According to Coingabbar Price Analysis, BONK's price skyrockets after breaching the bullish flag, setting a new benchmark.
Solana memecoin experiences a 100% surge, reaching an all-time high of $0.00003000, propelled by its listing on Binance.
BONK experienced a remarkable surge of over 800% in early December.
Following the surge, BONK consolidated within the range of $0.00000175 to $0.000003500 for a week.
The price stabilized between $0.000003500 and $0.000005160 for over two weeks.
Breaking out of the consolidations, BONK resumed its upward trajectory, rising from $0.000005160 to $0.000014900, marking an increase of almost 190%.
Following news of listing on Coinbase and Binance, the price soared by 130% in the last two days.
KEY LEVELS :
RESISTANCE LEVEL : $0.000032000-$0.000035000
SUPPORT LEVEL : $0.00002800-$0.000025000
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 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.
5 months ago
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