Resistance 1$0.0₅4374 - $0.0₅4673
Resistance 2$0.0₅5398 - $0.0₅5591
Resistance 3$0.0₅8302 - $0.0₅8495
Active 1$0.0₅1867 - $0.0₅2202
Scenario Analysis
Bullish scenario

SPONGE clears the resistance zone at $0.0₅4374 - $0.0₅4673 and holds above it. That would strengthen the breakout case and shift attention to $0.0₅5398 - $0.0₅5591.

Bearish scenario

SPONGE loses the support zone at $0.0₅1548 - $0.0₅1751. That would weaken the setup and open the way toward $0.0₅1201 - $0.0₅1394.

Neutral scenario

SPONGE continues trading between $0.0₅1751 and $0.0₅4374. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.0₅1321
Bullish
SPONGE is trading above the 50-day average.
SMA200
$0.0₅3601
Bearish
SPONGE remains below the long-term trend line.
EMA50
$0.0₅1593
Bullish
SPONGE is holding above the 50-day exponential average, which supports the recent trend.
EMA200
$0.0₅3600
Bearish
SPONGE is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
76.53
Overbought
RSI (14) is elevated at 76.53, which suggests upside momentum may be getting stretched.
Stoch RSI (14)
48.54
Neutral
Stoch RSI (14) is at 48.54, which suggests momentum is active but not yet extreme.
MACD
0.0₆2251
Bullish
MACD is above its signal line.
ATR
6.79%
Volatile
Volatility is above its 180-day median.
VWMA
$0.0₅1882
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
106.09
Bullish
CCI (20) is strong at 106.09, which shows price is trading well above its recent average.
Awesome Oscillator (5, 34)
$0.0₆5687
Bullish
Awesome Oscillator is above zero at $0.0₆5687, which supports bullish momentum.
Williams Percent Range (14)
-38.83
Neutral
Williams Percent Range (14) is at -38.83, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$0.0₆2343
Bullish
Bull Bear Power (13) is positive at $0.0₆2343, which suggests buyers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
55.96
Neutral
Ultimate Oscillator is at 55.96, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.0₅2203
Bearish
SPONGE is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.0₅1869
Bullish
SPONGE is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Sponge

Over the past 7 days, Sponge price was most positively correlated with the price of Aave (AAVE), Midnight (NIGHT), Monad (MON), Sky (SKY) and Pump.fun (PUMP) and most negatively correlated with the price of Beldex (BDX), Zcash (ZEC), Dash (DASH), Canton (CC) and Ethereum Classic (ETC).

Positively Correlated Currencies
NameCorrelation
Image of AaveAave0.839
Image of MidnightMidnight0.815
Image of MonadMonad0.688
Image of SkySky0.669
Image of Pump.funPump.fun0.645
Negatively Correlated Currencies
NameCorrelation
Image of BeldexBeldex-0.877
Image of ZcashZcash-0.862
Image of DashDash-0.853
Image of CantonCanton-0.804
Image of Ethereum ClassicEthereum Classic-0.782

Sponge price is negatively correlated with the top 10 coins by market cap with a price of -0.149, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.193. Currencies that are positively correlated with Sponge indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Sponge, a move in one direction for Sponge would translate into a move in the opposite direction for the negatively correlated coin.

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