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Bonk Price Prediction, BONK Gain be the Next Big Move

Lokesh Gupta Lokesh Gupta Calendar 09-01-2024

Bonk excels, sparking speculation ahead of the OKX listing.

  • According to Coingabbar Price Analysis, Bonk is also rising as investors buy the dip since it has been in a strong downward trend.

  • According to the 4H chart, the Bonk token price has been in a significant slump since peaking at $0.000035 on December 15th, last year.

  • Along the way, the token created a falling wedge shape, one of the market's most optimistic indicators.

  • Bonk has moved outside the restricted trading range of $0.000009300 to $0.00001380.

  • It has now moved slightly above the upper side of this pattern and the 50-period moving average.

  • If BONK sustains above $0.0000138, it may rise to test $0.0000175. Further stability could lead to a challenge of the $0.0000200 resistance level.

  • If bears outnumber bulls, the price may fall to hit the $0.00001150 support level. Further bear domination might force a challenge of the lower support level around $0.000009300.

KEY LEVELS :

RESISTANCE LEVEL : $0.000013800-$0.000014500

SUPPORT LEVEL : $0.000012300-$0.000011500

Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

Lokesh Gupta
Lokesh Gupta

Expertise

About Author

Lokesh Gupta is a seasoned financial expert with 23 years of experience in Forex, Comex, NSE, MCX, NCDEX, and cryptocurrency markets. Investors have trusted his technical analysis skills so they may negotiate market swings and make wise investment selections. Lokesh merges his deep understanding of the market with his enthusiasm for teaching in his role as Content & Research Lead, producing informative pieces that give investors a leg up. In both conventional and cryptocurrency markets, he is a reliable adviser because of his strategic direction and ability to examine intricate market movements. Dedicated to study, market analysis, and investor education, Lokesh keeps abreast of the always-changing financial scene. His accurate and well-researched observations provide traders and investors with the tools they need to thrive in ever-changing market conditions.

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5 months ago

Good Sharing

Farhat Iqbal
Farhat Iqbal
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