BONK Price Prediction Signals 55% Rally By July End, But There’s a Twist

Quick Summary:

The BONK price prediction in the daily chart shows a 4-day rally amid the current market recovery.From the $0.000022 low, the Meme coin jumped 28% to trade at $0.000028, while the market cap reached $1.94 Billion.

This bullish upswing recently breached the immediate monthly resistance of $0.000027 along with the formation of a bullish reversal pattern.Time to go long?

The horizontal floor coincided closely with the support trendline of the rising wedge pattern creating a strong accumulation for buyers.

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Article Details

Author / Journalist: Sahil Mahadik

Category: Crypto

Markets: India

Topics: Bonk (BONK) Price Analysis BONK price analysis Mt gox

Source Website Secure: Yes (HTTPS)

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Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 20:04:01 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 374 words

Reading Time: 3 minutes read

Sentences: 40 lines

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Copyright Owner: © CoinGape

News ID: 21656773

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