Bonk Price Prediction as BONK Bounces 60% From Recent Bottom – Bigger Pump Incoming?
In the volatile world of meme cryptocurrencies, Bonk has captured traders’ attention with a remarkable 60% rally from its recent lows, stirring speculations about a larger pump on the horizon.
This surge comes amidst a frenzy of trading activity, with the Bonk price today at $0.000014 and a 24-hour trading volume soaring past $241 million. Currently ranked #75 by market cap, Bonk’s market valuation hovers around $862 million.
With a circulating supply of over 63 trillion coins, and whispers of bullish sentiment in online forums, the question on everyone’s mind is: Could this be the precursor to a more substantial price spike? Investors are keenly watching the $0.00001421 pivot point.
Analyzing the 4-hourly chart, the pivot point for Bonk is set at $0.00001421. The cryptocurrency faces immediate resistance at $0.00001561, with subsequent resistance levels at $0.00001701 and $0.00001800.
On the downside, Bonk’s immediate support is at $0.00001315, followed by stronger support levels at $0.00001200 and $0.00001101.
#BonkCoin's latest 4H chart points to a pivotal moment at $0.00001421, with potential resistance up to $0.00001800. With RSI at 54 and EMA trends suggesting bullish signals above $0.00001420, will #BONK test new highs or face resistance?
Read more on cryptonews.com
