Question

The __________ is used for an event that continues to occur at the present moment in time.

Answer 1

The other answer is incorrect.

And I know you'll never see this answer because you asked this question 5 years ago.

So when I was 11 you asked this question. I'm guessing you look nothing like you do in your pfp anymore.

~Good Day.

Answer 2

The present progressive/continuous is used for an event that continues to occur at the present moment in time.
For example:
I am playing volleyball with my friends at the moment.